HousingHandbookReference data

U.S. ZIP Code · NY11421

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

Typical home value

$732,941[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.4%
5-year / yr
+2.7%
10-year / yr
+4.8%

Relative price

vs U.S.
+158.0%
vs metro
≈ metro median
vs state
+130.1%
ZIP 11421 location in NY
Location of ZIP 11421 in NY

Price history

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

The typical home in 11421 is worth $732,941. Over the past year, values have risen 4.4%. Homes here rent for a typical $2,300 a month — a 3.8% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

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

Monthly rent
$2,300[2]
Gross yield
3.8%[2]
Cap rate
2.3%[2]

#Property tax

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

Effective tax rate
0.8%[3]
Typical annual tax
$6,157[3]

#Climate risk

FEMA National Risk Index ratings for Queens County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Very High
Coastal flood
Very 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
40,612[3]
Median household income
$90,685[3]

#Migration

Household moves in and out of Queens County over a year, from IRS tax-return data.

Net migration
-17,613[5]
Moved in
48,983
Moved out
66,596

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
3
Elementary
3
Middle
0
High
0
  • PS 60 WOODHAVEN

    Elementary · Grades PK–5 · NEW YORK CITY GEOGRAPHIC DISTRICT #27

    980 students

  • PS 97 FOREST PARK

    Elementary · Grades PK–5 · NEW YORK CITY GEOGRAPHIC DISTRICT #27

    570 students

  • NEW YORK CITY ACADEMY FOR DISCOVERY

    Elementary · Grades PK–5 · NEW YORK CITY GEOGRAPHIC DISTRICT #27

    344 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.

Gross yield3.8%
Net yield (after ~40% expenses)2.3%
Annual rent$27,597

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.

Monthly payment$3,706
Loan principal$586,353
Down payment$146,588
Total interest paid$747,861

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.

Own : rent ratio2.10
Monthly cost to own$4,830
Monthly rent$2,300

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
13th percentile[1]
Rental yield
16th percentile[2]
Property tax
20th percentile[3]

Frequently asked

How much is a home worth in ZIP code 11421?
The typical home in 11421 is worth $732,941, based on the Zillow Home Value Index.
Are home values rising in 11421?
Home values in 11421 are up 4.4% over the past year, and up 2.7% a year over five years.
What is the typical rent in 11421?
A typical home in 11421 rents for about $2,300 a month, a gross rental yield of 3.8%.
What is the property tax rate in 11421?
The effective property tax rate in 11421 is 0.8% — roughly $6,157 a year on a typical home.
Who lives in 11421?
ZIP code 11421 has a population of 40,612 and a median household income of $90,685.

#Comparable ZIPs

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

  • Tappan CDP, NY

    Typical home
    $732,174
    Gross yield
  • New York, NY

    Typical home
    $733,824
    Gross yield
  • Lebanon, NJ

    Typical home
    $733,919
    Gross yield
  • New Milford, NJ

    Typical home
    $731,042
    Gross yield
    6.9%
  • NJ

    Typical home
    $735,042
    Gross yield
  • Parsippany CDP, NJ

    Typical home
    $735,080
    Gross yield
    4.5%

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