ZIP Code 11420 — Queens, New York

The median home in 11420 is valued at $707,200 against a median household income of $100,006, a price-to-income ratio of 7.1. 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 Queens, 11420 ranks 21 of 60 ZIPs on affordability (1 = lowest ratio); the borough median ratio is 7.9. Renting takes 24.8% of median household income (median rent $2,064 a month), under the 30% cost-burden threshold.

11420 ranks 63 of 178 citywide on median household income and 102 of 178 on median home value; its income is above the $90,044 Queens median. 72% of households own their home, far above the 35% citywide ZIP median, making this a majority-owner ZIP. 23% of adults hold a bachelor's degree or higher, below the 39% median, and the poverty rate is 11.1%, below the 13.8% citywide ZIP median. Unemployment stands at 9.2%.

With 98,830 residents per square mile across 0.5 square miles of land, 11420 is denser than the citywide ZIP median of 92,954 (rank 82 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.