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Kings Point village, NY

ZIP 11024 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

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Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 11024

Median Home Value
$1,633,700
Median Rent
$2,325
Affordability Snapshot
$450,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$10,494/mo PITI).

16%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

9.6x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

58.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 11024 in Kings Point village, 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.

Housing Tenure

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
82.0%+25% vs US avg
x
Vacancy Rate
11.7%+14% vs US avg
x
Broadband Access
90.8%+4% vs US avg
x
4+ Bedrooms
33.5%+126% vs US avg
x
Built Pre-1939
14.4%+13% vs US avg
x
Built Post-2014
0.9%-86% vs US avg
x
Rent Burden >30%
37.9%-24% vs US avg
x
Mortgage-Free
52.8%+38% vs US avg
x
$1,633,700
Home Value
$2,325
Rent
1956
Year Built
2004
Moved In

Residents have lived here since ~2004 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached89.9%
  • 1-unit attached1.8%
  • 2-9 units1.8%
  • 10+ units6.5%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$1,633,700
Median rent$2,325
Owner-occupied82.0%
Vacant11.7%
Price-to-income9.6x
Est. income to buy$450,000