ZIP Code 11203 — Brooklyn, New York

The median home in 11203 is valued at $677,700 against a median household income of $68,028, a price-to-income ratio of 10.0. That is far above the 2.9 median across the 1,572 New York ZIP codes with published housing data, and well past the 3.0 ratio that marks an attainable market nationally, so buying here on a local median income requires substantial savings or a second income. Within Kings County, 11203 ranks 10 of 38 ZIPs on affordability (1 = lowest ratio); the county median ratio is 11.8. Renting takes 27.6% of median household income (median rent $1,566 a month), under the 30% cost-burden threshold.

11203 ranks 1,085 of 1,572 statewide on median household income and 212 of 1,572 on median home value; its income is below the $81,827 Kings County median. 39% of households own their home, far below the 80% statewide ZIP median, so most residents rent. 26% of adults hold a bachelor's degree or higher, below the 31% median, and the poverty rate is 16.0%, far above the 9.9% statewide ZIP median. Unemployment stands at 8.0%.

With 36,597 residents per square mile across 2.1 square miles of land, 11203 is far denser than the statewide ZIP median of 197 (rank 89 of 1,572). This is apartment-district density: expect multi-family housing, transit access and little single-family stock.