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A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is −13.5% YoY. inventory, +4.6% YoY, is the number to watch.
The median listing price is down 13.5% YoY while the median home got up 5.6% bigger, so value per square foot is up 12.4%.
U.S. Census ACS characteristics for ZIP 11231 itself, not its parent county.
Renters hold 69.5% of this ZIP's 16,783 occupied households, on a median household income of $140K.
| Measure | ZIP 11231 | Kings County | Difference |
|---|---|---|---|
| Median Household Income | $140K | $80K | +$60K |
| Below Poverty Level | 13.1% | 19.1% | -6.0% |
| Median Age | 38.80 | 36.50 | +2.30 |
| Total Population | 38,276 | 2,631,580 | -- |
| Avg Household Size | 2.26 | 2.56 | -0.30 |
| Owner-Occupied | 30.5% | 29.5% | +1.0% |
| Worked From Home | 32.0% | 19.1% | +12.9% |
| Mean Commute | 35.80 | 41.70 | -5.90 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 0.6% to 2,631,580: residents under 18 are down 1.8% and those 65 and over are up 2.7%.
County median household income is $80K, 19.1% of residents are below the poverty level, 19.1% work from home.