11238

2023 Data
Brooklyn, New York

11238 is a prosperous, upper-middle-class neighborhood in Brooklyn with a premium real estate market.

Population

58,462

Income Rank

Top 72%

65%

$133K

Median Income

vs national

268%

$1.1M

Home Value

vs national

91%

$2,511

Monthly Rent

vs national

35.7 yrs

Median Age

How 11238 Compares

Key metrics versus national medians

Median Income
$132,957+65%

National median: $80,610

Home Value
$1,146,000+268%

National median: $311,500

Monthly Rent
$2,511+91%

National median: $1,314

College Educated
71.2%+105%

National median: 34.8%

Income Distribution in 11238

How household incomes are distributed across brackets

% of Households
Median Income Bracket

This chart shows the percentage of households in each income bracket. The highlighted bar represents the bracket containing the median household income of $132,957.

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What is the Average Income in 11238?

Household earnings and economic conditions

$132,957

Median Household Income

$83,937

Per Capita Income

6.5%

Unemployment Rate

Residents of 11238 earn a median household income of $132,957 per year. This is 65% higher than the national median of $80,610, placing this zip code among the top earners in the country. The per capita income of $83,937 provides insight into individual earning power.

How Much Does it Cost to Live in 11238?

Real estate market and rental conditions in Brooklyn

Home Buying

Median Home Value$1,146,000
20% Down Payment$229,200
Est. Monthly Mortgage$6,418

*Estimated at 7% APR, 30-year fixed

Renting

Median Monthly Rent$2,511
Annual Rent Cost$30,132
Rent-to-Income Ratio23%

Affordability Score

How affordable is it to live here?

0
out of 100
Highly Affordable

How is this calculated?

Based on the standard 4x annual income mortgage guideline used by lenders: (Median Income x 4) / Median Home Value, combined with the 28% rent-to-income ratio recommended by financial advisors. This is not financial advice.

Strong income-to-cost ratio makes this area financially accessible for most households.

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Age Distribution in 11238

Population breakdown by age and gender

Male
Female
Median Age (35.7 yrs)

This population pyramid shows the distribution of residents by age group and gender. The median age in 11238 is 35.7 years, which is younger than the national median of 39 years.

Who Lives in 11238? Demographics & Population

Age, diversity, and population breakdown

58,462

Total Population

35.7

Median Age

71%

College Educated

27,371

Households

11238 has a population of 58,462 residents in approximately 27,371 households. The median age of 35.7 years is younger than the national median of 39 years. With 71% of residents holding bachelor's degrees or higher, this is a highly educated community.

Diversity & Ethnicity in 11238

Racial and ethnic composition of the community

White(50%)
Black(25.1%)
Two or More(13%)
Asian(7%)
Other(4.4%)
Native American(0.4%)

Diversity Index

66

Diverse

0 = Single race, 100 = Perfect diversity

Hispanic/Latino Population

14.6%

Note: Hispanic/Latino is an ethnicity, counted separately from race

Racial Composition

White
50%
Black
25.1%
Two or More
13%
Asian
7%

The Diversity Index measures the probability that two randomly chosen residents belong to different racial groups. With a score of 66, this is a diverse community.

Education Levels in 11238

Educational attainment of adults 25 and older

College Educated (Bachelor's+)

71.2%

National average: 34.8%

High School or Higher

93.0%

National average: 88.6%

Education Breakdown

Less than HS
7%
HS Graduate
9.5%
Some College
8.4%
Associate's Degree
3.9%
Bachelor's Degree
37.6%
Graduate+
33.6%

Educational attainment data shows the highest level of education completed by residents 25 years and older. With 71.2% holding a bachelor's degree or higher, this area exceeds the national average.

What is 11238 Like? Neighborhood Profile

Community personality and lifestyle analysis

Community profile generated from Census data analysis
Community Type

Affluent Professional Community

Brooklyn's 11238 neighborhood functions as a affluent professional community.

Residents here enjoy significantly above-average household earnings.

The area attracts a mix of young professionals and established families.

This is a highly educated community with most adults holding college degrees.

Best Suited For

  • +Executives & senior professionals
  • +Dual-income families
  • +Remote workers seeking quality of life

May Not Suit

  • -Budget-conscious renters
  • -First-time buyers on limited budgets

Key Characteristics

  • Higher-than-average household incomes
  • Highly educated residents
  • Culturally diverse population
  • Competitive real estate market relative to incomes
  • Reasonable rental costs for the area

Typical Resident Profile

A typical 11238 resident is a adult in their mid-30s, renter with manageable housing costs, working in professional or executive career with advanced education.

Lifestyle

Career-focused with emphasis on quality amenities and good schools

Frequently Asked Questions

Common questions about 11238 Brooklyn, NY

The median household income in 11238 (Brooklyn, NY) is $132,957, which is 65% higher than the national median of $80,610.

The median home value in 11238 is $1,146,000. A 20% down payment would be $229,200, with an estimated monthly mortgage of $6,418 at current rates.

The median monthly rent in 11238 is $2,511, totaling $30,132 annually. This represents 23% of the median household income.

11238 in Brooklyn, New York is a prosperous, upper-middle-class neighborhood with a median age of 35.7 years. With 71% college graduates, it's a highly educated community.

The unemployment rate in 11238 is 6.5%, compared to the national rate of 4.8%. This means 93.5% of the labor force is employed.

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