How much is a home worth in ZIP code 11221?

The typical home in 11221 is worth $1,078,601, based on the Zillow Home Value Index.

Are home values rising in 11221?

Home values in 11221 are up 8.7% over the past year, and up 2.6% a year over five years.

What is the typical rent in 11221?

A typical home in 11221 rents for about $3,405 a month, a gross rental yield of 3.8%.

What is the property tax rate in 11221?

The effective property tax rate in 11221 is 0.4% — roughly $4,205 a year on a typical home.

ZIP code 11221 has a population of 91,588 and a median household income of $85,736.

HousingHandbookReference data

…

U.S. ZIP Code · NY11221

Kings County · New York-Newark-Jersey City, NY-NJ

Typical home value

$1,078,601^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +8.7%
5-year / yr: +2.6%
10-year / yr: +4.3%

Relative price

vs U.S.: +279.7%
vs metro: +47.8%
vs state: +238.5%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 11221 is worth $1,078,601 — 47.8% above the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 8.7%. Homes here rent for a typical $3,405 a month — a 3.8% gross rental yield. The effective property tax rate is 0.4%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $3,405^[2]
Gross yield: 3.8%^[2]
Cap rate: 2.3%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.4%^[3]
Typical annual tax: $4,205^[3]

#Climate risk

FEMA National Risk Index ratings for Kings County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Very High
Coastal flood: Relatively High
Wildfire: Very Low
Drought: Very Low
Heat wave: Very High
Hurricane: Relatively High
Tornado: Relatively High
Earthquake: Relatively High
Winter weather: Very High

#Who lives here

Population: 91,588^[3]
Median household income: $85,736^[3]

#Migration

Household moves in and out of Kings County over a year, from IRS tax-return data.

Net migration: -11,517^[5]
Moved in: 66,853
Moved out: 78,370

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 33
Elementary: 16
Middle: 7
High: 8

EXCELLENCE GIRLS CHARTER SCHOOL
Other · Grades K–12 · EXCELLENCE GIRLS CHARTER SCHOOL
876 students
ACHIEVEMENT FIRST NORTH BROOKLYN PREPARATORY CHARTER SCHOOL
Elementary · Grades K–8 · ACHIEVEMENT FIRST NORTH BROOKLYN PREPARATORY CHARTER SCHOOL
835 students
BUSHWICK ASCEND CHARTER SCHOOL
Elementary · Grades K–8 · BUSHWICK ASCEND CHARTER SCHOOL
771 students
UNITY PREPARATORY CHARTER SCHOOL OF BROOKLYN
High · Grades 6–12 · UNITY PREPARATORY CHARTER SCHOOL OF BROOKLYN
558 students
BROOKLYN EXCELSIOR CHARTER SCHOOL
Elementary · Grades K–8 · BROOKLYN EXCELSIOR CHARTER SCHOOL
557 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield3.8%

Net yield (after ~40% expenses)2.3%

Annual rent$40,865

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$5,454

Loan principal$862,881

Down payment$215,720

Total interest paid$1,100,557

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.97

Monthly cost to own$6,703

Monthly rent$3,405

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 13th percentile^[1]
Rental yield: 17th percentile^[2]
Property tax: 2nd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 11221?: The typical home in 11221 is worth $1,078,601, based on the Zillow Home Value Index.
Are home values rising in 11221?: Home values in 11221 are up 8.7% over the past year, and up 2.6% a year over five years.
What is the typical rent in 11221?: A typical home in 11221 rents for about $3,405 a month, a gross rental yield of 3.8%.
What is the property tax rate in 11221?: The effective property tax rate in 11221 is 0.4% — roughly $4,205 a year on a typical home.
Who lives in 11221?: ZIP code 11221 has a population of 91,588 and a median household income of $85,736.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

07452 vs 11221 →
Glen Rock, NJ
Typical home
$1,078,676
Gross yield
—
07069 vs 11221 →
Watchung, NJ
Typical home
$1,082,185
Gross yield
—
07079
NJ
Typical home
$1,084,443
Gross yield
3.6%
11358
New York, NY
Typical home
$1,069,505
Gross yield
2.9%
11021
Great Neck Estates, NY
Typical home
$1,088,745
Gross yield
4.5%
07401
Allendale, NJ
Typical home
$1,089,752
Gross yield
—

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#Jump to section

U.S. ZIP Code · NY11221

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