dynamic.RE
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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 −10.0% YoY. inventory, −20.2% YoY, is the number to watch.
The median listing price is down 10.0% YoY while the median home got down 3.2% bigger, so value per square foot is down 7.2%.
U.S. Census ACS characteristics for ZIP 11238 itself, not its parent county.
Renters hold 72.3% of this ZIP's 27,919 occupied households, on a median household income of $135K.
| Measure | ZIP 11238 | Kings County | Difference |
|---|---|---|---|
| Median Household Income | $135K | $80K | +$54K |
| Below Poverty Level | 12.2% | 19.1% | -6.9% |
| Median Age | 35.20 | 36.50 | -1.30 |
| Total Population | 58,345 | 2,631,580 | -- |
| Avg Household Size | 2.06 | 2.56 | -0.50 |
| Owner-Occupied | 27.7% | 29.5% | -1.8% |
| Worked From Home | 32.8% | 19.1% | +13.7% |
| Mean Commute | 38.40 | 41.70 | -3.30 |
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.