ZIP 11235 - 860Z200US11235 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 11235, located in Brooklyn, New York, this demographic and housing snapshot offers a clear picture of the area in 2023. With a sizable population, diverse community, and notable housing costs, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the key metrics to help you make informed decisions about living or working in 11235.

Population & Households

ZIP 11235 is home to a robust population of 81,958 residents, making it a densely populated urban area with a vibrant community. This population is distributed across 35,333 households, indicating a mix of family and individual living arrangements. The total number of housing units stands at 37,188, suggesting a slight surplus of available homes compared to occupied households. For those looking to settle or invest here, this could mean potential availability, though competition in such a populated area remains a factor.

Income & Housing Costs

The median household income in ZIP 11235 is $61,689, reflecting a moderate earning capacity for residents. This income level is an important benchmark for small-business owners gauging local purchasing power or for homebuyers assessing affordability. On the housing front, the median home value is a striking $723,900, pointing to a high-cost real estate market typical of Brooklyn. Meanwhile, the median rent is $1,649 per month, which may appeal to renters seeking alternatives to homeownership in this pricey area. These figures highlight the financial commitment required to live or invest in 11235.

Race & Ethnicity

The demographic makeup of ZIP 11235 showcases a diverse yet predominantly white population, with 67.49% identifying as white. Asian residents make up 14.67% of the population, while Hispanic or Latino individuals account for 8.67%. Black residents represent a smaller share at 2.75%. This diversity can be a draw for businesses aiming to serve varied cultural needs or for families seeking a multicultural environment. Understanding this composition helps stakeholders anticipate community dynamics and tailor their strategies accordingly.

Key Facts

• Total population: 81,958 residents, indicating a lively and active urban area.
• Total households: 35,333, reflecting a mix of family and solo living setups.
• Total housing units: 37,188, suggesting some availability for new residents or investors.
• Median household income: $61,689, a useful gauge of local economic strength.
• Median home value: $723,900, highlighting a premium real estate market.
• Median rent: $1,649, offering insight into rental affordability.
• Racial diversity: Predominantly white (67.49%), with notable Asian (14.67%) and Hispanic (8.67%) populations.

What This Means for You

For homebuyers, ZIP 11235 presents a high-cost housing market with a median home value of $723,900. Ensure your budget aligns with this reality, and consider the slight surplus of housing units as a potential opportunity to negotiate. Renters might find the median rent of $1,649 manageable compared to buying, especially if you’re testing the area before committing long-term.

For investors and real estate agents, the high median home value signals strong demand and potential for appreciation in 11235, though the upfront investment is significant. The population density and household count suggest a steady rental market, which could yield consistent returns if you target the right properties.

For small-business owners, the moderate median income of $61,689 indicates a community with disposable income, but not unlimited spending power. Tailor your offerings to meet the needs of a diverse population, particularly the sizable white and Asian demographics, while considering cultural nuances to build a loyal customer base.

For analysts, these metrics provide a foundation for deeper research into economic trends, housing turnover, or community growth in 11235. The diversity and population size also offer rich data for market segmentation studies.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 11235? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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