ZIP Code 11216 — Brooklyn, New York

The median home in 11216 is valued at $1,398,400 against a median household income of $95,000, a price-to-income ratio of 14.7. 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, which means a household earning the local median income cannot finance the local median home on conventional terms. Within Kings County, 11216 ranks 30 of 38 ZIPs on affordability (1 = lowest ratio); the county median ratio is 11.8. Renting takes 27.5% of median household income (median rent $2,180 a month), under the 30% cost-burden threshold.

11216 ranks 519 of 1,572 statewide on median household income and 25 of 1,572 on median home value; its income is above the $81,827 Kings County median. 23% of households own their home, far below the 80% statewide ZIP median, so most residents rent. 56% of adults hold a bachelor's degree or higher, far above the 31% median, and the poverty rate is 15.9%, far above the 9.9% statewide ZIP median. Unemployment stands at 6.8%.

With 59,913 residents per square mile across 1 square miles of land, 11216 is far denser than the statewide ZIP median of 197 (rank 50 of 1,572). This is apartment-district density: expect multi-family housing, transit access and little single-family stock.