How much is a home worth in ZIP code 11229?

The typical home in 11229 is worth $763,543, based on the Zillow Home Value Index.

Are home values rising in 11229?

Home values in 11229 are up 2.6% over the past year, and up 0.4% a year over five years.

What is the typical rent in 11229?

A typical home in 11229 rents for about $2,565 a month, a gross rental yield of 4.0%.

What is the property tax rate in 11229?

The effective property tax rate in 11229 is 0.7% — roughly $5,523 a year on a typical home.

ZIP code 11229 has a population of 78,377 and a median household income of $70,603.

HousingHandbookReference data

…

U.S. ZIP Code · NY11229

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

Typical home value

$763,543^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.6%
5-year / yr: +0.4%
10-year / yr: +2.5%

Relative price

vs U.S.: +168.8%
vs metro: +4.7%
vs state: +139.7%

Price history

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

The typical home in 11229 is worth $763,543 — 4.7% above the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 2.6%. Homes here rent for a typical $2,565 a month — a 4.0% 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: $2,565^[2]
Gross yield: 4.0%^[2]
Cap rate: 2.4%^[2]

#Property tax

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

Effective tax rate: 0.7%^[3]
Typical annual tax: $5,523^[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: 78,377^[3]
Median household income: $70,603^[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: 2
High: 1

JAMES MADISON HIGH SCHOOL
High · Grades 9–12 · NEW YORK CITY GEOGRAPHIC DISTRICT #22
3,766 students
PS 206 JOSEPH F LAMB
Elementary · Grades K–8 · NEW YORK CITY GEOGRAPHIC DISTRICT #22
1,534 students
JHS 234 ARTHUR W CUNNINGHAM
Middle · Grades 6–8 · NEW YORK CITY GEOGRAPHIC DISTRICT #22
1,403 students
JHS 278 MARINE PARK
Middle · Grades 6–8 · NEW YORK CITY GEOGRAPHIC DISTRICT #22
935 students
PS 255 BARBARA REING SCHOOL
Elementary · Grades K–5 · NEW YORK CITY GEOGRAPHIC DISTRICT #22
809 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 yield4.0%

Net yield (after ~40% expenses)2.4%

Annual rent$30,775

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$3,861

Loan principal$610,834

Down payment$152,709

Total interest paid$779,085

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 ratio1.93

Monthly cost to own$4,955

Monthly rent$2,565

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: 8th percentile^[1]
Rental yield: 20th percentile^[2]
Property tax: 14th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 11229?: The typical home in 11229 is worth $763,543, based on the Zillow Home Value Index.
Are home values rising in 11229?: Home values in 11229 are up 2.6% over the past year, and up 0.4% a year over five years.
What is the typical rent in 11229?: A typical home in 11229 rents for about $2,565 a month, a gross rental yield of 4.0%.
What is the property tax rate in 11229?: The effective property tax rate in 11229 is 0.7% — roughly $5,523 a year on a typical home.
Who lives in 11229?: ZIP code 11229 has a population of 78,377 and a median household income of $70,603.

#Comparable ZIPs

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

07981 vs 11229 →
Whippany CDP, NJ
Typical home
$761,976
Gross yield
—
11419 vs 11229 →
New York, NY
Typical home
$761,673
Gross yield
—
11940
East Moriches CDP, NY
Typical home
$761,189
Gross yield
—
07980
Stirling CDP, NJ
Typical home
$761,137
Gross yield
—
11790
Stony Brook CDP, NY
Typical home
$766,354
Gross yield
7.8%
11767
Nesconset CDP, NY
Typical home
$760,380
Gross yield
—

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 11229 against any other ZIP — full side-by-side table.

Compare 11229 →

#Jump to section

U.S. ZIP Code · NY11229

Get more data on ZIPs like this

Get more data on ZIPs like this