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Crown Heights

Learn about the people, housing, costs and businesses in Crown Heights, New York

Median Home$348,400
Median Rent$1,458/month
Population2,718
Leading IndustriesPublic Administration · Wholesale Trade · Education34% public administration
Home Value Growth+9.3% over 2 years
Retirees25% of residentsabove average nationally
Homeowners86% of occupied units
NotableHigh Incomes$110k/year · top 12% nationally
Crown Heights
NY

Frequently Asked Questions

What are today's mortgage rates in Crown Heights?

As of today, the 30-year fixed mortgage rate for Crown Heights is approximately 6.902% (6.938% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Crown Heights?

The median home value in Crown Heights is $348k. The median monthly rent is $1,458. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Crown Heights?

Home values in Crown Heights have increased 9.3% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Crown Heights?

Based on a typical all-in ownership cost of $2,000/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $86k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Crown Heights is $110k/year.

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What industries drive the economy in Crown Heights?

The largest employment sectors in Crown Heights are public administration (34%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.