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NY area data

Governors Island, NY

Governors Island, NY.

Population: 3,711 (Census ACS)

The typical home value in Governors Island, NY is $1.21M — up 6.0% over the past year. Homes sell for a median $1.21M after a median 94 days on market. Typical rent runs $5,000/month. 7 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively High, with inland flooding, strong wind, winter weather the top-rated hazards. Cost of living is 7.9% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$1.21M

Typical home value

+6.0%

1-year change

94

Median days on market

Relatively High

Hazard risk (county)

Home values & appreciation

Typical home value
$1.21M
1-year appreciation
+6.0%
3-year appreciation
+8.6%
5-year appreciation
-6.4%
10-year appreciation
-27.7%
Peak value since 2000 (Aug 2017)
$1.76M
House Price Index (state)
437.3 (+3.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$1.21M
Median list price
$1.38M
Median price per sqft
$1,175
1-year sale-price change
+33.1%
Median days on market
94 days
Homes sold (recent period)
20
For-sale inventory
56
Sale-to-list ratio
97.6%
Active listings
34
1-year forecast
+1.4%
New listings (monthly)
11

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$5,000/mo
1-year rent change
+7.0%
Studio fair-market rent
$2,593/mo
1BR fair-market rent
$2,729/mo
2BR fair-market rent
$2,971/mo
3BR fair-market rent
$3,760/mo
4BR fair-market rent
$4,121/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
107.9 (100 = US avg)
Electricity rate (state-level)
26.4¢/kWh
Natural gas rate (state-level)
$17.60/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
7
Elementary schools
0
Middle schools
2
High schools
5
Charter schools
2
Avg student-teacher ratio
12.9 : 1
School districts serving the area
JOHN V LINDSAY WILDCAT ACADEMY CHARTER SCHOOL, NEW YORK CITY GEOGRAPHIC DISTRICT # 2, NEW YORK CITY CHARTER SCHOOL OF THE ARTS
Schools include
JOHN V LINDSAY WILDCAT ACADEMY CHARTER SCHOOL, RICHARD R GREEN HIGH SCHOOL OF TEACHING, MILLENNIUM HIGH SCHOOL, URBAN ASSEMBLY NEW YORK HARBOR SCHOOL, URBAN ASSEMBLY SCHOOL OF BUSINESS FOR YOUNG WOMEN

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively High
Top hazards (county)
inland flooding, strong wind, winter weather, cold wave, heat wave
Notable hazard ratings (county)
strong wind: Very High · winter weather: Very High · inland flooding: Very High · cold wave: Relatively High · heat wave: Relatively High · ice storm: Relatively High
Most common flood zone among NFIP claims
Zone AE
NFIP flood claims on record
53
Wildfire risk to homes (county)
Higher than 15% of US counties
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
3
Nearest Superfund site
Gowanus Canal (1.7 mi)
Flood zones vary by property. Look up a specific address on the FEMA Flood Map Service Center.
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
56.0°F
Average high
64.0°F
Average low
47.0°F
Annual precipitation
49.6 in
Annual snowfall
8.8 in
USDA plant hardiness zone
7b (extreme annual low 5 to 10°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
50
Days with Good air quality
183
Days with Moderate air quality
176
Highest AQI recorded (year)
136

Source: EPA annual air quality index (county-level)

Walkability & transit

Walkability index
18.0 / 20
Transit service frequency
178
Jobs reachable by car (30 min)
847,032
Jobs reachable by transit (45 min)
514,136

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
22
Nearest national park
Governors Island National Monument (0 mi)
National parks include
Governors Island National Monument, Castle Clinton National Monument, Federal Hall National Memorial
Airports within 30 mi
10
Nearest airport
Newark Liberty International Airport (EWR) (8 mi)
Nearest major airport
Newark Liberty International Airport (EWR) (8 mi)
Hospitals in or near this ZIP
130
Hospitals include
GREENWICH HOSPITAL ASSOCIATION -, NORWALK HOSPITAL, SILVER HILL HOSPITAL INC
Avg hospital rating (CMS)
3.1 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
-973 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1938
Housing built before 1970
63.6%
Housing built 2000 or later
28.6%
Median annual property tax
$10,001
Mean commute to work
19 min
Households with broadband internet
96.2%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
2,255,764
Average weekly wage
$3,540
Top industries (by employment)
Professional Services, Finance & Insurance, Health Care
Annual residential building permits (county)
2,984

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

Governors IslandState medianUS median
Typical home value$1.21M$332,107$288,527
Median sale price$1.21M$363,950$325,000
Median days on market94 days55 days51 days
Typical rent$5,000/mo$2,700/mo$1,809/mo
Median annual property tax$10,001$4,500$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in Governors Island, NY?
$1.21M.
What is the median sale price in Governors Island, NY?
$1.21M.
How long do homes take to sell in Governors Island, NY?
Median days on market: 94 days.
What is typical rent in Governors Island, NY?
Typical rent: $5,000/month.
What is the natural-hazard risk in Governors Island, NY?
Overall risk: Relatively High (FEMA NRI, county-level). Top hazards: inland flooding, strong wind, winter weather, cold wave, heat wave.
Is Governors Island, NY in a flood zone?
Flood zones vary by property within Governors Island, NY. 53 FEMA flood-insurance (NFIP) claims are on record; the most common zone among them is AE. Check a specific address on the FEMA Flood Map Service Center.
What is the wildfire risk in Governors Island, NY?
Risk to homes is higher than 15% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Governors Island, NY?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Governors Island, NY?
3 current or proposed National Priorities List sites within 5 miles (EPA). Nearest site: Gowanus Canal, 1.7 mi.
How many schools serve Governors Island, NY?
7 schools (2 middle, 5 high) (NCES, 2024-25).
Is Governors Island, NY walkable?
Walkability index: 18.0/20 (EPA Smart Location Database).
What is the air quality in Governors Island, NY?
Good. Median AQI: 50. (EPA AQI).
What is the cost of living in Governors Island, NY?
Regional Price Parity: 107.9 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

ZIP code for Governors Island

Listing a home in Governors Island, NY?

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents