ZIP 11105 - 860Z200US11105 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 11105, located in the vibrant Astoria area of Queens, New York, understanding the local demographics and housing landscape is essential. This snapshot, based on 2023 data, offers a clear picture of the population, income levels, housing costs, and cultural diversity in this dynamic neighborhood. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about living or working in this community.

Population & Households

ZIP 11105 is home to a population of 38,507 residents, making it a moderately sized urban community. These individuals are distributed across 16,068 households, reflecting a mix of family units, singles, and shared living arrangements. With 17,518 total housing units in the area, there’s a slight surplus of available homes compared to occupied households, which could indicate some vacancy or rental opportunities for prospective buyers or investors looking into this ZIP code.

Income & Housing Costs

The median household income in ZIP 11105 stands at $100,306, signaling a relatively affluent community compared to national averages. This income level supports a robust local economy, which can be a draw for businesses seeking a customer base with disposable income. On the housing front, the median home value is $1,089,000, reflecting the high demand and premium real estate market typical of urban New York neighborhoods like Astoria. For renters, the median monthly rent is $2,211, which aligns with the area’s elevated cost of living but also suggests a strong rental market for property investors.

Race & Ethnicity

ZIP 11105 boasts a diverse cultural makeup, adding to its appeal as a vibrant and inclusive community. The racial and ethnic composition includes 59.89% White residents, 22.37% Hispanic or Latino individuals, 10.38% Asian residents, and 3.34% Black or African American residents. This diversity fosters a rich social fabric, offering opportunities for cultural exchange and a variety of local businesses catering to different tastes and traditions. For small-business owners, this mix can be a key factor in identifying niche markets or community needs.

Key Facts

• Total population: 38,507 residents, indicating a sizable urban community.
• Total households: 16,068, with a mix of family and individual living arrangements.
• Total housing units: 17,518, suggesting some availability for new occupants or investors.
• Median household income: $100,306, reflecting strong earning potential in the area.
• Median home value: $1,089,000, indicative of a premium real estate market.
• Median rent: $2,211 per month, highlighting a competitive rental landscape.
• Diverse demographics: 59.89% White, 22.37% Hispanic, 10.38% Asian, and 3.34% Black.

What This Means for You

For homebuyers, ZIP 11105 offers a chance to join a thriving, diverse community, though the high median home value of $1,089,000 means you’ll need to budget for a significant investment. The strong median income of $100,306 suggests a stable neighborhood with employed residents, which can contribute to long-term property value growth. Real estate investors and agents will find potential in both the rental market, with median rents at $2,211, and the slight surplus of housing units, which may offer opportunities for flipping or leasing properties. Small-business owners can leverage the area’s diversity and income levels to target specific customer segments, whether through cultural offerings or premium services. Analysts can use this data as a benchmark to compare with other ZIP codes or track trends in urban housing and demographics over time.

Run This Study Yourself

• Curious about another ZIP code or want to dive deeper into ZIP 11105? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code of interest to access up-to-date metrics on population, income, housing, and more, tailored to your needs.
• Use the insights to make data-driven decisions for your next home purchase, investment, or business venture with confidence.