ZIP Code 11234 — Brooklyn, New York

The median home in 11234 is valued at $795,100 against a median household income of $97,479, a price-to-income ratio of 8.2. That is below 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, so buying here on a local median income requires substantial savings or a second income. Within Brooklyn, 11234 ranks 2 of 38 ZIPs on affordability (1 = lowest ratio); the borough median ratio is 11.8. Renting takes 22.7% of median household income (median rent $1,848 a month), under the 30% cost-burden threshold.

11234 ranks 67 of 178 citywide on median household income and 81 of 178 on median home value; its income is above the $82,565 Brooklyn median. 68% of households own their home, far above the 35% citywide ZIP median, making this a majority-owner ZIP. 40% of adults hold a bachelor's degree or higher, in line with the 39% median, and the poverty rate is 9.5%, below the 13.8% citywide ZIP median. Unemployment stands at 6.4%.

With 166,374 residents per square mile across 0.5 square miles of land, 11234 is far denser than the citywide ZIP median of 92,954 (rank 20 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.