ZIP 11377 - 860Z200US11377 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 11377 for your next home, investment, or business venture, understanding the area’s demographics and housing landscape is essential. Located in Queens, New York, this vibrant area offers a diverse community and a dynamic real estate market. This snapshot, based on 2023 data, provides a clear picture of population trends, income levels, 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 11377.

Population & Households

ZIP 11377 is home to a substantial population of 83,545 residents, making it a bustling and densely populated area within Queens. This population is distributed across 33,371 households, reflecting a community with a strong residential presence. The total number of housing units stands at 34,928, indicating a slight surplus of available homes compared to occupied households. This balance suggests opportunities for both homebuyers looking for a place to settle and investors seeking rental properties in a high-demand area.

Income & Housing Costs

The median household income in ZIP 11377 is $73,292, which points to a relatively stable economic base for many residents. This income level supports a housing market where the median house value reaches $670,300—a significant investment reflecting the area’s desirability and proximity to New York City’s core. For renters, the median rent is $1,802 per month, which aligns with the higher cost of living in urban Queens. These figures highlight the financial commitment required to live in this area, but they also underscore the potential for strong returns on real estate investments.

Race & Ethnicity

ZIP 11377 stands out for its rich cultural diversity, a hallmark of many Queens neighborhoods. The racial and ethnic composition includes Hispanic residents as the largest group at 39.69%, followed closely by Asian residents at 36.04%. White residents make up 19.67% of the population, while Black residents account for 1.86%. This diverse makeup creates a vibrant community with a blend of cultural influences, making it an attractive location for businesses catering to varied demographics and families seeking an inclusive environment.

Key Facts

• Total population: 83,545 residents, indicating a densely populated urban area.
• Total households: 33,371, showing a strong residential community.
• Total housing units: 34,928, suggesting some availability for new occupants or investors.
• Median household income: $73,292, reflecting a solid economic foundation.
• Median house value: $670,300, highlighting a high-value real estate market.
• Median rent: $1,802, indicative of the area’s urban cost of living.
• Racial diversity: Hispanic (39.69%), Asian (36.04%), White (19.67%), Black (1.86%).

What This Means for You

For homebuyers, ZIP 11377 offers a diverse and lively community, but the median house value of $670,300 means you’ll need to plan for a significant investment. The cultural richness and proximity to Manhattan could make it worth the cost if you value urban connectivity and diversity. Real estate investors and agents will find potential in the slight surplus of housing units (34,928 vs. 33,371 households), which could translate to rental or resale opportunities, especially given the high median rent of $1,802. The area’s population density and income levels suggest consistent demand. For small-business owners, the diverse demographic profile offers a broad customer base—consider tailoring products or services to Hispanic and Asian communities, who together represent over 75% of the population. Finally, analysts can use these metrics to benchmark ZIP 11377 against other Queens areas, focusing on housing affordability and demographic trends to predict future growth.

Run This Study Yourself

• Curious about another ZIP code or want to dive deeper into ZIP 11377? Start by visiting ZipcodeGPT for a user-friendly platform to access detailed demographic and housing data.
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