ZIP Code 11417 — Queens, New York

The median home in 11417 is valued at $746,100 against a median household income of $87,006, a price-to-income ratio of 8.6. That is in line with 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 Queens, 11417 ranks 38 of 60 ZIPs on affordability (1 = lowest ratio); the borough median ratio is 7.9. Renting takes 25.8% of median household income (median rent $1,868 a month), under the 30% cost-burden threshold.

11417 ranks 93 of 178 citywide on median household income and 86 of 178 on median home value; its income is in line with the $90,044 Queens median. 58% of households own their home, far above the 35% citywide ZIP median, making this a majority-owner ZIP. 26% of adults hold a bachelor's degree or higher, below the 39% median, and the poverty rate is 12.3%, below the 13.8% citywide ZIP median. Unemployment stands at 7.5%.

With 61,156 residents per square mile across 0.5 square miles of land, 11417 is less dense than the citywide ZIP median of 92,954 (rank 133 of 178). This is classic New York apartment density: walk-ups, elevator buildings and mixed commercial corridors.