Kings Point New York Area Home Supply Charts

This page looks at a variety of Kings Point New York housing market data taken from the most recent 2022 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Kings Point shows it has a Housing Units of 1,412 which is the third most of all other places in the greater region.

Figure 2 illustrates the housing density in the Kings Point housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Kings Point shows it has a Housing Density of 420.3 which is the smallest in terms of housing density of all the other places in the greater region. The city with the highest housing density in the area is Manorhaven which shows a density of 6651.7 ( considerably bigger). Comparing housing density to the United States average of 39.5, Kings Point is considerably bigger. Also, versus the state of New York, housing density of 179.4, Kings Point is approximately 2.3 times bigger.

In Figure 3, Kings Point area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Kings Point depicts it has a Housing Unit Change of 1.9% which is less than most other places in the metro area. The city with the highest change in the housing units in the area is Saddle Rock which shows a housing units of 21.4% ( substantially bigger). Comparing change in the housing units to the United States average of 7.4%, Kings Point is approximately a quarter the size. Also, measured against the state of New York, change in the housing units of 4.2%, Kings Point is approximately half the size.

Figure 4 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Kings Point shows it has a Renter Percent of 2.1% which is the second smallest in terms of renter percent of all the other places in the area. Figure 5 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 97.9% which is the second most owner percent of all the places in the greater Kings Point region.

Kings Point New York Home Cost Charts

Median owner costs for the real estate market are shown in Figure 8 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Kings Point depicts it has a Median Owner Cost of $4,001 which is the largest of all places in the greater Kings Point region. Figure 9 shows the median amount of cost as a percent of total household income for people who own homes in the Kings Point metro area. it has a Owner Cost as % of HH Income of 41% which is the second most cost as a percent of household income of all the places in the greater Kings Point region. The next chart, Figure 10, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Kings Point shows it has a Median Home Value as Percent of Median Earnings of 1914% which is the largest of all places in the surrounding region.

Next shown in Figure 11 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Kings Point shows it has a % of Income Owner Costs-With Mortgage of 51% which is the highest of all places in the local area. Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 12. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Kings Point depicts it has a % of Income Owner Costs-No Mortgage of 30% which is the most of all places in the greater Kings Point region.

Figure 14 shows the total housing cost for both home owners and apartment community renters in the area. Kings Point has the smallest proportion of housing cost between $1,500 and $2,000 at 6% of the total.

Figure 15 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $10,001 which is the highest of all places in the greater Kings Point region. Comparing median real estate taxes paid to the United States average of $2,690, Kings Point is approximately 3.7 times bigger. Also, in contrast to the state of New York, median real estate taxes paid of $5,884, Kings Point is 70.0% larger.

Kings Point New York Home Characteristics Charts

Figure 19 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a Median Year Built of 1961 which is the second most of all the places in the local area. The city with the highest year built in the area is Manorhaven which shows a year built of 1970 ( about the same size).

Figure 20 looks at the distribution of housing units by the median age that the homes were built. it has the largest proportion of homes built between 1980 to 1989 at 8% of the total and is ranked #1. Second, it has less than most other places in the local area when sorted by homes built between 1940 to 1949 at 16% of the total. Figure 21 shows the year that people who own homes moved into this region. has the smallest proportion of owners moved in 2019 or later at 9% of the total. Second, it has the largest proportion of owners moved in 2000 to 2009 at 21% of the total and is ranked #1. Figure 22 shows the year that people who rent moved into the area. Kings Point has the largest proportion of renters moved in 2019 or later at 100% of the total and is ranked #1.