ZIP Code 11238 — Demographics & Housing Data 2023

Overview

If you’re considering ZIP code 11238 for your next home, investment, or business venture, you’re looking at a vibrant and dynamic area with a lot to offer. Located in Brooklyn, New York, this ZIP code encompasses parts of neighborhoods like Prospect Heights and Clinton Hill, known for their cultural richness and urban appeal. In this 2023 demographic snapshot, we’ll break down the latest population, housing, and income data to help you make informed decisions. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will give you a clear picture of what makes 11238 unique.

Population & Households

As of 2023, ZIP 11238 is home to a population of 58,462 residents. This sizable community is spread across 27,371 households, indicating a dense, urban environment where community ties and local amenities play a significant role. The total number of housing units in the area stands at 29,588, suggesting a mix of occupied and available properties that could appeal to both buyers and renters looking for opportunities in this sought-after Brooklyn locale.

Income & Housing Costs

One of the standout metrics for ZIP 11238 is its median household income, which sits at $132,957. This figure points to a relatively affluent community, likely attracting professionals and families with strong earning potential. However, housing costs reflect the premium nature of this area. The median house value is $1,146,000, positioning 11238 as a high-value real estate market. For renters, the median rent is $2,511 per month, which aligns with the elevated cost of living in Brooklyn’s desirable neighborhoods. These numbers underscore the importance of financial planning for anyone looking to move into or invest in this ZIP code.

Race & Ethnicity

The demographic makeup of ZIP 11238 reflects a diverse and multicultural community, a hallmark of Brooklyn’s cultural landscape. According to 2023 data, the racial composition is as follows: 47.15% White, 23.09% Black, 7.02% Asian, and 14.62% Hispanic. This diversity contributes to a rich social fabric, offering a blend of perspectives, traditions, and experiences. For businesses and residents alike, this mix can translate into a welcoming environment with varied consumer needs and cultural offerings.

Key Facts

• Total population: 58,462 residents, indicating a robust urban community.
• Total households: 27,371, reflecting a dense living environment.
• Total housing units: 29,588, with potential opportunities for buyers and renters.
• Median household income: $132,957, suggesting a high-earning demographic.
• Median house value: $1,146,000, marking this as a premium real estate market.
• Median rent: $2,511, aligning with Brooklyn’s competitive rental landscape.
• Racial diversity: 47.15% White, 23.09% Black, 7.02% Asian, 14.62% Hispanic.

What This Means for You

For homebuyers, ZIP 11238 offers a chance to invest in a high-value area with a median house price of over $1.1 million. While the upfront cost is significant, the strong median income of residents suggests a stable community with potential for long-term property value growth. Be prepared for a competitive market and consider working with a local agent to navigate available listings among the 29,588 housing units.

For investors and real estate agents, the data highlights a lucrative opportunity in both sales and rentals. With a median rent of $2,511, rental properties could yield strong returns, especially given the area’s appeal to high-income earners. The diversity of the population also means a broad tenant base to target.

For small-business owners, the diverse demographic of 58,462 residents and a median household income of $132,957 suggest a customer base with disposable income. Whether you’re opening a retail shop, café, or service-based business, the cultural mix and urban density of 11238 provide a fertile ground for tailored offerings that resonate with varied tastes and needs.

For analysts, these metrics offer a snapshot of a thriving urban ZIP code with economic and social indicators pointing to stability and growth. Use this data as a benchmark for deeper studies into Brooklyn’s housing trends or demographic shifts.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 11238? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your needs.
• Use the insights to inform your next move, whether you’re buying a home, investing, or planning a business in a new area.