ZIP 11385 - 860Z200US11385 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 11385, located in the vibrant boroughs of Queens and Brooklyn, New York, this demographic and housing snapshot offers a clear picture of the area. With data from 2023, we’ll break down population stats, household dynamics, income levels, housing costs, and cultural diversity to help you make informed decisions. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights provide a foundation for understanding the community and its potential.

Population & Households

ZIP 11385 is home to a substantial population of 103,865 residents, making it a densely populated urban area with a lively community vibe. This ZIP code, often associated with neighborhoods like Ridgewood and Glendale, supports 37,586 households. The total number of housing units stands at 40,175, indicating a slight surplus of available homes compared to occupied households. This could suggest opportunities for buyers or renters looking to settle in the area, as well as potential vacancies for investors to consider.

Income & Housing Costs

The median household income in ZIP 11385 is $87,365, reflecting a solid economic base for many families and individuals. This income level positions the area as a place where residents have reasonable purchasing power, which is valuable for small businesses targeting local customers. On the housing front, the median home value is $842,800, indicative of a competitive real estate market typical of the New York metro area. For renters, the median rent is $1,959 per month, which aligns with the high cost of living in this region. These figures are critical for homebuyers assessing affordability and for investors evaluating potential returns on rental properties or home sales.

Race & Ethnicity

ZIP 11385 boasts a diverse cultural makeup, which adds to its dynamic community character. The racial and ethnic composition includes 42.52% White, 45.44% Hispanic or Latino, 6.89% Asian, and 2.55% Black or African American residents. This diversity suggests a multicultural environment that could appeal to a wide range of residents and businesses. For small-business owners, this mix offers opportunities to cater to varied tastes and preferences, while homebuyers might appreciate the inclusive and vibrant neighborhood atmosphere.

Key Facts

• Total population: 103,865 residents, reflecting a bustling urban community.
• Total households: 37,586, supporting a significant number of families and individuals.
• Total housing units: 40,175, with a small surplus over occupied households.
• Median household income: $87,365, indicating a stable economic foundation.
• Median home value: $842,800, highlighting a high-demand real estate market.
• Median rent: $1,959, consistent with the area’s elevated cost of living.
• Diverse demographics: 45.44% Hispanic, 42.52% White, 6.89% Asian, and 2.55% Black.

What This Means for You

For homebuyers, ZIP 11385 offers a diverse and active community, though the median home value of $842,800 signals a significant investment. Ensure your budget aligns with these costs, and consider the slight surplus of housing units as a potential negotiating point. For real estate investors and agents, the high home values and median rent of $1,959 suggest strong rental demand and potential for appreciation, especially given the area’s population density and cultural appeal. Focus on properties that cater to the diverse demographic for maximum tenant interest. For small-business owners, the median income of $87,365 and diverse population present a promising customer base. Tailor your offerings to reflect the multicultural community—think ethnic foods, cultural services, or inclusive marketing. For analysts, these metrics provide a snapshot of economic stability and housing trends, useful for broader market studies or localized forecasts in the Queens-Brooklyn area.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 11385? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date stats on population, income, housing, and more, tailored to your needs.
• Use the insights to inform your next move, investment, or business strategy with confidence.