The 11236 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 relatively small territory, at just 3.60 square miles, but large in terms of population, with 98,276 residents. There are also 996 business establishments residing in this ZIP code.
Buying a home in 11236
With a median home value of $470,900 compared to the national average of $178,600, prices for homes in this area are likely to be higher than in the national as a whole.
There may be a long list of renovations and updates for buyers to tackle once they move in. The area’s housing stock is older than in the rest of the country; a typical house here was built in 1962, making the median home 55 years old, compared to 41 for the entire entire country.
Paying for 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.
Over the last 5 years, Census data shows that the proportion of homes up for sale has been less than in the nation as a whole, suggesting that there will be a smaller amount of inventory for buyers to choose from.
Property taxes are always something to consider when budgeting for a home purchase. The median annual property taxes in this ZIP code are $3,478 a year, according to Census figures.
Something else to consider when figuring out your budget? What type of mortgage rate you get. Check out rates in your area now.
The rental cost picture in 11236
Those seeking a rental 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 $1,267 a month, more than the national median of $912.
For those hunting for a smaller, 1-bedroom home, the median rent in the area is $1,081. For larger homes with 3 bedrooms, the median cost is $1,580. One thing to note: all of these figures here are “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 11236 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 39.5 percent driving to work there versus 85.9 percent in the entire U.S.. For fans of public transit, this ZIP has a lot to offer. Public transit is the most used method to get to work there, beating out driving, walking and biking.
However you like to get to work, expect it to take a while if you live in this ZIP. The typical commute there is 49.8 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 11236 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 12.7 percent, higher than the national average.
Educational attainment in this ZIP trails behind the rest of the U.S. Residents lag behind the rest of the country when it comes to graduating college., with 16.5 percent holding at least a bachelor’s degree, compared to the national average of 18.5 percent.
Demographics and income
Those living in the 11236 ZIP code are more advanced in age than the nation as a whole. The median age is 37.5 years old, compared to the national median of 37.6. People living there are also more likely to be single than the national average.
Residents also tend to make more money than in other areas. The median household income is $58,705, compared to $53,889 for the U.S. as a whole. According to the most recent Census data, the number of jobless residents averaged 9.8 percent between 2011 and 2015. That was above the national average of 8.3 percent.
Sources: The information found on this ZIP profile comes principally 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.