ZIP Code 11216 — Brooklyn, New York

The median home in 11216 is valued at $1,293,700 against a median household income of $101,277, a price-to-income ratio of 12.8. That is 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, 11216 ranks 26 of 38 ZIPs on affordability (1 = lowest ratio); the borough median ratio is 11.8. Renting takes 26.9% of median household income (median rent $2,271 a month), under the 30% cost-burden threshold.

11216 ranks 62 of 178 citywide on median household income and 19 of 178 on median home value; its income is above the $82,565 Brooklyn median. 21% of households own their home, below the 35% citywide ZIP median, so most residents rent. 56% of adults hold a bachelor's degree or higher, above the 39% median, and the poverty rate is 16.0%, above the 13.8% citywide ZIP median. Unemployment stands at 7.8%.

With 121,370 residents per square mile across 0.5 square miles of land, 11216 is denser than the citywide ZIP median of 92,954 (rank 63 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.