ZIP Code 11427 — Queens, New York

The median home in 11427 is valued at $703,600 against a median household income of $88,980, a price-to-income ratio of 7.9. 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, 11427 ranks 30 of 60 ZIPs on affordability (1 = lowest ratio); the borough median ratio is 7.9. Renting takes 23.6% of median household income (median rent $1,748 a month), under the 30% cost-burden threshold.

11427 ranks 87 of 178 citywide on median household income and 103 of 178 on median home value; its income is in line with the $90,044 Queens median. 63% of households own their home, far above the 35% citywide ZIP median, making this a majority-owner ZIP. 37% of adults hold a bachelor's degree or higher, in line with the 39% median, and the poverty rate is 10.8%, below the 13.8% citywide ZIP median. Unemployment stands at 6.8%.

With 49,214 residents per square mile across 0.5 square miles of land, 11427 is less dense than the citywide ZIP median of 92,954 (rank 149 of 178). This is a mixed fabric of row houses, small apartment buildings and two- to four-family homes.