ZIP Code 11218 — Brooklyn, New York

The median home in 11218 is valued at $914,300 against a median household income of $95,916, a price-to-income ratio of 9.5. 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, 11218 ranks 7 of 38 ZIPs on affordability (1 = lowest ratio); the county median ratio is 11.8. Renting takes 24.6% of median household income (median rent $1,966 a month), under the 30% cost-burden threshold.

11218 ranks 506 of 1,572 statewide on median household income and 105 of 1,572 on median home value; its income is above the $81,827 Kings County median. 38% of households own their home, far below the 80% statewide ZIP median, so most residents rent. 51% of adults hold a bachelor's degree or higher, far above the 31% median, and the poverty rate is 12.4%, above the 9.9% statewide ZIP median. Unemployment stands at 6.0%.

With 50,938 residents per square mile across 1.4 square miles of land, 11218 is far denser than the statewide ZIP median of 197 (rank 58 of 1,572). This is apartment-district density: expect multi-family housing, transit access and little single-family stock.