As of 2017, the median household income in Community Board 7 was $51,284. In 2018, an estimated 25% of College Point and Flushing residents lived in poverty, compared to 19% in all of Queens and 20% in all of New York City. One in seventeen residents (6%) were unemployed, compared to 8% in Queens and 9% in New York City. Rent burden, or the percentage of residents who have difficulty paying their rent, is 57% in College Point and Flushing, lower than the boroughwide and citywide rates of 53% and 51% respectively. Based on this calculation, , College Point and Flushing are considered to be high-income relative to the rest of the city and not gentrifying.