ZIP 11204 - 860Z200US11204 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP 11204 for a home purchase, investment opportunity, or business venture, understanding the area’s demographic and housing landscape is essential. Located in Brooklyn, New York, this ZIP code offers a diverse community and a dynamic real estate market. Using the latest 2023 data, this snapshot provides a clear picture of population trends, income levels, housing costs, and ethnic composition. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about opportunities in 11204.

Population & Households

ZIP 11204 is home to a substantial population of 81,368 residents as of 2023. This sizable community is distributed across 25,306 households, reflecting a dense urban environment typical of Brooklyn. The total number of housing units in the area stands at 27,498, indicating a slight surplus of units compared to occupied households. This could suggest opportunities for potential renters or buyers, though availability may vary based on market conditions. For investors and business owners, the large population base offers a robust customer pool and a vibrant local economy to tap into.

Income & Housing Costs

The median household income in ZIP 11204 is $67,588, which provides a solid economic foundation for many residents. However, housing costs in this area are notably high, aligning with broader trends in New York City. The median house value is $1,097,200, reflecting the premium placed on real estate in Brooklyn. For renters, the median monthly rent is $1,751, which may be a significant portion of income for some households. These figures highlight the importance of financial planning for prospective buyers or renters, as well as the potential for strong returns for real estate investors willing to navigate this competitive market.

Race & Ethnicity

The demographic makeup of ZIP 11204 is diverse, offering a multicultural environment that can appeal to a wide range of residents and businesses. White residents make up 53.11% of the population, followed by Asian residents at 29.0%. Hispanic or Latino individuals account for 13.03%, while Black residents represent 0.84%. This ethnic diversity shapes the cultural fabric of the area, influencing local businesses, community events, and social dynamics. For small-business owners, this mix presents opportunities to cater to varied customer preferences and needs, while homebuyers may appreciate the inclusive community atmosphere.

Key Facts

• Total population in ZIP 11204: 81,368 residents.
• Total households: 25,306, indicating a dense living environment.
• Total housing units: 27,498, with some units potentially available for occupancy.
• Median household income: $67,588, supporting a moderate to high cost of living.
• Median house value: $1,097,200, reflecting a premium real estate market.
• Median rent: $1,751 per month, a significant expense for renters.
• Racial composition: 53.11% White, 29.0% Asian, 13.03% Hispanic, 0.84% Black.

What This Means for You

For homebuyers, ZIP 11204 offers a vibrant, diverse community, but the high median house value of over $1 million means you’ll need to budget carefully or explore financing options. Renters should note the median rent of $1,751, which may require a significant portion of income, so consider negotiating lease terms or seeking shared housing to offset costs. Real estate investors and agents will find a competitive market with strong property values, suggesting potential for appreciation, though the high entry cost may limit short-term flips. Small-business owners can leverage the large, diverse population of over 81,000 to target niche markets or offer culturally relevant products and services. Analysts studying urban trends will appreciate the rich demographic data, which highlights Brooklyn’s evolving economic and cultural landscape. Across all groups, understanding these metrics can guide smarter, more strategic decisions in 11204.

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