ZIP 11206 - 860Z200US11206 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 11206 for a home purchase, real estate investment, or business opportunity, understanding the area’s demographic and housing landscape is essential. Located in Brooklyn, New York, this vibrant area offers a diverse community and a dynamic housing market. This snapshot, based on 2023 data, provides a clear picture of population trends, income levels, housing costs, and racial composition to help you make informed decisions. Whether you’re a homebuyer, investor, small-business owner, or analyst, these insights will guide your next steps in ZIP 11206.

Population & Households

ZIP 11206 is home to a substantial population of 89,231 residents as of 2023, making it a densely populated urban area with significant activity and opportunity. This population is distributed across 33,696 households, reflecting a community with a mix of family structures and living arrangements. The total number of housing units in the area stands at 34,838, indicating a slight surplus of units over households, which could suggest some availability for new residents or investors looking to enter the market.

Income & Housing Costs

The median household income in ZIP 11206 is $57,280, which provides a benchmark for understanding the economic profile of the area. This income level suggests a community with moderate earning power, potentially appealing to small businesses targeting middle-income consumers. On the housing front, the median house value is a striking $822,100, reflecting the high demand and competitive real estate market typical of Brooklyn. For renters, the median rent is $1,558 per month, which is significant but aligns with urban living costs in this region. These figures highlight the financial commitment required to live or invest in ZIP 11206, making it crucial to weigh affordability against potential returns.

Race & Ethnicity

ZIP 11206 boasts a richly diverse population, with a racial and ethnic composition that underscores its cultural vibrancy. White residents make up 36.54% of the population, closely followed by Hispanic or Latino residents at 36.38%, indicating a near-even split between these two groups. Black or African American residents account for 17.51%, while Asian residents comprise 6.55%. This diversity creates a multicultural environment that can be a draw for businesses seeking a broad customer base and for families or individuals looking for an inclusive community to call home.

Key Facts

• Total population in ZIP 11206: 89,231 (2023).
• Total households: 33,696, supporting a mix of family and individual living arrangements.
• Total housing units: 34,838, suggesting limited but present availability.
• Median household income: $57,280, reflecting moderate earning capacity.
• Median house value: $822,100, indicative of a competitive real estate market.
• Median rent: $1,558, aligning with urban rental costs in Brooklyn.
• Racial diversity: White (36.54%), Hispanic (36.38%), Black (17.51%), Asian (6.55%).

What This Means for You

For homebuyers, ZIP 11206 presents a high-cost but potentially rewarding opportunity. The median house value of $822,100 signals a strong investment, though it requires significant financial planning. The diverse community and urban setting could be ideal if you’re seeking a lively, multicultural neighborhood. Investors and real estate agents should note the slight surplus of housing units (34,838 vs. 33,696 households), which may offer openings for rentals or flips, though the high median value suggests a need for substantial capital. Small-business owners can leverage the area’s diversity and population density of 89,231 to target a wide customer base, especially with a median income of $57,280 indicating reasonable purchasing power. Analysts will find the balanced racial composition and economic metrics useful for market studies or trend forecasting in this Brooklyn ZIP code.

Run This Study Yourself

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