ZIP Code 11206 — Brooklyn, New York

The median home in 11206 is valued at $839,800 against a median household income of $61,430, a price-to-income ratio of 13.7. That is far above the 8.7 median across the 178 New York City ZIP codes with published housing data, and well past the 3.0 ratio that marks an attainable market nationally, which means a household earning the local median income cannot finance the local median home on conventional terms. Within Brooklyn, 11206 ranks 27 of 38 ZIPs on affordability (1 = lowest ratio); the borough median ratio is 11.8. Renting takes 31.7% of median household income (median rent $1,625 a month), above the 30% cost-burden threshold.

11206 ranks 146 of 178 citywide on median household income and 74 of 178 on median home value; its income is below the $82,565 Brooklyn median. 11% of households own their home, far below the 35% citywide ZIP median, so most residents rent. 36% of adults hold a bachelor's degree or higher, below the 39% median, and the poverty rate is 34.4%, far above the 13.8% citywide ZIP median and among the highest in the city. Unemployment stands at 9.2%.

With 186,040 residents per square mile across 0.5 square miles of land, 11206 is far denser than the citywide ZIP median of 92,954 (rank 10 of 178). This is among the densest residential territory in the United States: high-rise and mid-rise apartment blocks with almost no single-family stock.