How much is a home worth in ZIP code 11228?

The typical home in 11228 is worth $1,192,140, based on the Zillow Home Value Index.

Are home values rising in 11228?

Home values in 11228 are up 4.5% over the past year, and up 3.7% a year over five years.

What is the typical rent in 11228?

A typical home in 11228 rents for about $2,852 a month, a gross rental yield of 2.9%.

What is the property tax rate in 11228?

The effective property tax rate in 11228 is 0.7% — roughly $8,058 a year on a typical home.

ZIP code 11228 has a population of 42,241 and a median household income of $83,665.

HousingHandbookReference data

…

U.S. ZIP Code · NY11228

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

Typical home value

$1,192,140^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +4.5%
5-year / yr: +3.7%
10-year / yr: +3.6%

Relative price

vs U.S.: +319.7%
vs metro: +63.4%
vs state: +274.2%

Price history

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

The typical home in 11228 is worth $1,192,140 — 63.4% above the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 4.5%. Homes here rent for a typical $2,852 a month — a 2.9% 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: $2,852^[2]
Gross yield: 2.9%^[2]
Cap rate: 1.7%^[2]

#Property tax

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

Effective tax rate: 0.7%^[3]
Typical annual tax: $8,058^[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: 42,241^[3]
Median household income: $83,665^[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: 6
Elementary: 4
Middle: 2
High: 0

JHS 259 WILLIAM MCKINLEY
Middle · Grades 6–8 · NEW YORK CITY GEOGRAPHIC DISTRICT #20
1,724 students
MADELEINE BRENNAN SCHOOL (THE)
Middle · Grades 6–8 · NEW YORK CITY GEOGRAPHIC DISTRICT #20
1,591 students
PS 229 DYKER
Elementary · Grades PK–8 · NEW YORK CITY GEOGRAPHIC DISTRICT #20
1,126 students
PS 204 VINCE LOMBARDI
Elementary · Grades PK–5 · NEW YORK CITY GEOGRAPHIC DISTRICT #20
1,008 students
PS 112 LEFFERTS PARK
Elementary · Grades PK–5 · NEW YORK CITY GEOGRAPHIC DISTRICT #20
744 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 yield2.9%

Net yield (after ~40% expenses)1.7%

Annual rent$34,220

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$6,028

Loan principal$953,712

Down payment$238,428

Total interest paid$1,216,407

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 ratio2.70

Monthly cost to own$7,697

Monthly rent$2,852

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: 17th percentile^[1]
Rental yield: 3rd percentile^[2]
Property tax: 11th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 11228?: The typical home in 11228 is worth $1,192,140, based on the Zillow Home Value Index.
Are home values rising in 11228?: Home values in 11228 are up 4.5% over the past year, and up 3.7% a year over five years.
What is the typical rent in 11228?: A typical home in 11228 rents for about $2,852 a month, a gross rental yield of 2.9%.
What is the property tax rate in 11228?: The effective property tax rate in 11228 is 0.7% — roughly $8,058 a year on a typical home.
Who lives in 11228?: ZIP code 11228 has a population of 42,241 and a median household income of $83,665.

#Comparable ZIPs

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

10128 vs 11228 →
New York, NY
Typical home
$1,188,677
Gross yield
4.1%
11939 vs 11228 →
East Marion CDP, NY
Typical home
$1,199,315
Gross yield
—
07624
Closter, NJ
Typical home
$1,182,152
Gross yield
5.0%
11791
Syosset CDP, NY
Typical home
$1,182,122
Gross yield
4.7%
11216
New York, NY
Typical home
$1,203,166
Gross yield
3.4%
07046
Mountain Lakes, NJ
Typical home
$1,205,408
Gross yield
—

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#Jump to section

U.S. ZIP Code · NY11228

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