ZIP Code 11232 — Demographics & Housing Data 2023

Overview

If you’re considering ZIP code 11232 for a home purchase, investment opportunity, or business venture, understanding the area’s demographic and housing landscape is essential. Located in Brooklyn, New York, this vibrant area offers a diverse community and a dynamic real estate market. This snapshot, based on 2023 data, breaks down key metrics like population, income, housing costs, and racial composition to help you make informed decisions. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights provide a clear picture of what makes ZIP 11232 unique.

Population & Households

ZIP 11232 is home to a population of 26,681 residents, making it a moderately sized community within Brooklyn. These individuals are distributed across 9,336 households, reflecting a mix of family structures and living arrangements. With 10,004 total housing units in the area, there’s a slight surplus of units over households, which could indicate some availability for new residents or investors looking to enter the market. This balance between population and housing suggests a stable yet competitive environment for those eyeing a move or business expansion in this ZIP code.

Income & Housing Costs

The median household income in ZIP 11232 stands at $87,517, positioning it as a relatively affluent area within the broader New York City context. This income level supports a robust local economy, which can be attractive for small businesses seeking a customer base with disposable income. On the housing front, the median house value is $782,500, reflecting the high demand and limited supply typical of Brooklyn real estate. For renters, the median rent is $1,972 per month, which aligns with the area’s income levels but may pose affordability challenges for some. These figures highlight the premium placed on living in ZIP 11232, making it a significant consideration for buyers and investors alike.

Race & Ethnicity

ZIP 11232 boasts a richly diverse population, with a racial and ethnic composition that mirrors Brooklyn’s cultural mosaic. The largest demographic group is Hispanic, accounting for 52.09% of residents, followed by White residents at 23.47%. Asian individuals make up 15.0% of the population, while Black residents represent 6.17%. This diversity fosters a multicultural environment, offering unique opportunities for businesses catering to varied cultural needs and preferences. For homebuyers and investors, this mix can translate into a vibrant community with a wide range of social and economic interactions.

Key Facts

• Total population: 26,681 residents in ZIP 11232 as of 2023.
• Total households: 9,336, indicating a mix of family and individual living arrangements.
• Total housing units: 10,004, suggesting some availability for new occupants.
• Median household income: $87,517, supporting a strong local economy.
• Median house value: $782,500, reflecting high demand in the Brooklyn market.
• Median rent: $1,972 per month, a significant cost for potential renters.
• Racial diversity: Hispanic (52.09%), White (23.47%), Asian (15.0%), Black (6.17%).

What This Means for You

For homebuyers, ZIP 11232 offers a diverse and vibrant community, but the high median house value of $782,500 and median rent of $1,972 signal a competitive market. Be prepared for a significant investment, and consider working with a local agent to find properties that match your budget and needs. For investors and real estate agents, the slight surplus of housing units (10,004) over households (9,336) could point to opportunities for rental properties or flips, though the high entry costs require careful financial planning. For small-business owners, the median household income of $87,517 and diverse population suggest a market with spending power and varied consumer needs—think about niche offerings that cater to cultural preferences. For analysts, these metrics provide a baseline to track trends in Brooklyn’s housing and demographic shifts, helping to predict future market movements in ZIP 11232.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 11232? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Input any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your specific interests.
• Use the insights to inform your next real estate move, business strategy, or research project with confidence.