ZIP 11542 - 860Z200US11542 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 11542 for your next home, investment property, or business location, understanding the area’s demographic and housing landscape is essential. Located in a vibrant community, this area offers a mix of diversity, economic opportunity, and housing options. In this 2023 snapshot, we dive into the latest data on population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s break down what makes ZIP 11542 unique and how it can align with your goals.

Population & Households

ZIP 11542 is home to a population of 29,020 residents as of 2023, making it a moderately sized community with a strong local presence. These residents are distributed across 10,879 households, reflecting a blend of family units, singles, and shared living arrangements. With 11,374 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new buyers or renters. This balance between population and housing suggests a stable community with room for growth, appealing to those looking to settle or invest in a dynamic area.

Income & Housing Costs

Economic vitality is a key factor when evaluating any ZIP code, and 11542 stands out with a median household income of $92,284. This figure points to a relatively affluent community with disposable income to support local businesses and sustain property values. However, housing costs reflect this prosperity—median home values sit at $659,300, positioning ZIP 11542 as a premium market for buyers. For renters, the median monthly rent is $2,350, which aligns with the area’s higher cost of living. These numbers suggest that while entry into this market may require significant investment, the economic stability of residents could ensure long-term value for homeowners and investors alike.

Race & Ethnicity

Diversity is a defining characteristic of ZIP 11542, with a racial and ethnic composition that reflects a multicultural community. White residents make up 56.34% of the population, followed by Hispanic or Latino residents at 32.46%, creating a strong cultural blend. Asian residents account for 4.66%, and Black residents comprise 3.7% of the population. This mix fosters a rich community fabric, offering opportunities for businesses to cater to varied cultural needs and for families to thrive in an inclusive environment. Understanding this diversity can help tailor real estate strategies or business offerings to resonate with local demographics.

Key Facts

• Total population in ZIP 11542: 29,020 residents.
• Total households: 10,879, indicating a mix of family and individual living arrangements.
• Total housing units: 11,374, suggesting potential availability for new occupants.
• Median household income: $92,284, reflecting economic strength.
• Median home value: $659,300, positioning this as a high-value market.
• Median rent: $2,350 per month, consistent with the area’s cost of living.
• Diverse population: 56.34% White, 32.46% Hispanic, 4.66% Asian, 3.7% Black.

What This Means for You

For homebuyers, ZIP 11542 offers a stable, diverse community with strong household incomes, but be prepared for higher home prices at a median of $659,300. This could mean a solid long-term investment if you’re able to enter the market. Real estate investors and agents should note the slight surplus of housing units (11,374 vs. 10,879 households), which may present opportunities for rentals or flips, especially with a median rent of $2,350 attracting reliable tenants. Small-business owners can leverage the area’s diversity and income levels—$92,284 median household income suggests spending power for goods and services tailored to a multicultural audience. Analysts will find the demographic mix and economic indicators useful for forecasting trends or advising clients on market potential. Across all groups, ZIP 11542’s data points to a community with both challenges (high entry costs) and rewards (stability and diversity).

Run This Study Yourself

• Curious about diving deeper into ZIP 11542 or comparing it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Input any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your needs.
• Use the insights to make data-driven decisions for your home purchase, investment strategy, or business planning.