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Merrick CDP, NY

ZIP 11566 — Housing & Real Estate

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

Wealthy AreaLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 11566

Median Home Value
$679,000
Median Rent
$2,524
Affordability Snapshot
$187,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,362/mo PITI).

18%
Rent-to-Income Ratio

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

4.0x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

22.4 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 11566 in Merrick CDP, NY, a household would need roughly $187,000 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 $4,362. That is roughly in line with the local median household income ($169,868). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
95.5%+46% vs US avg
x
Vacancy Rate
1.4%-87% vs US avg
x
Broadband Access
94.6%+9% vs US avg
x
4+ Bedrooms
10.0%-32% vs US avg
x
Built Pre-1939
15.2%+19% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
30.4%-39% vs US avg
x
Mortgage-Free
37.2%-3% vs US avg
x
$679,000
Home Value
$2,524
Rent
1955
Year Built
2004
Moved In

Residents have lived here since ~2004 on average

Housing Structure

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

  • 1-unit detached97.1%
  • 1-unit attached0.7%
  • 2-9 units1.8%
  • 10+ units0.2%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$679,000
Median rent$2,524
Owner-occupied95.5%
Vacant1.4%
Price-to-income4.0x
Est. income to buy$187,000