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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 $752,233, higher than the New York average of $610,895.
The average cost of rent is $2,070/mo in 11416, primarily driven by the current value of real estate in the 11416 area. In 11416, 52.50% of households rent, and 40.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 11416 is $7,418 per month. Households that rent pay about 27.90% of their income on rent here. 11416’s most expensive areas are in the southern regions, while the cheapest areas are in the northern 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
- 11417, NY: equally priced homes
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- 11415, NY: less expensive homes
- 11420, NY: equally priced homes
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Zip Codes with Similar Populations
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