ZIP 11368 - 860Z200US11368 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 11368 for a home purchase, investment opportunity, or business venture, understanding the area’s demographic and housing landscape is essential. Located in a vibrant part of Queens, New York, this ZIP code offers a unique blend of diversity and density. With data from 2023, this snapshot provides a clear picture of the population, income levels, housing costs, and cultural composition. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can guide your next steps in this dynamic community.

Population & Households

ZIP 11368 is home to a substantial population of 107,060 residents, making it a densely populated area with significant activity and opportunity. This population is distributed across 29,859 households, reflecting a community with a strong residential presence. The total number of housing units stands at 31,165, indicating a tight housing market where demand may often outstrip supply. For those looking to buy or invest, this high population density suggests both a robust market and potential competition for available properties.

Income & Housing Costs

The median household income in ZIP 11368 is $71,798, which provides a solid economic foundation for many residents. However, housing costs are notably high, with a median house value of $751,700. This figure points to a premium real estate market, likely driven by the area’s proximity to urban centers and amenities in Queens. For renters, the median rent is $1,925 per month, which aligns with the elevated cost of living in this region. These numbers are critical for homebuyers assessing affordability and for investors calculating potential returns on rental properties or home sales.

Race & Ethnicity

The cultural fabric of ZIP 11368 is remarkably diverse, with a strong Hispanic presence at 74.68% of the population. This is complemented by smaller but significant shares of Asian (11.54%), Black (8.35%), and White (4.21%) residents. This diversity shapes the community’s character, influencing local businesses, cuisine, and cultural events. For small-business owners, this demographic mix offers a chance to cater to a wide range of tastes and needs, while investors and homebuyers can appreciate the vibrant, multicultural environment that defines life in this area.

Key Facts

• Total population: 107,060 residents, indicating a densely populated urban area.
• Total households: 29,859, reflecting a strong residential base.
• Total housing units: 31,165, suggesting limited availability relative to demand.
• Median household income: $71,798, supporting a moderate to high cost of living.
• Median house value: $751,700, indicative of a premium real estate market.
• Median rent: $1,925, aligning with high housing costs in the region.
• Hispanic population: 74.68%, highlighting a predominantly Hispanic community with diverse cultural influences.

What This Means for You

For homebuyers, ZIP 11368 presents a competitive market with high home values and rents. The median house value of $751,700 means you’ll need to budget carefully, but the area’s diversity and urban access could make it a worthwhile long-term investment. Real estate investors and agents should note the tight housing supply (31,165 units for 107,060 people), which could drive rental demand and property appreciation, though high entry costs require strategic planning. Small-business owners can leverage the area’s large, diverse population—especially the significant Hispanic demographic—to offer tailored products or services, from culturally specific foods to community-focused retail. Analysts will find the demographic and economic data useful for market studies or trend forecasting, particularly in understanding urban density and multicultural dynamics in Queens.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 11368? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing, and more, tailored to your needs.
• Use the insights to make informed decisions, whether you’re buying a home, investing in property, or planning a business venture.