ZIP Code 11231 — Demographics & Housing Data 2023

Overview

If you’re considering ZIP code 11231 for your next home, investment, or business venture, this demographic and housing snapshot offers a clear picture of what to expect. Located in Brooklyn, New York, this area is a dynamic urban hub with a mix of residential and commercial opportunities. Using the latest 2023 data, we’ll break down population trends, household statistics, income levels, housing costs, and cultural diversity to help you make informed decisions. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will guide your next steps in ZIP 11231.

Population & Households

ZIP 11231 is home to a population of 39,704 residents, making it a moderately sized community within Brooklyn’s bustling landscape. This area supports 16,810 households, reflecting a strong residential base for families, professionals, and individuals alike. With 18,265 total housing units, there’s a slight surplus of properties compared to occupied households, which could indicate potential availability for new residents or investors looking to enter the market. Understanding these numbers helps gauge the community’s density and demand for housing or services in this ZIP code.

Income & Housing Costs

One of the standout metrics for ZIP 11231 is its median household income of $138,485, which signals a relatively affluent community compared to national averages. This income level suggests that residents have significant purchasing power, a key consideration for businesses targeting higher-end markets. On the housing front, the median home value stands at an impressive $1,678,900, reflecting the premium nature of real estate in this Brooklyn enclave. For renters, the median rent is $2,474 per month, indicating a competitive rental market. These figures highlight both the opportunities and challenges of entering the housing market in ZIP 11231, whether you’re buying, renting, or investing.

Race & Ethnicity

The cultural fabric of ZIP 11231 is diverse, offering a vibrant mix of backgrounds that enrich the community. The racial composition breaks down as follows: 61.12% White, 11.07% Black, 4.93% Asian, and 15.82% Hispanic. This diversity creates a welcoming environment for residents and businesses alike, fostering a blend of perspectives and traditions. For small-business owners, this mix can translate into varied customer needs and opportunities to cater to niche markets. For homebuyers and investors, it underscores the inclusive nature of the neighborhood, which can be a draw for many.

Key Facts

• Total population in ZIP 11231: 39,704 residents.
• Total households: 16,810, supporting a strong residential community.
• Total housing units: 18,265, suggesting some availability for new occupants.
• Median household income: $138,485, indicating significant local purchasing power.
• Median home value: $1,678,900, reflecting a high-end real estate market.
• Median rent: $2,474 per month, pointing to a competitive rental landscape.
• Diverse population: 61.12% White, 11.07% Black, 4.93% Asian, 15.82% Hispanic.

What This Means for You

For homebuyers, ZIP 11231 offers a premium market with high home values and rents, so be prepared for a significant investment—but one that could yield long-term value in a desirable Brooklyn location. The diverse community and strong median income suggest a stable, vibrant neighborhood ideal for families or professionals. Real estate investors and agents will find opportunities in the slight surplus of housing units, though the high median home value of $1,678,900 means you’ll need to target upscale buyers or renters. Small-business owners can leverage the area’s affluent and diverse population to offer tailored products or services, especially in sectors like dining, retail, or professional services. Analysts can use these metrics to benchmark ZIP 11231 against other Brooklyn areas, identifying trends in income growth or housing demand. Across all groups, the data points to a competitive yet rewarding market for those ready to engage with this community.

Run This Study Yourself

Want to dive deeper into ZIP 11231 or compare it with another area? Follow these simple steps to get customized insights:

• Visit ZipcodeGPT to access powerful demographic and housing analysis tools.
• Enter any ZIP code to uncover detailed metrics like population, income, and home values.
• Use the data to inform your homebuying, investing, or business decisions with confidence.