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NYC Neighborhood Data Profiles

Hillcrest/Fresh MeadowsQN08

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Last updated: 05/06/2026

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In 2024, Hillcrest/Fresh Meadows was the city’s 26th largest neighborhood by population out of 59 neighborhoods. It has the 28th largest proportion of nonwhite population, the 27th highest median income, and the 29th most expensive rents of the city’s 59 neighborhoods. From 2010 to 2025, the neighborhood added 1,346 new housing units, 1,201 units of which were market rate and 145 units of which were income restricted.

DEMOGRAPHICS

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Indicator 2000 2006 2010 2019 2023 2024 2025
Population
Born in New York State 46.0% 47.5% 45.8% 46.2% 50.1%
Disabled population 7.7% 6.6% 7.4% 11.4%
Foreign-born population 44.8% 47.2% 45.5% 46.7% 44.8% 43.2%
Population 148,712 147,374 138,004 168,471 142,031 148,530
Population aged 65+ 14.1% 15.2% 15.7% 16.4% 21.3% 22.0%
Households
Households with children under 18 years old 34.4% 32.0% 29.3% 33.7% 28.3% 25.4%
Single-person households 29.1% 28.5% 23.6% 28.4% 30.6%
Race and Ethnicity
Percent Asian 23.7% 29.8% 30.0% 30.9% 29.1% 34.8%
Percent Black 14.5% 11.0% 12.6% 15.6% 13.2% 9.9%
Percent Hispanic 16.3% 19.4% 20.5% 21.1% 24.3% 20.2%
Percent white 39.0% 36.8% 32.8% 27.1% 25.4% 25.7%
Racial diversity index 0.74 0.73 0.74 0.76 0.77 0.76
Income, Poverty and Ownership
Income diversity ratio 3.7 5.1 4.8 5.0 4.5
Homeownership rate 43.8% 54.5% 46.0% 43.5% 47.8% 49.6%
Median household income (2025$) $95,650 $88,710 $79,230 $89,640 $83,770 $89,620
Median household income, homeowners (2025$) $98,950 $102,910 $114,930 $93,690 $113,210
Median household income, renters (2025$) $72,530 $65,220 $75,960 $70,050 $72,020
Poverty rate 10.6% 8.1% 13.7% 11.5% 14.0% 11.4%
Poverty rate, population aged 65+ 9.9% 8.5% 16.6% 13.5% 10.2%
Poverty rate, population under 18 years old 8.9% 18.7% 10.5% 14.0% 14.5%
Labor Market
Labor force participation rate 63.1% 63.0% 62.5% 61.8% 58.7%
Population aged 25+ without a high school diploma 15.2% 13.3% 13.1% 15.6% 15.0%
Unemployment rate 6.3% 6.4% 12.7% 5.5% 6.3% 5.5%

In 2024, there were an estimated 148,530 people in Hillcrest/Fresh Meadows, of which 34.8% identified as Asian, 9.9% identified as Black, 20.2% identified as Hispanic, and 25.7% identified as White.

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In 2024, the household income group with the largest share (37.6%) of households was $100,001 – $250,000. In 2000, the same household income group had the largest share as well, with a slightly lower share of 36.4%.

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Median household income in 2024 was $89,620, about 7% more than citywide median household income ($83,970). The poverty rate in Hillcrest/Fresh Meadows was 11.4% in 2024 compared to 18.0% citywide.

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Renters and Rental Conditions

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Indicator 2000 2006 2010 2019 2023 2024 2025
Rental Stock and Conditions
Rental vacancy rate 2.7% 3.0% 2.8% 2.3%
Serious housing code violations (per 1,000 privately owned rental units) 19.0 20.9 28.2 82.4 130.3 123.4
Severe crowding rate (% of renter households) 3.8% 3.9% 6.0% 5.9%
Total housing code violations (per 1,000 privately owned rental units) 137.4 127.2 115.4 261.0 398.7 350.7
Median Rent
Median rent, studios and 1-bedrooms (2025$) $1,610 $1,700 $1,760 $1,760
Median rent, 2- and 3-bedrooms (2025$) $1,800 $2,000 $2,120 $2,190
Median rent, all (2025$) $1,440 $1,660 $1,700 $1,930 $1,950 $1,870
Median rent, recent movers (2025$) $1,950 $1,950 $1,930 $1,970
Change in rent (2023-2024) 4.4%
Affordability
Rental units affordable at 30% AMI (% of recently available units) 5.7% 2.8% 2.5% 2.2%
Rental units affordable at 80% AMI (% of recently available units) 45.9% 65.3% 90.4% 92.3%
Rental units affordable at 120% AMI (% of recently available units) 95.1% 98.1% 99.1% 98.6%
Rent Burden
Moderately rent-burdened households 23.0% 25.0% 22.6% 22.0% 26.1%
Moderately rent-burdened households, low income 32.4% 33.1% 30.7% 32.2%
Moderately rent-burdened households, moderate income 20.5% 8.4% 6.8% 5.3%
Severely rent-burdened households 17.4% 25.3% 28.5% 24.5% 25.1%
Severely rent-burdened households, low income 46.7% 44.7% 40.3% 37.7%
Severely rent-burdened households, moderate income 0.0% 0.7% 0.5% 0.4%
Rental Subsidy
Housing choice vouchers (% of occupied, privately owned rental units) 1.2% 0.7% 1.1% 1.3%

Real median gross rent in Hillcrest/Fresh Meadows increased from $1,660 in 2006 to $1,870 in 2024. This represents a 12.7% increase over the same period. The overall rental vacancy rate in Hillcrest/Fresh Meadows was 2.3% in 2024.

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The rent distribution shows the share of apartments by their size (according to the number of bedrooms), and then for each apartment size in the community district, the share of apartments according to their monthly gross rent. This distribution compares 5-year ACS figures from 2010 to 5-year ACS figures from 2024.

Between 2020-2024, the largest share of studios had gross rents between $1,500.00 – $2,000.00 (36%), the largest share of one-bedrooms had rents between $1,500.00 – $2,000.00 (43%), the largest share of two-bedrooms had rents between $2,000.00 – $2,500.00 (30%), the largest share of three bedrooms had rents between $3,000.00 – $4,000.00 (26%). (If you are viewing this page on a desktop, you can use the drop down menu below to switch between different apartment sizes)

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As of 2024, the change in median gross rent outpaced the change in median household income by 13.4 percentage points. In 2024, 25.1% of renter households in Hillcrest/Fresh Meadows were severely rent burdened (spent more than 50% of household income on rent). 92.3% of the rental units were affordable at 80% Area Median Income, 46 percentage points higher than the share in 2010.

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HOUSING

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Indicator 2000 2006 2010 2019 2023 2024 2025
Housing Stock
Housing units 55,670 54,564 61,550 59,147 58,165
Finance – Distress
Notices of foreclosure rate (per 1,000 1-4 family and condo properties) 3.9 5.8 10.2 5.1
Notices of foreclosure, all residential properties 80 112 204 108
Notices of foreclosure, initial, 1-4 family and condo properties 59 87 167 45
Notices of foreclosure, repeat, 1-4 family and condo properties 17 25 34 57
Pre-foreclosure notice rate (per 1,000 1-4 family and condo properties) 34.5 24.2
Pre-foreclosure notices, 1-4 family and condo properties 685 483
Properties entering REO, 1-4 family 4 1 10
Finance – Lending
FHA/VA-backed home purchase loans (% of home purchase loans) 0.0% 8.3% 1.9% 1.5% 1.8%
Higher-cost home purchase loans (% of home purchase loans) 12.4% 0.6% 9.1% 5.7% 4.2%
Higher-cost refinance loans (% of refinance loans) 21.7% 2.0% 5.8% 4.6% 9.3%
Home purchase loan rate (per 1,000 properties) 37.5 18.6 17.2 14.0 13.3
Home purchase loans in LMI tracts (% of home purchase loans) 0.4% 18.4% 9.1% 11.6% 11.1%
Home purchase loans to LMI borrowers (% of home purchase loans) 10.2% 0.5% 15.5% 17.1% 17.4%
Refinance loan rate (per 1,000 properties) 26.5 14.3 13.6 2.6 2.5
Sales – Volume
Sales volume, 1 family building 517 508 294 271 334 279 368
Sales volume, 2-4 family building 144 195 89 64 105 89 115
Sales volume, 5+ family building 0 3 5 3 1 5 2
Sales volume, condominium 8 99 83 76 44 54 61
Sales volume, all property types 669 805 471 414 484 427 546
Sales – Median Prices
Median sales price per unit, 1 family building (2025$) $582,160 $965,130 $775,870 $1,062,010 $981,820 $1,018,310 $999,000
Median sales price per unit, 2-4 family building (2025$) $283,980 $516,620 $390,890 $583,480 $533,830 $501,400 $516,670
Median sales price per unit, 5+ family building (2025$) $172,210 $188,270 $165,790 $49,220 $382,510 $180,650
Median sales price per unit, condominium (2025$) $280,200 $587,070 $430,340 $597,770 $530,070 $485,890 $480,000
Sales – Housing Price Index
Index of housing price appreciation, 1 family building 100.0 198.6 172.3 265.0 301.2 313.5 327.4
Index of housing price appreciation, 2-4 family building 100.0 222.2 183.7 300.5 325.2 328.5 313.4
Index of housing price appreciation, 5+ family building 100.0 57.4 42.3 750.2 48.7
Index of housing price appreciation, condominium 100.0 260.7 234.7 371.1 374.2 383.2 394.3
Index of housing price appreciation, all property types 100.0 202.7 174.3 275.2 302.7 311.9 318.1

In 2024, the homeownership rate in Hillcrest/Fresh Meadows was 49.6%, which is higher than the citywide share of 32.7%. The homeownership rate in the neighborhood has increased by 3.6 percentage points since 2010. In 2024, the home purchase loan rate was 13.3 per 1,000 properties (owner-occupied 1-4 family buildings, condominiums, or cooperative apartments) and the refinance loan rate was 2.5 per 1,000 properties in the neighborhood. Out of all the first-time home purchase loans and refinance loans in Hillcrest/Fresh Meadows, 4.2% and 9.3% were high cost loans, respectively. 63 properties had a filing of mortgage foreclosure in Hillcrest/Fresh Meadows in 2022. There were 3.1 mortgage foreclosure actions initiated per 1,000 1-4 family properties and condominium units.

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Among all residential properties, prices of residential properties have increased 81% in Hillcrest/Fresh Meadows since 2009. Price appreciation by property type is only available if there are a minimum of 10 sales recorded in any given year for the specified period. (If you are viewing this page on a desktop, you can use the drop down menu below to switch to a different index year for longer term trends.)

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DEVELOPMENT

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Indicator 2000 2006 2010 2019 2023 2024 2025
Development
Units authorized by new residential building permits 53 0 90 253 32 24 11
Units issued new certificates of occupancy 94 161 174 121 124 155 165
Affordable Units Completed (<=50% AMI) 0 0 0
Affordable Units Completed per capita (<=50% AMI, adjusted by 100,000 people) 0 0 0
Density
Population density (1,000 persons per square mile) 19.8 18.5 22.6 19.1 19.9

Between 2010 and 2025, 1,346 units in 4+ unit buildings were built in Hillcrest/Fresh Meadows. 89% were market rate, compared to 3% that were income-targeted. We use data from a variety of sources to count the number of income-restricted units targeted to households earning between 80% and 165% of AMI. However, due to restricted availability of granular data our calculations of income-restricted units should be read as conservative estimates. Read more about our methodology in the technical appendix of the 2021 Focus Report.

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From 2010 and 2025, an estimated 3% units in 4+ unit buildings were built in Hillcrest/Fresh Meadows for low-income households (<=80% AMI).

If you’re viewing a borough profile and don’t see an orange dotted line, it means there is no CD with 0% low-income unit shares in that borough.

The Department of Buildings issued new building permits to 11 residential units in new buildings in Hillcrest/Fresh Meadows in 2025, 13 fewer than the number of units authorized in 2024.

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The Department of Buildings issued new certificates of occupancy to 165 residential units in new buildings in Hillcrest/Fresh Meadows in 2025, 10 more than the number of units certified in 2024.

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SUBSIDIZED HOUSING

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Indicator 2000 2006 2010 2019 2023 2024 2025
Subsidized Properties
Total number of subsidized properties (properties) 33
HUD Financing or Insurance (properties) 2
HUD Financing or Insurance (units) 0
HUD Project-based Rental Assistance Program (properties) 2
HUD Project-based Rental Assistance Program (units) 782
Low Income Housing Tax Credit (properties) 2
Low Income Housing Tax Credit (units) 466
Public Housing (properties) 2
Public Housing (units) 2,080
Public housing (% of rental units) 9.0%
Mitchell-Lama (properties) 6
Mitchell-Lama (units) 2,654
421-a Tax Exemption (properties) 46
421-a Tax Exemption (units) 1,589
420-c Tax Exemption (properties) 0
420-c Tax Exemption (units) 0
NYC Housing Production Programs and Zoning Incentives or Requirements (properties) 18
Expirations
Eligible to expire from housing programs between 2026 and 2031 (properties) 2
Eligible to expire from housing programs between 2026 and 2031 (units) 782
Eligible to expire from housing programs between 2032 and 2041 (properties) 2
Eligible to expire from housing programs between 2032 and 2041 (units) 388
Eligible to expire from housing programs in 2042 and later (properties) 3
Eligible to expire from housing programs in 2042 and later (units) 278

9.0% of the rental units were public housing rental units, as of 2025.

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Hillcrest/Fresh Meadows has 33 properties with subsidized units as of 2025 through programs like HUD assistance, Low Income Housing Tax Credits, 421a, and others. 2 properties have subsidies due to expire between 2026 and 2031, 2 properties have subsidies due to expire between 2032 and 2041, and 3 properties have subsidies expiring after 2041. For more comprehensive subsidized housing information in New York City, please visit Furman Center’s CoreData.nyc.

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NEIGHBORHOOD SERVICES AND CONDITIONS

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Indicator 2000 2006 2010 2019 2023 2024 2025
Commute
Car-free commute (% of commuters) 47.8% 47.7% 52.8% 50.9% 48.6% 43.1%
Mean travel time to work (minutes) 43.2 40.3 40.1 42.9 45.5 42.8
Crime and Incarceration
Serious crime rate (per 1,000 residents) 13.1 8.7 7.4 9.7 9.1 8.2
Serious crime rate, property (per 1,000 residents) 10.2 6.3 5.3 7.5 6.9 6.3
Serious crime rate, violent (per 1,000 residents) 2.9 2.4 2.2 2.3 2.3 1.9
Schools
Students performing at grade level in English language arts, 4th grade 61.1% 63.0% 55.6% 63.7%
Students performing at grade level in math, 4th grade 61.7% 64.8% 68.3% 69.7%

The serious crime rate, including property and violent crime types, was 8.2 serious crimes per 1,000 residents in 2025, compared to 12.3 serious crimes per 1,000 residents citywide.

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