ZIP 11235 - 860Z200US11235 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 11235, located in the heart of Brooklyn, New York, understanding the local demographics and housing landscape is essential. This snapshot, based on 2023 data, provides a clear picture of the population, income levels, housing costs, and cultural diversity in this vibrant area. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions tailored to your goals.

Population & Households

ZIP 11235 is home to a substantial population of 81,958 residents, making it a bustling and dynamic community. These individuals are distributed across 35,333 households, reflecting a mix of family units, singles, and shared living arrangements. With 37,188 total housing units in the area, there’s a slight surplus of properties compared to occupied households, which could indicate opportunities for buyers or investors looking for available homes or rental units.

Income & Housing Costs

The median household income in ZIP 11235 stands at $61,689, offering a glimpse into the economic profile of the area. This figure suggests a moderate income level, which may appeal to businesses targeting middle-income consumers or families seeking affordable living options within Brooklyn. Housing costs, however, reflect the premium nature of the New York market. The median house value is $723,900, indicating a significant investment for potential homebuyers. For renters, the median monthly rent is $1,649, which aligns with the higher cost of living in this urban setting. These numbers are critical for assessing affordability and potential returns on real estate investments.

Race & Ethnicity

The cultural fabric of ZIP 11235 is diverse, with a racial and ethnic composition that shapes the community’s character. White residents make up the majority at 67.49%, followed by Asian residents at 14.67%. Hispanic individuals account for 8.67% of the population, while Black residents represent 2.75%. This mix contributes to a multicultural environment, which can be a draw for businesses catering to varied customer bases or families seeking inclusive neighborhoods with diverse perspectives and amenities.

Key Facts

• Total population: 81,958 residents, indicating a sizable and active community.
• Total households: 35,333, reflecting a strong base of local consumers and families.
• Total housing units: 37,188, suggesting potential availability for new occupants or investors.
• Median household income: $61,689, pointing to a moderate economic profile.
• Median house value: $723,900, highlighting the high cost of homeownership in this area.
• Median rent: $1,649 per month, indicative of the rental market’s pricing in Brooklyn.
• 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 offers a vibrant community with a diverse cultural backdrop, but the high median house value of $723,900 means you’ll need to budget for a significant investment. The slight surplus of housing units could provide some negotiation leverage if inventory remains available. For investors and real estate agents, the combination of a sizable population and moderate income levels suggests demand for both rental and purchase properties, though high property values require careful financial planning to ensure returns. The median rent of $1,649 also points to a steady rental market for potential landlords. For small-business owners, the diverse population of over 81,000 and the middle-income demographic present opportunities to cater to a wide range of needs, from everyday services to niche cultural offerings. Finally, analysts can use these metrics to benchmark ZIP 11235 against other Brooklyn areas, identifying trends in housing affordability and demographic shifts.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 11235? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date statistics on population, income, housing costs, and more, tailored to your specific interests.
• Use the insights to make data-driven decisions, whether you’re buying a home, investing, or planning a business venture in any area.