Is Coney Island a Good Place to Live?
Based on current data, Coney Island receives an overall livability score of 2.2 out of 5.0, earning a grade of C. Key strengths include abundant sunshine. Areas to be aware of include high housing costs, an elevated poverty rate, below-average incomes. Coney Island has some notable strengths but also faces challenges that prospective residents should consider.
Economy & Jobs
The median household income in Coney Island is $48,750, 35% below the national average of $75,149. Unemployment stands at 4.4%, indicating a healthy job market. The poverty rate of 26.3% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 26 minutes.
Cost of Living & Housing
The median home value in Coney Island is $441,700, making it a premium housing market at 57% above the U.S. median of $281,900. With a home price-to-income ratio of 9.1x, housing affordability is a significant challenge for many families.
Education
18.6% of residents hold a bachelor's degree, below the national average of 33.7%. 81.4% have completed high school. Area schools have an average test score of 5.5/10.
Climate & Weather
Coney Island enjoys a moderate climate with an average annual temperature of 57°F. Winters average 34°F in January while summers reach 78°F in July. With 257 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 43.3 inches. Air quality is rated Good with a median AQI of 41.