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These days, finding an affordable place to live in the 12040 area can be challenging. Home prices in 12040 are now at a median cost of $226,600, lower than the New York average of $610,895.
The average cost of rent is $1,363/mo in 12040, primarily driven by the current value of real estate in the 12040 area. In 12040, 19.45% of households rent, and 53.69% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 12040 is $6,424 per month. Households that rent pay about 21.22% of their income on rent here. 12040’s most expensive areas are in the central regions, while the cheapest areas are in the central 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
- 12022, NY: equally priced homes
- 12153, NY: higher priced homes
- 12169, NY: equally priced homes
- 12168, NY: less expensive homes
- 12138, NY: less expensive homes
- 12018, NY: higher priced homes
- 12052, NY: equally priced homes
- 01267, MA: higher priced homes
- 12140, NY: higher priced homes
- 12062, NY: higher priced homes
Zip Codes with Similar Populations
- 99675, AK: less expensive homes
- 99519, AK: equally priced homes
- 47865, IN: less expensive homes
- 67012, KS: equally priced homes
- 44652, OH: higher priced homes
- 71659, AR: less expensive homes
- 61562, IL: less expensive homes
- 62348, IL: less expensive homes
- 62541, IL: less expensive homes
- 63079, MO: less expensive homes
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