ZIP 11432 - 860Z200US11432 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 11432 for a home purchase, investment opportunity, or business venture, understanding the local demographics and housing landscape is essential. Located in Queens, New York, this area offers a diverse community and a dynamic real estate market. This 2023 snapshot provides a clear, data-driven look at population, income, 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 11432.

Population & Households

ZIP 11432 is home to a substantial population of 63,730 residents as of 2023. This sizable community is distributed across 20,404 households, reflecting a dense and active area. With 21,618 total housing units, the region shows a slight surplus of units over households, which could indicate some availability for new residents or investors looking to enter the market. The average household size can be inferred as roughly 3.1 people, suggesting a mix of families and smaller living arrangements that contribute to the area’s vibrant character.

Income & Housing Costs

The median household income in ZIP 11432 stands at $75,395, positioning it as a moderately affluent area within the broader Queens region. This income level supports a robust local economy, making it attractive for businesses targeting middle-income consumers. On the housing front, the median house value is $826,100, reflecting the high demand and competitive real estate market typical of urban New York. For renters, the median rent is $1,841 per month, which aligns with the area’s cost of living and may appeal to those seeking alternatives to homeownership. These figures highlight both the opportunities and challenges of entering this market, whether as a buyer or investor.

Race & Ethnicity

ZIP 11432 boasts a richly diverse population, a key draw for those seeking a multicultural environment. The racial composition in 2023 breaks down as follows: Asian residents make up the largest group at 42.22%, followed by Hispanic or Latino residents at 20.97%, Black or African American at 17.41%, and White at 11.81%. This diversity shapes the cultural fabric of the community, influencing everything from local businesses to social dynamics. For business owners, this mix offers a chance to cater to varied tastes and needs, while homebuyers may appreciate the inclusive atmosphere.

Key Facts

• Total population: 63,730 residents, indicating a sizable and active community.
• Total households: 20,404, with an average household size of about 3.1 people.
• Total housing units: 21,618, suggesting some availability for new occupants.
• Median household income: $75,395, supporting a stable local economy.
• Median house value: $826,100, reflecting a competitive real estate market.
• Median rent: $1,841, consistent with urban living costs in Queens.
• Racial diversity: Predominantly Asian (42.22%), with significant Hispanic (20.97%) and Black (17.41%) populations.

What This Means for You

For homebuyers, ZIP 11432 offers a diverse and vibrant community, though the high median house value of $826,100 signals a competitive market. Be prepared for a significant investment, and consider working with a local agent to find value in this dense area. Investors and real estate agents will note the slight surplus of housing units over households, which could point to rental or flip opportunities, especially given the median rent of $1,841. The strong median income of $75,395 also suggests tenants with reliable payment capacity. Small-business owners can leverage the area’s diversity and population size of 63,730 to target niche markets, from culturally specific goods to broad-appeal services. Finally, analysts can use this data as a benchmark to track trends in urban demographics and housing costs, particularly in diverse Queens neighborhoods like ZIP 11432.

Run This Study Yourself

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