How much is a home worth in ZIP code 11233?

The typical home in 11233 is worth $1,003,209, based on the Zillow Home Value Index.

Are home values rising in 11233?

Home values in 11233 are up 10.4% over the past year, and up 4.1% a year over five years.

What is the typical rent in 11233?

A typical home in 11233 rents for about $3,039 a month, a gross rental yield of 3.6%.

What is the property tax rate in 11233?

The effective property tax rate in 11233 is 0.4% — roughly $3,977 a year on a typical home.

ZIP code 11233 has a population of 81,822 and a median household income of $62,411.

HousingHandbookReference data

…

U.S. ZIP Code · NY11233

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

Typical home value

$1,003,209^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +10.4%
5-year / yr: +4.1%
10-year / yr: +5.6%

Relative price

vs U.S.: +253.2%
vs metro: +37.5%
vs state: +214.9%

Price history

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

The typical home in 11233 is worth $1,003,209 — 37.5% above the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 10.4%. Homes here rent for a typical $3,039 a month — a 3.6% 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: $3,039^[2]
Gross yield: 3.6%^[2]
Cap rate: 2.2%^[2]

#Property tax

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

Effective tax rate: 0.4%^[3]
Typical annual tax: $3,977^[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: 81,822^[3]
Median household income: $62,411^[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: 19
Elementary: 11
Middle: 3
High: 2

ACHIEVEMENT FIRST BROWNSVILLE CHARTER SCHOOL
Other · Grades K–12 · ACHIEVEMENT FIRST BROWNSVILLE CHARTER SCHOOL
844 students
EAGLE ACADEMY FOR YOUNG MEN II
High · Grades 6–12 · NEW YORK CITY GEOGRAPHIC DISTRICT #23
625 students
BROOKLYN COLLEGIATE: A COLLEGE BOARD SCHOOL
High · Grades 9–12 · NEW YORK CITY GEOGRAPHIC DISTRICT #23
483 students
PS 40 GEORGE W CARVER
Elementary · Grades PK–5 · NEW YORK CITY GEOGRAPHIC DISTRICT #16
465 students
PS 21 CRISPUS ATTUCKS
Elementary · Grades PK–5 · NEW YORK CITY GEOGRAPHIC DISTRICT #16
459 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 yield3.6%

Net yield (after ~40% expenses)2.2%

Annual rent$36,469

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$5,073

Loan principal$802,567

Down payment$200,642

Total interest paid$1,023,630

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 ratio2.05

Monthly cost to own$6,243

Monthly rent$3,039

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: 20th percentile^[1]
Rental yield: 15th percentile^[2]
Property tax: 2nd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 11233?: The typical home in 11233 is worth $1,003,209, based on the Zillow Home Value Index.
Are home values rising in 11233?: Home values in 11233 are up 10.4% over the past year, and up 4.1% a year over five years.
What is the typical rent in 11233?: A typical home in 11233 rents for about $3,039 a month, a gross rental yield of 3.6%.
What is the property tax rate in 11233?: The effective property tax rate in 11233 is 0.4% — roughly $3,977 a year on a typical home.
Who lives in 11233?: ZIP code 11233 has a population of 81,822 and a median household income of $62,411.

#Comparable ZIPs

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

10570 vs 11233 →
Pleasantville, NY
Typical home
$1,003,632
Gross yield
4.4%
11804 vs 11233 →
Old Bethpage CDP, NY
Typical home
$1,003,966
Gross yield
—
11952
Mattituck CDP, NY
Typical home
$1,004,088
Gross yield
—
08502
Belle Mead CDP, NJ
Typical home
$1,000,752
Gross yield
—
07649
Oradell, NJ
Typical home
$1,000,056
Gross yield
—
10036
New York, NY
Typical home
$1,006,853
Gross yield
5.4%

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Pit ZIP 11233 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · NY11233

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