The median property value in Queens County, NY was $575,600 in 2020, which is 2.5 times larger than the national average of $229,800. Between 2019 and 2020 the median property value increased from $543,800 to $575,600, a 5.85% increase. The homeownership rate in Queens County, NY is 45.1%, which is approximately the same as the national average of 64.4%.
People in Queens County, NY have an average commute time of 44.2 minutes, and they used public transit to get to work. Car ownership in Queens County, NY is lower than the national average, with an average of 1 car per household.
Median household income in Queens County, NY is $72,028. In 2020, the tract with the highest Median Household Income in Queens County, NY was Census Tract 749 with a value of $179,167, followed by Census Tract 928 and Census Tract 610, with respective values of $152,543 and $152,083.
In 2021, 31.6% of the population was living with severe housing problems in Queens County, NY. From 2014 to 2021, the indicator declined 0.243%.