ZIP 11214 - 860Z200US11214 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business venture in ZIP 11214, located in Brooklyn, New York, understanding the area’s demographic and housing landscape is essential. This snapshot, based on 2023 data, provides a clear picture of the population, income levels, housing costs, and cultural diversity in this vibrant community. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about opportunities in 11214.

Population & Households

ZIP 11214 is home to a substantial population of 88,994 residents, making it a densely populated urban area with a strong community presence. These individuals are distributed across 31,006 households, reflecting a mix of family structures and living arrangements. With 33,341 total housing units in the area, there’s a slight gap between available units and occupied households, which could indicate opportunities for renters or investors looking to fill vacant properties. This population size and household density suggest a bustling neighborhood with consistent demand for housing and local services.

Income & Housing Costs

The median household income in ZIP 11214 stands at $64,286, which offers a glimpse into the economic profile of the area. This income level supports a moderate standard of living in an urban setting like Brooklyn, though it’s worth noting that housing costs are significant. The median house value is $1,007,400, reflecting the high demand and limited supply characteristic of New York City’s real estate market. For renters, the median rent is $1,710 per month, which aligns with the area’s urban location but may pose affordability challenges for some households. These figures highlight the premium placed on living in 11214 and the potential for strong returns on real estate investments.

Race & Ethnicity

ZIP 11214 boasts a diverse cultural makeup, which adds to its dynamic community fabric. The racial and ethnic composition includes 39.56% White, 37.64% Asian, 16.69% Hispanic, and 1.82% Black residents. This near-balanced mix of White and Asian populations, alongside a notable Hispanic presence, points to a multicultural environment where diverse traditions, languages, and cuisines likely thrive. For businesses and investors, this diversity can translate into varied customer bases and opportunities to cater to specific cultural needs or preferences.

Key Facts

• Total population: 88,994 residents, indicating a sizable urban community in ZIP 11214.
• Total households: 31,006, showing a strong base of local families and individuals.
• Total housing units: 33,341, with some potential vacancy for new occupants or investors.
• Median household income: $64,286, reflecting moderate earning capacity in an urban context.
• Median house value: $1,007,400, underscoring the high cost of homeownership in Brooklyn.
• Median rent: $1,710, a significant monthly expense for renters in the area.
• Diverse demographics: Near-equal White (39.56%) and Asian (37.64%) populations, with Hispanic (16.69%) representation.

What This Means for You

For homebuyers, ZIP 11214 offers a vibrant, diverse community, but the high median house value of over $1 million means you’ll need substantial financial readiness or a focus on specific neighborhoods within the ZIP code for more affordable options. Renters should budget carefully, as the $1,710 median rent reflects Brooklyn’s competitive market. Investors and real estate agents can find potential in the gap between housing units and households, suggesting room for rental properties or flips, especially given the area’s strong property values. However, high entry costs require careful market analysis. Small-business owners can leverage the large, diverse population of nearly 89,000 to target varied customer needs, from cultural-specific goods to everyday services—consider the Asian and Hispanic communities as key demographics for tailored offerings. Analysts will appreciate the rich dataset here, pointing to trends in urban density, housing demand, and economic diversity that could inform broader studies or local strategies.

Run This Study Yourself

• Curious about diving deeper into ZIP 11214 or comparing it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code of interest to access up-to-date metrics on population, income, housing costs, and more, tailored to your needs.
• Use the insights to make data-driven decisions, whether you’re buying a home, investing, or planning a business in a new location.