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 what to expect. Located in Brooklyn, New York, this area is a dynamic urban hub with a diverse population and a robust housing market. Whether you’re a homebuyer, real estate investor, small-business owner, or data analyst, understanding the key metrics of 11221 can help you make informed decisions. Let’s dive into the latest 2023 data to uncover the opportunities and challenges in this vibrant community.

Population & Households

ZIP code 11221 is home to a substantial population of 90,750 residents, making it a densely populated urban area with a lively community atmosphere. This population is spread across 36,032 households, indicating a mix of family and individual living arrangements. With 38,690 total housing units in the area, there’s a slight gap between available units and occupied households, which could point to opportunities for investors or developers looking at vacancy rates or potential rental demand.

Income & Housing Costs

The median household income in ZIP 11221 stands at $85,122, reflecting a solid economic base for many residents. This income level supports a range of lifestyles and spending capacities, which is valuable information for small-business owners assessing local purchasing power. On the housing front, the median home value is a striking $1,061,400, indicative of a high-demand real estate market where property values have appreciated significantly. For renters, the median rent is $2,055 per month, which aligns with the area’s urban setting and proximity to desirable amenities. These figures suggest that while homeownership may be a significant investment, rental options also come at a premium.

Race & Ethnicity

ZIP 11221 boasts a rich cultural tapestry, with a diverse racial and ethnic composition that shapes its community identity. The population breakdown shows Black residents as the largest group at 36.94%, followed by Hispanic residents at 31.85%. White residents make up 20.28% of the population, while Asian residents account for 5.68%. This diversity fosters a multicultural environment, offering unique opportunities for businesses catering to varied cultural needs and preferences, as well as creating a vibrant social fabric for residents.

Key Facts

• Total population: 90,750 residents, reflecting a bustling urban community.
• Total households: 36,032, indicating a mix of family and solo living.
• Total housing units: 38,690, with potential for addressing occupancy gaps.
• Median household income: $85,122, supporting moderate to strong local spending power.
• Median home value: $1,061,400, signaling a high-value real estate market.
• Median rent: $2,055, consistent with urban rental trends.
• Diverse demographics: 36.94% Black, 31.85% Hispanic, 20.28% White, 5.68% Asian.

What This Means for You

For homebuyers, ZIP 11221 presents a high-cost but potentially rewarding market. With median home values over $1 million, purchasing here is a significant investment, likely best suited for those with substantial budgets or seeking long-term appreciation in a culturally rich area. Be prepared for competitive bidding and consider working with a local agent familiar with Brooklyn’s nuances.

For investors and real estate agents, the slight surplus of housing units (38,690) compared to households (36,032) could indicate opportunities for rental properties or renovations. The high median rent of $2,055 suggests strong demand for quality rentals, while the elevated home values point to potential flips or long-term holds in a appreciating market.

For small-business owners, the diverse population of 90,750 and a median income of $85,122 signal a market with varied needs and solid purchasing power. Tailoring offerings to the cultural diversity—particularly to the large Black and Hispanic communities—could help carve out a loyal customer base in this urban setting.

For analysts, these metrics provide a foundation for deeper studies into housing trends, economic disparities, or community development needs in 11221. The data highlights both opportunities and challenges in balancing growth with affordability.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 11221? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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