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These days, finding an affordable place to live in the 11040 area can be challenging. Home prices in 11040 are now at a median cost of $809,490, higher than the New York average of $610,895.
The average cost of rent is $2,434/mo in 11040, primarily driven by the current value of real estate in the 11040 area. In 11040, 10.49% of households rent, and 43.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 11040 is $13,186 per month. Households that rent pay about 18.46% of their income on rent here. 11040’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 11042, NY: higher priced homes
- 11004, NY: less expensive homes
- 11005, NY: less expensive homes
- 11001, NY: less expensive homes
- 11426, NY: less expensive homes
- 11530, NY: higher priced homes
- 11596, NY: equally priced homes
- 11501, NY: less expensive homes
- 11507, NY: higher priced homes
- 11020, NY: higher priced homes
Zip Codes with Similar Populations
- 30736, GA: less expensive homes
- 34997, FL: less expensive homes
- 77338, TX: less expensive homes
- 34609, FL: less expensive homes
- 34293, FL: less expensive homes
- 77339, TX: less expensive homes
- 33844, FL: less expensive homes
- 78582, TX: less expensive homes
- 78596, TX: less expensive homes
- 78628, TX: less expensive homes
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