ZIP Code 11692 — Arverne, New York

The median home in 11692 is valued at $650,000 against a median household income of $49,507, a price-to-income ratio of 13.1. 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 Queens County, 11692 ranks 59 of 60 ZIPs on affordability (1 = lowest ratio); the county median ratio is 7.8. Renting takes 30.9% of median household income (median rent $1,274 a month), above the 30% cost-burden threshold.

11692 ranks 1,473 of 1,572 statewide on median household income and 244 of 1,572 on median home value; its income is below the $89,084 Queens County median. 33% of households own their home, far below the 80% statewide ZIP median, so most residents rent. 27% of adults hold a bachelor's degree or higher, below the 31% median, and the poverty rate is 27.2%, far above the 9.9% statewide ZIP median and among the highest in the state. Unemployment stands at 9.0%.

With 23,247 residents per square mile across 1 square miles of land, 11692 is far denser than the statewide ZIP median of 197 (rank 122 of 1,572). This is apartment-district density: expect multi-family housing, transit access and little single-family stock.