ZIP 11208 - 860Z200US11208 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 11208 for your next home, investment, or business venture, understanding the area’s demographics and housing landscape is essential. Located in Brooklyn, New York, this ZIP code offers a diverse community and a dynamic housing market. This 2023 snapshot provides a clear, data-driven look at population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions.

Population & Households

ZIP 11208 is home to a substantial population of 106,901 residents as of 2023. This sizable community is distributed across 34,486 households, reflecting a dense urban environment. With 37,261 total housing units in the area, there’s a mix of occupied and vacant properties, which could signal opportunities for buyers or investors looking to enter the market. The ratio of households to population suggests an average household size of roughly 3.1 people, indicating a prevalence of family-oriented or multi-person living arrangements.

Income & Housing Costs

The median household income in ZIP 11208 stands at $59,988 annually, offering insight into the economic profile of the area. This figure can help potential residents gauge affordability and lifestyle compatibility while assisting businesses in understanding local purchasing power. On the housing front, the median house value is $638,200, reflecting the high demand and competitive real estate market typical of Brooklyn. For renters, the median rent is $1,563 per month, which aligns with the area’s urban setting but may pose challenges for those on tighter budgets. These metrics highlight the need for careful financial planning for anyone considering a move or investment in this ZIP code.

Race & Ethnicity

ZIP 11208 boasts a richly diverse population, with racial and ethnic composition providing a window into the cultural fabric of the community. Black residents make up the largest group at 42.25%, followed closely by Hispanic residents at 39.29%. Asian individuals account for 10.48% of the population, while White residents represent just 2.54%. This diversity shapes the area’s social dynamics, offering a vibrant mix of perspectives and traditions that can appeal to residents and businesses seeking an inclusive environment.

Key Facts

• Total population: 106,901 residents, making ZIP 11208 a densely populated urban area.
• Total households: 34,486, with an average household size of about 3.1 people.
• Total housing units: 37,261, indicating potential availability for new occupants or investors.
• Median household income: $59,988, reflecting moderate earning capacity in the community.
• Median house value: $638,200, showcasing a competitive real estate market.
• Median rent: $1,563 per month, a key consideration for renters assessing affordability.
• Racial diversity: Predominantly Black (42.25%) and Hispanic (39.29%), with smaller Asian (10.48%) and White (2.54%) populations.

What This Means for You

For homebuyers, ZIP 11208 offers a vibrant, diverse community but comes with a high median house value of $638,200. Ensure your budget aligns with this price point, and consider the area’s cultural richness as a long-term benefit for family living. Real estate investors and agents should note the gap between total housing units (37,261) and households (34,486), which may point to vacant properties or development potential in this competitive market. The median rent of $1,563 also suggests steady rental demand, ideal for buy-to-rent strategies. Small-business owners can leverage the area’s population of over 106,000 and median income of $59,988 to tailor products or services to a diverse, urban customer base with moderate spending power. Analysts can use these metrics to benchmark ZIP 11208 against neighboring areas, identifying trends in housing affordability or demographic shifts.

Run This Study Yourself

• Curious about another ZIP code or want to dive deeper into ZIP 11208? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
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