Median home value is about $1,633,700 — about 369% above the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $2,325 (about 100% above the U.S. median rent ($1,163)), and owner-occupancy near 82.0% (about 16.5 points above the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 11024 in Kings Point, NY, a household would need roughly $450,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $10,494. That is about 164% above the local median household income ($170,476), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.