70 / 100

Kings County, NY

RANK #297 / 996  ·  POP 2,679,620  ·  NY

PROJECTED GROWTH: +1.6%

Kings County is growing steadily, with strong fundamentals across jobs, wages, and population.

[01] Why Kings County?

Kings County, coextensive with the New York City borough of Brooklyn, offers a distinctive urban experience. Brooklyn Heights, with its historic brownstones and promenade, provides views of the Manhattan skyline. Located on the southwestern end of Long Island, Brooklyn is separated from Manhattan by the East River, connected by bridges and subway lines. Commute times to Midtown Manhattan can range from 15 to 25 minutes from neighborhoods like Downtown Brooklyn or Williamsburg via subway. The borough features extensive waterfront areas, including Brooklyn Bridge Park and Prospect Park, offering green spaces and outdoor recreation.

Life in Kings County is characterized by diverse communities and a range of lifestyles, attracting families, young professionals, and artists. Public schools in Kings County are part of the New York City Department of Education, with many schools ranking above average. The local economy has seen growth in sectors such as healthcare and social assistance, which is the largest industry for employment. There has also been an increase in new businesses, particularly very small businesses, and growth in the tech and creative industries.

[02] Market Snapshot

Housing Ratio
20.2x

Overvalued relative to economy

GDP Growth
+3.1%

Above national median

Home Prices
+5.1%

Outpacing national median

Climate & Terrain
-0.2

Below-average climate & terrain

Price/Rent
21x

Prices detached from rents

Housing looks overvalued at 20.2x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Kings County U.S. National

The Numbers

DEMOGRAPHICS
Population
2,679,620
-1.21% YoY
Median Household Income
$74,692
Median Home Value
$865,300
+5.14% 12mo
Median Rent
$1,715
Average Annual Pay
$59,980
+1.1% YoY
Employment
923,681
+6.0% YoY
Income-to-Home-Value
0.0863
Less affordable than average
Migration Inflow
1.9%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$1,100,000
Days on Market
74
Slower market
Months of Supply
6.5
Buyer's market
Sale-to-List Ratio
97.3%
Negotiation room for buyers
Sold Above List
11.7%
Listings w/ Price Drops
15.5%
Building Permits (2024)
10,063
Single-Family Permits
25

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$1,450M
TOTAL
PROJECT AMOUNT STATUS
Empire Wind 1 Offshore Wind Farm
Equinor
$900M Under Construction
Kingsboro Psychiatric Center Campus Redevelopment
Breaking Ground
$400M Under Construction
Kings County Hospital Center Redevelopment (Phases II-V)
Kings County Hospital Center
$100M Under Construction
DataVerge Brooklyn Interconnected Hub
DataVerge Data Centers
$50M Operating

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +3.1% 58 percentile
Population Growth -1.2% 2 percentile
Income Growth +10.2% 83 percentile
Vacancy Rate 1.2% 38 percentile
Home Price Change +5.1% 90 percentile
Rent Growth +5.6% 84 percentile
Price/Rent 21x 6 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Kings County, NY a good place to move to?

Kings County has a Boom Town Index score of 70/100, ranking #297 among 996 U.S. counties. With job growth at +6.0% and a median household income of $74,692, it's an above-average county on economic indicators.

Is Kings County affordable?

The median home value in Kings County is $865,300 with median rent at $1,715/month. The income-to-home-value ratio is 0.0863, which is less affordable than the national average.

Is Kings County growing or shrinking?

Population growth: -1.2% year-over-year. Job growth: +6.0%. Home values changed +5.1% in the past 12 months.

[08] Similar Metros

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