Interested in purchasing investment houses in the 11224 zip code in Brooklyn, NY?
The zip code 11224 is in Kings county with a latitude of -73.988730000000 and longitude of 40.576650000000, is in the state of New York. The average asking price of houses and condos is $645,684.00 and the average sale price was $379,170.00. this regions is classified as the New York City metro area and consists of the following area codes: 347, 718, 917, and 929. The location in degrees is 40° 34' 35.94" N, 73° 59' 19.428" W. The county F.I.P.S. is 36047. The total land area is 1.5 square miles and the water area is 0.0 square miles. The zip code is on eastern standard time and observes daylight savings time.
The zip 11224 is in county number 047 and is L. Sector 10, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 46,294 in 2019 and 47,621 in 2010. This further breaks down to 20,640 males (44.6%) and 25,655 females (55.4%). The median age of residents is 48.2 years. The population of the greater New York-Northern New Jersey-Long Island, NY-NJ-PA area is 19,113,505. The population density (people per square mile) is 29,993. This zip code has a combined total of 20,701 houses and condos. There are 14,251 rented appartments. 74% of residents rent versus the 74% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $36,387 and the average salary is $36,693. The median household income of individuals is $27,331.00 and the average is $44,970.00. This zip code has a mean commute time to work of 51.3 minutes. The unemployment rate is 8.2%. Income earners by percent breakdown as 68.60% (Under $50,000), 22.10% ($50,000-$100,000), and 9.30% earn over $100,000. 25.9% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 157.4. The educational breakdown is 82.4% have a high school education or higher, 38.9% have a bachelor's degree or higher, and 17.8% have some kind of profesional degree.
This area has 19,774 households and the average size is 2.3 people. Individuals who are single and have never been married are 33.9%, 42.2% are now married, 3.6% are separated, 8.8% are widowed, and 11.5% are divorced. The average yearly contribution amount given by people to charity was $2,549 versus the state average of $5,572. The percent of residents who gave to charity was 18.9%.
The estimated median value of houses and condos is $426,597. The median monthly owner costs of mortgage holders was $2,249, where as the costs for those who don't have a mortgage are $279. The median number of rooms in houses and condos are 4.3 versus apartments which had a median number of 3.8.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $3,720. In comparision, the average real estate tax percent rate in the state is 1.7% which equated to an average real estate tax amount payment in the state of $5,732. The median housing property tax percent for residents with mortgages was 0.8% which amounted to an average tax amount of $3,932. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.9% which amounted to an average tax amount of $3,291. Reported taxable interest for persons was $1,210, dividends $2,333, capital gains +$969, and itemized deductions $23,144. The average earned income tax credit is $2,237. The percent of individuals that use a tax preparer is 73.8%. The total average income taxes paid by individuals was $8,347. Businesses reported an average profit of $8,704.
Gargiulo's Restaurant
2911 W 15th St, Brooklyn, NY 11224
New East Far Restaurant
2406 Mermaid Ave, Brooklyn, NY 11224
L&B Spumoni Gardens
2725 86th St, Brooklyn, NY 11223 (1.6 miles away)
Livingroom Steakhouse Inc
2402 86th St, Brooklyn, NY 11214 (1.8 miles away)
Clemente's Maryland Crabhouse
3939 Emmons Ave, Brooklyn, NY 11235 (1.9 miles away)
Colandrea New Corner Restaurant
7201 8th Ave, Brooklyn, NY 11228 (3.1 miles away)