Apartments for rent in Kings Point, NY

Kings Point is a small town in New York with approximately 5,000 residents. There is no shortage of opportunities for young adults aged 15-24, who account for a higher percentage of the population here (21%) than nationally (14%), while young professionals account for a smaller percentage of the town. Overall, the town's residents, with an average age of just under 38, are younger than most cities in New York. Home ownership is more common than renting in the area, and 3% of residents rent. With a relatively low average rent of $993/month in the town, renting remains an affordable option, particularly compared to other cities in New York. Over the course of a year, renters in Kings Point will save around $3,400 compared to the state average.

Many Kings Point residents work in one of three industries: retail, healthcare, and scientific. Together, these industries account for 19% of the town's workforce. Meanwhile, in terms of job function, many of the town's residents work in sales, making it the top field in the town. With an average annual income of around $141,000, Kings Point workers earn about $61,000 more than their peers elsewhere in the state. The town's average income also compares favorably to the national average of $73,345. Compared to the national average (21%), Kings Point has a high concentration of residents older than 25 who have a Bachelor's, Master's, Professional, or Doctoral degree (32%).

With an average commute time of about 38 minutes, longer than most cities in the state, Kings Point residents are well aware that traveling to work takes some patience. Driving a car or truck is the most common mode of getting to work, chosen by 26% of residents, while public transit is used by only 7% of the town. Walking (2%) isn't a common way to get to work, though the number is greater than the national average.