ZIP Code 11224 — Brooklyn, New York

The median home in 11224 is valued at $512,900 against a median household income of $41,449, a price-to-income ratio of 12.4. 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, 11224 ranks 22 of 38 ZIPs on affordability (1 = lowest ratio); the county median ratio is 11.8. Renting takes 26.2% of median household income (median rent $905 a month), under the 30% cost-burden threshold.

11224 ranks 1,525 of 1,572 statewide on median household income and 357 of 1,572 on median home value; its income is below the $81,827 Kings County median. 28% of households own their home, far below the 80% statewide ZIP median, so most residents rent. 34% of adults hold a bachelor's degree or higher, above the 31% median, and the poverty rate is 28.2%, far above the 9.9% statewide ZIP median and among the highest in the state. Unemployment stands at 13.2%.

With 30,293 residents per square mile across 1.6 square miles of land, 11224 is far denser than the statewide ZIP median of 197 (rank 102 of 1,572). This is apartment-district density: expect multi-family housing, transit access and little single-family stock.