ZIP 11229 - 860Z200US11229 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 11229 for your next home, investment, or business venture, understanding the area’s demographic and housing landscape is essential. Located in Brooklyn, New York, this ZIP code offers a vibrant community with a mix of cultural diversity and economic opportunity. This snapshot, based on 2023 data, breaks down key metrics like population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into the numbers and uncover what makes 11229 unique.

Population & Households

ZIP 11229 is home to a substantial population of 79,802 residents, making it a densely populated urban area with a strong community presence. These individuals are distributed across 30,924 households, reflecting a mix of family units, singles, and multi-generational living arrangements. With 33,353 total housing units in the area, there’s a slight surplus of properties over households, which could indicate some availability for new residents or investors looking to enter the market. This balance suggests a stable residential base, ideal for those seeking a lively yet established neighborhood.

Income & Housing Costs

The median household income in ZIP 11229 stands at $72,556, positioning it as a middle-to-upper income area within the broader Brooklyn context. This income level supports a comfortable lifestyle for many residents, though housing costs reflect the premium nature of the New York real estate market. The median house value is $812,200, indicating a significant investment for potential homebuyers or real estate professionals. For renters, the median rent is $1,666 per month, which aligns with the area’s income levels but may require careful budgeting for some households. These figures highlight the financial commitment needed to live in or invest in 11229, balanced by the potential for long-term value appreciation.

Race & Ethnicity

ZIP 11229 boasts a diverse community, with a racial and ethnic composition that reflects Brooklyn’s cultural mosaic. The population is predominantly White at 58.54%, followed by a significant Asian presence at 22.21%. Black residents make up 6.1% of the population, while 9.1% identify as Hispanic. This diversity fosters a rich cultural environment, offering unique opportunities for businesses catering to varied tastes and traditions, as well as a welcoming atmosphere for families and individuals from different backgrounds. Understanding this mix can help stakeholders tailor their strategies, whether for community engagement or market positioning.

Key Facts

• Total population: 79,802 residents, indicating a robust urban community.
• Total households: 30,924, showing a strong residential base.
• Total housing units: 33,353, suggesting some availability for new occupants.
• Median household income: $72,556, reflecting a solid economic foundation.
• Median house value: $812,200, a significant investment in a premium market.
• Median rent: $1,666, aligning with income levels but requiring financial planning.
• Racial diversity: 58.54% White, 22.21% Asian, 6.1% Black, 9.1% Hispanic, offering cultural richness.

What This Means for You

For homebuyers, ZIP 11229 presents a high-value market with a median home price of $812,200. While the cost is substantial, the area’s diversity, population density, and income levels suggest a stable, desirable neighborhood with potential for long-term growth. Ensure your budget aligns with these figures, and consider the cultural vibrancy as a lifestyle benefit.

For investors and real estate agents, the slight surplus of housing units (33,353 vs. 30,924 households) hints at opportunities for rentals or flips, though the high median value means you’ll need significant capital or financing. The $1,666 median rent indicates a strong rental market for income properties, especially given the area’s economic stability.

For small-business owners, the diverse population of 79,802 offers a broad customer base. Tailor your offerings to appeal to varied cultural groups—think niche food markets, multilingual services, or community-focused events. The median income of $72,556 suggests residents have disposable income for local goods and services.

For analysts, these metrics provide a clear picture of a well-rounded urban ZIP code. Use this data to benchmark against other Brooklyn areas or to identify trends in housing demand and demographic shifts.

Run This Study Yourself

• Curious about other ZIP codes or want deeper insights into 11229? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
• Enter any ZIP code to access up-to-date demographic, income, and housing data tailored to your needs.
• Use the insights to make informed decisions for your home purchase, investment, or business strategy.