How much is a home worth in ZIP code 11223?

The typical home in 11223 is worth $1,050,837, based on the Zillow Home Value Index.

Are home values rising in 11223?

Home values in 11223 are up 4.1% over the past year, and up 3.4% a year over five years.

What is the typical rent in 11223?

A typical home in 11223 rents for about $2,799 a month, a gross rental yield of 3.2%.

What is the property tax rate in 11223?

The effective property tax rate in 11223 is 0.7% — roughly $6,954 a year on a typical home.

ZIP code 11223 has a population of 78,093 and a median household income of $63,368.

HousingHandbookReference data

…

U.S. ZIP Code · NY11223

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

Typical home value

$1,050,837^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +4.1%
5-year / yr: +3.4%
10-year / yr: +3.9%

Relative price

vs U.S.: +269.9%
vs metro: +44.0%
vs state: +229.8%

Price history

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

The typical home in 11223 is worth $1,050,837 — 44.0% above the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 4.1%. Homes here rent for a typical $2,799 a month — a 3.2% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

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

Monthly rent: $2,799^[2]
Gross yield: 3.2%^[2]
Cap rate: 1.9%^[2]

#Property tax

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

Effective tax rate: 0.7%^[3]
Typical annual tax: $6,954^[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: 78,093^[3]
Median household income: $63,368^[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: 8
Elementary: 5
Middle: 1
High: 1

JOHN DEWEY HIGH SCHOOL
High · Grades 9–12 · NEW YORK CITY GEOGRAPHIC DISTRICT #21
2,186 students
IS 228 DAVID A BOODY
Middle · Grades 6–8 · NEW YORK CITY GEOGRAPHIC DISTRICT #21
1,549 students
PS 95 GRAVESEND (THE)
Elementary · Grades K–8 · NEW YORK CITY GEOGRAPHIC DISTRICT #21
941 students
PS 216 ARTURO TOSCANINI
Elementary · Grades PK–5 · NEW YORK CITY GEOGRAPHIC DISTRICT #21
723 students
PS 215 MORRIS H WEISS
Elementary · Grades PK–5 · NEW YORK CITY GEOGRAPHIC DISTRICT #21
715 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 yield3.2%

Net yield (after ~40% expenses)1.9%

Annual rent$33,591

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$5,314

Loan principal$840,670

Down payment$210,167

Total interest paid$1,072,228

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 ratio2.42

Monthly cost to own$6,767

Monthly rent$2,799

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: 16th percentile^[1]
Rental yield: 7th percentile^[2]
Property tax: 10th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 11223?: The typical home in 11223 is worth $1,050,837, based on the Zillow Home Value Index.
Are home values rising in 11223?: Home values in 11223 are up 4.1% over the past year, and up 3.4% a year over five years.
What is the typical rent in 11223?: A typical home in 11223 rents for about $2,799 a month, a gross rental yield of 3.2%.
What is the property tax rate in 11223?: The effective property tax rate in 11223 is 0.7% — roughly $6,954 a year on a typical home.
Who lives in 11223?: ZIP code 11223 has a population of 78,093 and a median household income of $63,368.

#Comparable ZIPs

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

07092 vs 11223 →
Mountainside, NJ
Typical home
$1,051,360
Gross yield
—
11206 vs 11223 →
New York, NY
Typical home
$1,051,451
Gross yield
4.4%
07932
Florham Park, NJ
Typical home
$1,052,822
Gross yield
—
07652
Paramus, NJ
Typical home
$1,053,110
Gross yield
5.7%
10006
New York, NY
Typical home
$1,055,615
Gross yield
5.1%
08558
Skillman CDP, NJ
Typical home
$1,045,302
Gross yield
—

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#Jump to section

U.S. ZIP Code · NY11223

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