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These days, finding an affordable place to live in the 11416 area can be challenging. Home prices in 11416 are now at a median cost of $599,125, higher than the New York average of $481,023.
The average cost of rent is $1,669/mo in 11416, primarily driven by the current value of real estate in the 11416 area. While nearly 42.41% of residents own their homes outright in 11416, 53.63% rent.
Housing affordability isn’t just about home prices, though. The average household income in 11416 is $6,228 per month. Households that rent pay about 26.80% of their income on rent here. 11416's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 11417, NY: equally priced homes
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- 11414, NY: equally priced homes
- 11415, NY: less expensive homes
- 11420, NY: equally priced homes
- 11207, NY: equally priced homes
- 11435, NY: less expensive homes
Zip Codes with Similar Populations
- 89701, NV: less expensive homes
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- 98027, WA: higher priced homes
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- 18301, PA: less expensive homes
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