ZIP Code 11229 — Brooklyn, New York

The median home in 11229 is valued at $812,200 against a median household income of $72,556, a price-to-income ratio of 11.2. 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, 11229 ranks 18 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 $1,666 a month), under the 30% cost-burden threshold.

11229 ranks 972 of 1,572 statewide on median household income and 142 of 1,572 on median home value; its income is below the $81,827 Kings County median. 47% of households own their home, below the 80% statewide ZIP median, so most residents rent. 41% of adults hold a bachelor's degree or higher, above the 31% median, and the poverty rate is 15.8%, far above the 9.9% statewide ZIP median. Unemployment stands at 5.0%.

With 39,901 residents per square mile across 2 square miles of land, 11229 is far denser than the statewide ZIP median of 197 (rank 79 of 1,572). This is apartment-district density: expect multi-family housing, transit access and little single-family stock.