ZIP Code 11434 — Demographics & Housing Data 2023

Overview

If you’re considering a move, investment, or business opportunity in ZIP 11434, located in the heart of Queens, New York, this demographic and housing snapshot offers a clear picture of the area in 2023. With a sizable population, diverse community, and robust housing market, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the latest data to help you make informed decisions about living, working, or investing in 11434.

Population & Households

ZIP 11434 is home to 67,611 residents, making it a densely populated urban area with a vibrant community. This population is distributed across 22,737 households, reflecting a mix of family structures and living arrangements. The total number of housing units stands at 23,787, indicating a slight surplus of available homes compared to occupied households. For those eyeing this area, whether for personal residence or investment, the population size suggests a lively neighborhood with a strong demand for local services and amenities.

Income & Housing Costs

The median household income in ZIP 11434 is $76,668, positioning it as a middle-income area within the broader New York metro region. This income level supports a stable economic base for residents and businesses alike. On the housing front, the median home value is $585,600, reflecting the high property values typical of Queens. For renters, the median monthly rent is $1,409, which is relatively moderate compared to other parts of New York City but still significant. These figures highlight the financial commitment required to live in 11434, whether buying or renting, and underscore the potential for real estate appreciation for investors.

Race & Ethnicity

The demographic makeup of ZIP 11434 is predominantly Black, with 76.44% of residents identifying as such, making it a culturally rich and historically significant community. Hispanic residents account for 11.97% of the population, while Asian residents make up 3.53%, and White residents comprise just 1.87%. This diversity shapes the social fabric of the area, influencing everything from local businesses to community events. For newcomers or business owners, understanding this composition can guide cultural engagement and market strategies tailored to the majority demographic.

Key Facts

• Total population: 67,611 residents, indicating a bustling urban community.
• Total households: 22,737, reflecting a mix of family and individual living arrangements.
• Total housing units: 23,787, suggesting a small buffer of available properties.
• Median household income: $76,668, supporting a stable middle-income economy.
• Median home value: $585,600, indicative of a strong real estate market.
• Median rent: $1,409 per month, a notable but manageable cost for renters.
• Racial composition: 76.44% Black, 11.97% Hispanic, 3.53% Asian, 1.87% White.

What This Means for You

For homebuyers, ZIP 11434 offers a chance to join a vibrant, predominantly Black community with a median home value of $585,600. While the price point is high, the area’s stability and cultural richness may justify the investment for those seeking a long-term home. Real estate investors and agents will find potential in the slight surplus of housing units (23,787 total units versus 22,737 households), which could signal opportunities for rentals or flips, especially given the median rent of $1,409. The strong median income of $76,668 also suggests tenants and buyers with purchasing power. Small-business owners can leverage the large population of 67,611 and the area’s diversity to offer products or services tailored to the community’s needs, particularly those resonating with the majority demographic. Finally, analysts can use these metrics to benchmark 11434 against neighboring ZIP codes or assess trends in urban housing and income dynamics.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 11434? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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