ZIP 11213 - 860Z200US11213 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 11213, located in the heart of Brooklyn, New York, understanding the area’s demographic and housing landscape is essential. This snapshot, based on 2023 data, offers a clear view of the population, income levels, housing costs, and cultural diversity in this vibrant community. Whether you’re a homebuyer, real estate investor, agent, small-business owner, or analyst, these insights will help you make informed decisions about living or working in this dynamic neighborhood.

Population & Households

ZIP 11213 is home to a substantial population of 69,630 residents, making it a densely populated urban area with a lively community feel. These residents are distributed across 27,060 households, reflecting a mix of family units, singles, and shared living arrangements. With 29,186 total housing units in the area, there’s a slight gap between available homes and occupied households, which could indicate opportunities for investors or challenges for renters seeking vacant units. This balance of population and housing density underscores the area’s appeal as a bustling, active neighborhood.

Income & Housing Costs

The median household income in ZIP 11213 stands at $62,040, which provides a solid economic foundation for many residents. However, this figure also highlights the need for careful budgeting, especially given the area’s high housing costs. The median house value is an impressive $1,184,400, reflecting Brooklyn’s competitive real estate market and the premium placed on property in this location. For renters, the median rent is $1,607 per month, which may be a significant portion of income for some households. These numbers suggest that while the area offers economic opportunity, affordability could be a concern for certain buyers or tenants.

Race & Ethnicity

ZIP 11213 boasts a rich cultural tapestry, with a diverse population that shapes the community’s character. The racial composition includes 56.26% Black residents, making this the predominant demographic group, followed by 22.56% White residents, 13.11% Hispanic or Latino individuals, and 1.69% Asian residents. This diversity fosters a multicultural environment, evident in the area’s food, businesses, and community events. For those looking to engage with or serve a varied customer base or neighborhood, this mix offers unique opportunities to connect across cultures.

Key Facts

• Total population: 69,630 residents, indicating a sizable and active community.
• Total households: 27,060, showing a strong base of local families and individuals.
• Total housing units: 29,186, with a small surplus over occupied households.
• Median household income: $62,040, reflecting moderate earning power.
• Median house value: $1,184,400, highlighting a high-demand real estate market.
• Median rent: $1,607, a notable cost for renters in the area.
• Diverse demographics: 56.26% Black, 22.56% White, 13.11% Hispanic, 1.69% Asian.

What This Means for You

For homebuyers, ZIP 11213 presents a high-value but expensive housing market with median home prices over $1.18 million. This suggests that purchasing here is a long-term investment, ideal for those with substantial budgets or seeking appreciation in a sought-after Brooklyn locale. Renters should prepare for monthly costs around $1,607, which may require careful financial planning given the median income of $62,040.

Real estate investors and agents will find potential in the slight surplus of housing units (29,186 total vs. 27,060 households), which could signal opportunities for flipping properties or filling vacancies. However, the high median home value means a significant upfront investment, so targeting specific niches or renovation projects might yield the best returns.

Small-business owners can leverage the area’s diversity and population density. With nearly 70,000 residents and a culturally varied community, there’s a broad customer base for businesses offering tailored products or services—think ethnic cuisine, cultural goods, or community-focused services. The moderate median income suggests pricing strategies should balance affordability with profitability.

Analysts can use these metrics to benchmark ZIP 11213 against other Brooklyn areas, focusing on trends in housing costs, income disparities, or demographic shifts to predict future growth or challenges.

Run This Study Yourself

• Curious about diving deeper into ZIP 11213 or comparing it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access up-to-date population, housing, and income insights tailored to your needs.
• Use the detailed reports to inform your next home purchase, investment decision, or business strategy with confidence.