ZIP 11221 - 860Z200US11221 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 11221 for your next home, investment, or business venture, this demographic and housing snapshot offers a clear picture of the area in 2023. Located in Brooklyn, New York, this vibrant community is home to a diverse population and a dynamic housing market. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, understanding the key metrics of 11221 can help you make informed decisions. Let’s dive into the latest data to uncover what makes this area unique and how it might align with your goals.

Population & Households

As of 2023, ZIP code 11221 has a total population of 90,750 residents. This sizable community is spread across 36,032 households, reflecting a dense urban environment with a mix of family and individual living arrangements. The total number of housing units in the area stands at 38,690, indicating a slight surplus of available units compared to occupied households. This could suggest opportunities for renters or buyers looking to move into the area, as well as potential vacancies for investors to consider.

Income & Housing Costs

The median household income in ZIP 11221 is $85,122, which points to a relatively strong earning base for many residents. This income level can support a range of lifestyles and business customer bases in the area. However, housing costs are notably high, aligning with Brooklyn’s broader market trends. The median house value is $1,061,400, reflecting a premium real estate market that may appeal to investors seeking long-term appreciation or buyers with substantial budgets. For renters, the median rent is $2,055 per month, which indicates a competitive rental market that could impact affordability for some households or influence business decisions around employee housing.

Race & Ethnicity

ZIP code 11221 is a culturally diverse area, with a racial and ethnic composition that showcases a rich community fabric. Black residents make up the largest group at 36.94% of the population, followed by Hispanic residents at 31.85%. White residents account for 20.28%, while Asian residents represent 5.68%. This diversity can be a significant draw for businesses aiming to serve a wide customer base or for families seeking a multicultural environment. Understanding this mix can also help investors and analysts gauge community needs and market demands.

Key Facts

• Total population: 90,750 residents in 2023, indicating a robust urban community.
• Total households: 36,032, showing a dense living arrangement in ZIP 11221.
• Total housing units: 38,690, suggesting some availability for new occupants.
• Median household income: $85,122, reflecting a solid economic base for many residents.
• Median house value: $1,061,400, positioning 11221 as a high-value real estate market.
• Median rent: $2,055 per month, indicating a competitive rental landscape.
• Racial diversity: Black (36.94%), Hispanic (31.85%), White (20.28%), Asian (5.68%).

What This Means for You

For homebuyers, ZIP 11221 offers a vibrant, diverse community but comes with a steep price tag. With a median house value over $1 million, you’ll need to budget accordingly or explore financing options to make this area accessible. The rental market, with a median rent of $2,055, might be a more immediate option if buying isn’t feasible right away. For investors and real estate agents, the high property values and slight surplus of housing units could signal opportunities for appreciation or rental income, though competition and upfront costs are significant factors to weigh. Small-business owners can benefit from the area’s diversity and solid median income, which suggest a varied customer base with disposable income for goods and services—consider tailoring offerings to cultural preferences. Lastly, analysts can use this data to track urban trends, assess housing affordability, or identify market gaps in this part of Brooklyn.

Run This Study Yourself

Want to dive deeper into ZIP 11221 or explore another area? With ZipcodeGPT, you can access detailed demographic and housing insights tailored to your needs. Here’s how to get started:

• Visit ZipcodeGPT and enter the ZIP code you’re curious about.
• Review comprehensive data on population, income, housing, and more.
• Use the insights to inform your homebuying, investment, or business strategy.