ZIP 11385 - 860Z200US11385 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 11385, located in the vibrant borough of Queens, New York, this demographic and housing snapshot offers a clear picture of the area. With data from 2023, we’ll break down key metrics like population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Whether you’re eyeing a family home, a rental property, or a commercial space, understanding ZIP 11385’s profile is the first step to success.

Population & Households

ZIP 11385 is home to a substantial population of 103,865 residents, making it a bustling and dynamic community. This area supports 37,586 households, reflecting a mix of family units, singles, and shared living arrangements. With 40,175 total housing units, there’s a slight surplus of properties over households, which could indicate some availability for new residents or investors looking to enter the market. This population density suggests a lively neighborhood with ample opportunities for social and economic engagement.

Income & Housing Costs

The median household income in ZIP 11385 stands at $87,365, positioning it as a relatively affluent area within the broader New York City context. This income level supports a robust local economy, appealing to businesses seeking a customer base with disposable income. On the housing front, the median home value is $842,800, reflecting the high demand for real estate in Queens. For renters, the median rent is $1,959 per month, which aligns with the area’s income levels but may pose challenges for budget-conscious individuals or families. These figures highlight ZIP 11385 as a competitive yet potentially rewarding market for housing investments.

Race & Ethnicity

ZIP 11385 boasts a diverse cultural fabric, with a racial and ethnic composition that mirrors the melting pot of Queens. The population identifies as 42.52% White, 45.44% Hispanic, 6.89% Asian, and 2.55% Black, among other groups. This diversity creates a rich community atmosphere, offering unique opportunities for businesses catering to varied cultural preferences and for residents seeking an inclusive environment. Understanding this mix can help investors and entrepreneurs tailor their offerings to meet the needs of a broad demographic spectrum.

Key Facts

• Total population: 103,865 residents, indicating a sizable and active community.
• Total households: 37,586, showing a strong base of local families and individuals.
• Total housing units: 40,175, suggesting some availability for new occupants or investors.
• Median household income: $87,365, reflecting solid economic stability.
• Median home value: $842,800, indicative of a premium real estate market.
• Median rent: $1,959, aligning with the area’s income and cost of living.
• Diverse population: 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 vibrant community with high home values ($842,800 median), suggesting long-term appreciation potential, though affordability may be a concern for some. The slight surplus of housing units over households could mean opportunities to find a property, but expect competition given the area’s appeal. Investors and real estate agents will find a strong rental market with a median rent of $1,959, ideal for buy-to-let strategies, while the population size and income levels support demand for both residential and commercial properties. Small-business owners can leverage the area’s diversity and $87,365 median income to target a wide range of customers, especially with culturally tailored products or services. Analysts can use these metrics to benchmark ZIP 11385 against other Queens areas, identifying trends in housing and demographic shifts for deeper market insights.

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.
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• Use the insights to make data-driven decisions for your next home purchase, investment, or business venture with confidence.