The typical owner-occupied home in Kings County is worth about $905,000, 2.1 times the New York median of $423,800 and 2.7 times the national median of $332,700. Owners pay a median $6,382 a year in property taxes, about 0.71% of their home's value, lower than the New York rate of 1.55%. The median household earns $80,263 a year, so the median home costs 11.3 times the median income (4.9 times for New York). 29% of occupied homes here are lived in by their owners, and 58% of those owners still have a mortgage.
Kings County at a glance
| Kings County | New York | U.S. | |
|---|---|---|---|
| Median home value | $905,000 | $423,800 | $332,700 |
| Median property tax paid per year | $6,382 | $6,582 | $3,119 |
| Property tax as a share of value | 0.71% | 1.55% | 0.94% |
| Median household income | $80,263 | $85,974 | $80,734 |
| Homes lived in by their owners | 29% | 54% | 65% |
| Owner homes with a mortgage | 58% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $3,542 | $2,555 | $1,963 |
| Those costs as a share of the owners' income | 27.8% | 22.5% | 21.0% |
| Median rent | $1,833 | $1,621 | $1,413 |
| Rent as a share of renters' income | 30.5% | 31.2% | 30.6% |
| Median year homes were built | 1944 | 1959 | 1980 |
| Vacant homes | 8.3% | 10.0% | 10.1% |
| Population | 2,631,580 | 19,852,366 | 334,922,499 |
What a typical home costs per month in Kings County
At this week's average 30-year rate of 7.11%, buying the median Kings County home of $905,000 with 20% down costs about $5,783 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $7,436, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $247,840 for the 20%-down payment. That payment is 86% of the median Kings County household income of $80,263; at that income and 20% down, the 28% guideline points to a home of about $293,000.
The median rent here is $1,833 a month, so owning the median home costs about $3,950 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $181,000 |
|---|---|
| Loan amount | $724,000 |
| Principal and interest | $4,870 |
| Property taxes (0.71% a year) | $535 |
| Homeowners insurance (our estimate, 0.5% a year) | $377 |
| PMI | $0 |
| Total per month | $5,783 |
Change the numbers in the calculator
| Down payment | $31,675 |
|---|---|
| Loan amount | $888,608 |
| Principal and interest | $5,978 |
| Property taxes (0.71% a year) | $535 |
| Homeowners insurance (our estimate, 0.5% a year) | $377 |
| FHA mortgage insurance | $546 |
| Total per month | $7,436 |
Change the numbers in the calculator
Questions about home buying in Kings County
What is the median home value in Kings County?
About $905,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Kings County?
Homeowners pay a median $6,382 a year, which is about 0.71% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Kings County?
For the median home with 20% down at 7.11%, the payment is about $5,783 a month. Keeping that under 28% of gross income takes about $247,840 a year.
More about Kings County
- Mortgage Refinance in Kings County
- Debt Relief in Kings County
- Home Equity Loans in Kings County
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data