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New York city, NY

ZIP 11220 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 11220

Median Home Value
$1,021,200
Median Rent
$1,547
Affordability Snapshot
$281,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$6,560/mo PITI).

29%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

15.9x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

55.0 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 11220 in New York city, NY, a household would need roughly $281,000 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 $6,560. That is about 338% above the local median household income ($64,201), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
27.6%-58% vs US avg
x
Vacancy Rate
8.3%-20% vs US avg
x
Broadband Access
86.3%-1% vs US avg
x
4+ Bedrooms
2.5%-83% vs US avg
x
Built Pre-1939
7.7%-40% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
31.3%-37% vs US avg
x
Mortgage-Free
58.9%+54% vs US avg
x
$1,021,200
Home Value
$1,547
Rent
1938
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached2.5%
  • 1-unit attached7.7%
  • 2-9 units65.4%
  • 10+ units23.9%
  • Mobile home & other0.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$1,021,200
Median rent$1,547
Owner-occupied27.6%
Vacant8.3%
Price-to-income15.9x
Est. income to buy$281,000