The 11219 ZIP code is located in New York, N.Y., and is located within the greater New York-Newark-Jersey City metropolitan area.
Like many urban ZIP codes, it’s diminutive in terms of area, at just 1.48 square miles, but large in terms of population, with 97,670 residents. Overall, 3,008 business establishments also call this ZIP code home.
Making a home purchase in 11219
The median home value in this area, $770,700, is above the national average of $178,600.
Buyers may have to do some updating and renovating to their new home. A typical home here dates back to before 1939, compared to 1976 for the rest of the country.
Affording a home in this ZIP code may not be the only challenge. Actually finding one that suits your needs (not to mention tastes) may be an issue as well.
Data collected by the Census over the last 5 years show that the percentage of homes for sale has been below what’s been seen in the country at large, suggesting that there will be a smaller amount of inventory for buyers to choose from.
How much you’ll pay in property taxes is likely to affect how much home you can afford to buy. The median annual property taxes in the 11219 ZIP code are $4,638 a year, according to Census figures.
Another thing to consider when budgeting? Your mortgage rate. Check out rates in your area now.
What to expect when you’re renting in 11219
Those looking to rent in this area may end up paying more than they would in other parts of the country. The median rent for a two-bedroom home is $1,211 a month. That’s above the national median of $912.
For those looking for a smaller, 1-bedroom home, the median rent in the area is $1,102. For larger homes with 3 bedrooms, the median cost is $1,518. One thing to keep in mind about these figures: they’re “gross rents,” a term used by the Census to include the contract rent as well as the estimated average monthly cost of utilities and fuels.
If you don’t like driving, the 11219 ZIP code may be the place for you. Residents there are less likely to commute by car than in the rest of the country, with 26.0 percent driving to work there, compared to 85.9 percent nationally. For public transit fans, there aren’t many ZIP codes better than this one. Public transit is the most popular way to commute there, beating out driving, walking and biking.
Whichever way you get to work, expect it to take a while if you live in this ZIP. The typical commute there is 40.2 minutes, higher than the national median of 27.4 minutes.
For parents or prospective parents, school quality is always a big issue. Public schools in the 11219 ZIP code aren’t as popular as those in many other parts of the country. The percentage of K-12 students attending private school there is 65.1 percent, higher than the national average.
Educational attainment in this ZIP is behind the rest of the U.S. Residents lag behind the rest of the country when it comes to making it through college, with 11.7 percent holding at least a bachelor’s degree, compared to the national average of 18.5 percent.
Demographics and income
There is a greater proportion of older people in the 11219 ZIP code than in the nation as a whole. The median age is 27.9 years old, compared to the national median of 37.6. Folks living there are also less likely to be single than the national average.
Residents also tend to earn less than in other areas. The median household income is $35,974, compared to $53,889 for the U.S. as a whole. The average unemployment rate there between 2011 and 2015 was 6.7 percent, according to the most recent Census estimates. That was lower than the national average of 8.3 percent.
Sources: The information found on this ZIP profile comes primarily from the most recent 5-year averages from the American Community Survey produced by the U.S. Census. Mortgage rates are from Bankrate.com’s database.