How much is a home worth in ZIP code 11224?

The typical home in 11224 is worth $552,372, based on the Zillow Home Value Index.

Are home values rising in 11224?

Home values in 11224 are up 3.8% over the past year, and down 2.0% a year over five years.

What is the typical rent in 11224?

A typical home in 11224 rents for about $3,298 a month, a gross rental yield of 7.2%.

What is the property tax rate in 11224?

The effective property tax rate in 11224 is 0.4% — roughly $2,367 a year on a typical home.

ZIP code 11224 has a population of 50,822 and a median household income of $43,648.

HousingHandbookReference data

…

U.S. ZIP Code · NY11224

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

Typical home value

$552,372^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +3.8%
5-year / yr: -2.0%
10-year / yr: +5.9%

Relative price

vs U.S.: +94.5%
vs metro: -24.3%
vs state: +73.4%

Price history

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

The typical home in 11224 is worth $552,372 — 24.3% below the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 3.8%. Homes here rent for a typical $3,298 a month — a 7.2% 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: $3,298^[2]
Gross yield: 7.2%^[2]
Cap rate: 4.3%^[2]

#Property tax

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

Effective tax rate: 0.4%^[3]
Typical annual tax: $2,367^[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: 50,822^[3]
Median household income: $43,648^[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: 11
Elementary: 5
Middle: 2
High: 2

CONEY ISLAND PREPARATORY PUBLIC CHARTER SCHOOL
Other · Grades K–12 · CONEY ISLAND PREPARATORY PUBLIC CHARTER SCHOOL
1,332 students
MARK TWAIN IS 239 FOR THE GIFTED AND TALENTED
Middle · Grades 6–8 · NEW YORK CITY GEOGRAPHIC DISTRICT #21
1,211 students
PS 100 CONEY ISLAND SCHOOL (THE)
Elementary · Grades PK–5 · NEW YORK CITY GEOGRAPHIC DISTRICT #21
603 students
RACHEL CARSON HIGH SCHOOL FOR COASTAL STUDIES
High · Grades 9–12 · NEW YORK CITY GEOGRAPHIC DISTRICT #21
589 students
PS 288 SHIRLEY TANYHILL (THE)
Elementary · Grades PK–8 · NEW YORK CITY GEOGRAPHIC DISTRICT #21
469 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 yield7.2%

Net yield (after ~40% expenses)4.3%

Annual rent$39,573

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$2,793

Loan principal$441,897

Down payment$110,474

Total interest paid$563,616

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 ratio1.05

Monthly cost to own$3,451

Monthly rent$3,298

Owning and renting are roughly even.

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: 4th percentile^[1]
Rental yield: 92nd percentile^[2]
Property tax: 2nd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 11224?: The typical home in 11224 is worth $552,372, based on the Zillow Home Value Index.
Are home values rising in 11224?: Home values in 11224 are up 3.8% over the past year, and down 2.0% a year over five years.
What is the typical rent in 11224?: A typical home in 11224 rents for about $3,298 a month, a gross rental yield of 7.2%.
What is the property tax rate in 11224?: The effective property tax rate in 11224 is 0.4% — roughly $2,367 a year on a typical home.
Who lives in 11224?: ZIP code 11224 has a population of 50,822 and a median household income of $43,648.

#Comparable ZIPs

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

10805 vs 11224 →
New Rochelle, NY
Typical home
$552,178
Gross yield
6.5%
07008 vs 11224 →
Carteret, NJ
Typical home
$551,751
Gross yield
5.3%
07442
Pompton Lakes, NJ
Typical home
$551,267
Gross yield
—
07878
Mount Tabor CDP, NJ
Typical home
$550,819
Gross yield
—
11377
New York, NY
Typical home
$550,792
Gross yield
6.3%
07403
Bloomingdale, NJ
Typical home
$549,771
Gross yield
—

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#Jump to section

U.S. ZIP Code · NY11224

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