Median home value is about $526,000 — about 51% above the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $3,501 (about 201% above the U.S. median rent ($1,163)), and owner-occupancy near 20.0% (about 45.4 points below the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 11109 in New York, NY, a household would need roughly $145,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,379. That sits below the local median household income ($198,773), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.