ZIP 11691 - 860Z200US11691 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 11691, located in the Far Rockaway area of Queens, New York, understanding the local demographics and housing landscape is essential. This snapshot, based on 2023 data, offers a clear picture of the population, income levels, housing costs, and cultural diversity in this vibrant community. Whether you’re a homebuyer, real estate investor, small-business owner, or data analyst, these insights will help you make informed decisions about living or working in this area.

Population & Households

ZIP 11691 is home to a substantial population of 68,704 residents, making it a densely populated urban area with a lively community feel. These residents are distributed across 22,382 households, reflecting a mix of family structures and living arrangements. With 23,400 total housing units in the area, there’s a slight surplus of units over households, which could indicate some availability for new residents or investors looking to enter the market. This balance suggests a community with room for growth while maintaining a strong residential base.

Income & Housing Costs

The median household income in ZIP 11691 stands at $57,027, which provides a benchmark for understanding the economic profile of the area. This income level suggests a working-class to middle-income community, where affordability and cost of living are key considerations for residents and businesses alike. On the housing front, the median home value is $649,400, reflecting the high demand for real estate in this part of Queens. For renters, the median rent is $1,444 per month, which aligns with the urban setting and proximity to New York City amenities. These figures highlight the need for careful financial planning for prospective buyers or tenants in this market.

Race & Ethnicity

ZIP 11691 boasts a richly diverse population, which adds to the cultural fabric of the community. The racial and ethnic composition includes 40.38% Black or African American, 25.66% Hispanic or Latino, 23.65% White, and 4.0% Asian residents. This diversity creates a dynamic environment where different cultures, traditions, and perspectives intersect. For businesses, this mix offers opportunities to cater to varied customer bases, while homebuyers and investors can appreciate the inclusive and multifaceted nature of the neighborhood.

Key Facts

• Total population: 68,704 residents, indicating a sizable urban community.
• Total households: 22,382, reflecting a mix of family and individual living arrangements.
• Total housing units: 23,400, suggesting slight availability for new occupants.
• Median household income: $57,027, pointing to a working-class to middle-income area.
• Median home value: $649,400, indicative of a competitive real estate market.
• Median rent: $1,444 per month, aligning with urban rental trends.
• Diverse demographics: 40.38% Black, 25.66% Hispanic, 23.65% White, and 4.0% Asian.

What This Means for You

For homebuyers, ZIP 11691 offers a chance to join a diverse and active community, though the median home value of $649,400 signals a significant investment. Ensure your budget aligns with these costs, and consider the cultural richness as a long-term benefit of living here. Real estate investors and agents will find potential in the slight surplus of housing units (23,400 vs. 22,382 households), which could mean opportunities for rentals or flips, especially given the high median home values. However, competition may be stiff, so focus on niche markets or unique properties. Small-business owners can leverage the area’s diversity and population size (68,704) to target varied customer needs, from culturally specific products to affordable services that match the median income of $57,027. Finally, analysts can use this data as a foundation for deeper studies on urban trends, housing affordability, or demographic shifts in Queens.

Run This Study Yourself

• Curious about another ZIP code or want to dive deeper into ZIP 11691? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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• Use the insights to inform your next move, investment, or business strategy with confidence and precision.