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New York city, NY

ZIP 11229 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 11229

Median Home Value
$812,200
Median Rent
$1,541
Affordability Snapshot
$224,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$5,217/mo PITI).

25%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

11.2x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

43.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 11229 in New York city, NY, a household would need roughly $224,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $5,217. That is about 209% above the local median household income ($72,556), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
47.0%-28% vs US avg
x
Vacancy Rate
7.3%-29% vs US avg
x
Broadband Access
88.3%+1% vs US avg
x
4+ Bedrooms
2.4%-84% vs US avg
x
Built Pre-1939
17.1%+33% vs US avg
x
Built Post-2014
0.4%-95% vs US avg
x
Rent Burden >30%
29.1%-41% vs US avg
x
Mortgage-Free
53.2%+39% vs US avg
x
$812,200
Home Value
$1,541
Rent
1947
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached14.6%
  • 1-unit attached15.0%
  • 2-9 units23.2%
  • 10+ units47.1%
  • Mobile home & other0.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$812,200
Median rent$1,541
Owner-occupied47.0%
Vacant7.3%
Price-to-income11.2x
Est. income to buy$224,000