ZIP 11230 - 860Z200US11230 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 11230 for a home purchase, investment opportunity, or business venture, understanding the local demographics and housing landscape is essential. Located in Brooklyn, New York, this area offers a vibrant community with a mix of cultural diversity and economic potential. This snapshot, based on 2023 data, provides a clear picture of population, income, housing costs, and racial composition to help you make informed decisions. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights will guide your next steps in ZIP 11230.

Population & Households

ZIP 11230 is home to a substantial population of 88,252 residents, making it a densely populated urban area with a strong community presence. This population is distributed across 31,802 households, reflecting a mix of family units, singles, and multi-generational living arrangements. With 34,269 total housing units in the area, there’s a slight gap between available units and occupied households, which could indicate opportunities for investors or developers looking to meet housing demand. For homebuyers and businesses, this population size suggests a robust local market with potential for both residential and commercial growth.

Income & Housing Costs

The median household income in ZIP 11230 stands at $69,522, which points to a moderate earning capacity among residents. This income level supports a stable consumer base for small businesses while offering homebuyers a sense of financial diversity in the community. On the housing front, the median home value is $863,400, reflecting the high demand and premium real estate market typical of Brooklyn. For renters, the median rent is $1,734 per month, which is significant but aligns with urban living costs in the region. These figures suggest that while homeownership may require substantial investment, rental opportunities could be a viable entry point for newcomers or investors seeking steady returns.

Race & Ethnicity

ZIP 11230 boasts a diverse cultural fabric that enriches the community’s character. The racial composition includes 57.47% White, 16.56% Asian, 12.68% Hispanic, and 8.17% Black residents, among other groups. This diversity creates a dynamic environment for businesses catering to varied tastes and cultural needs, while homebuyers can expect a welcoming, multicultural neighborhood. For investors and analysts, this mix indicates a broad market appeal, with opportunities to tailor offerings to different demographic segments. Understanding this breakdown can help you anticipate community needs and preferences in ZIP 11230.

Key Facts

• Total population: 88,252 residents, indicating a sizable and active community.
• Total households: 31,802, showing a strong base of local families and individuals.
• Total housing units: 34,269, suggesting potential for growth or investment in unoccupied units.
• Median household income: $69,522, reflecting moderate economic stability.
• Median home value: $863,400, highlighting a premium real estate market.
• Median rent: $1,734, aligning with urban rental trends in Brooklyn.
• Racial diversity: Predominantly White (57.47%), with significant Asian (16.56%) and Hispanic (12.68%) populations.

What This Means for You

For homebuyers, ZIP 11230 offers a vibrant, diverse community with high home values that reflect long-term investment potential, though the $863,400 median price may require careful financial planning. Renters can find opportunities at a median cost of $1,734, which is competitive for an urban Brooklyn area. Real estate investors and agents should note the gap between housing units and households, which could signal room for development or rental income potential in this high-demand market. Small-business owners will benefit from a large, culturally diverse customer base of 88,252 residents, ideal for niche markets or services catering to varied demographics. Analysts can use these metrics to assess economic trends and forecast growth in ZIP 11230, leveraging the area’s moderate median income of $69,522 as a benchmark for consumer spending power.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 11230? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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