HousingHandbookReference data

U.S. ZIP Code · NY11427

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

Typical home value

$783,409[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+6.8%
5-year / yr
+4.5%
10-year / yr
+5.5%

Relative price

vs U.S.
+175.8%
vs metro
+7.4%
vs state
+145.9%
ZIP 11427 location in NY
Location of ZIP 11427 in NY

Price history

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

The typical home in 11427 is worth $783,409 — 7.4% above the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 6.8%. The effective property tax rate is 0.9%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
0.9%[3]
Typical annual tax
$7,229[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
24,607[3]
Median household income
$88,980[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
4
Elementary
2
Middle
0
High
2
  • MARTIN VAN BUREN HIGH SCHOOL

    High · Grades 9–12 · NEW YORK CITY GEOGRAPHIC DISTRICT #26

    1,129 students

  • BELLAIRE SCHOOL (THE)

    Elementary · Grades PK–5 · NEW YORK CITY GEOGRAPHIC DISTRICT #29

    732 students

  • BUSINESS TECHNOLOGY EARLY COLLEGE HIGH SCHOOL

    High · Grades 9–12 · NEW YORK CITY GEOGRAPHIC DISTRICT #26

    532 students

  • PS 18 WINCHESTER

    Elementary · Grades PK–5 · NEW YORK CITY GEOGRAPHIC DISTRICT #26

    423 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 yield
Net yield (after ~40% expenses)
Annual rent

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$3,961
Loan principal$626,727
Down payment$156,682
Total interest paid$799,356

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 ratio
Monthly cost to own$5,215
Monthly rent

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
24th percentile[1]
Rental yield
[2]
Property tax
23rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 11427?
The typical home in 11427 is worth $783,409, based on the Zillow Home Value Index.
Are home values rising in 11427?
Home values in 11427 are up 6.8% over the past year, and up 4.5% a year over five years.
What is the property tax rate in 11427?
The effective property tax rate in 11427 is 0.9% — roughly $7,229 a year on a typical home.
Who lives in 11427?
ZIP code 11427 has a population of 24,607 and a median household income of $88,980.

#Comparable ZIPs

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

  • Montebello, NY

    Typical home
    $783,082
    Gross yield
    5.1%
  • West Hempstead CDP, NY

    Typical home
    $782,289
    Gross yield
  • Hauppauge CDP, NY

    Typical home
    $784,811
    Gross yield
    5.0%
  • Emerson, NJ

    Typical home
    $784,874
    Gross yield
  • New York, NY

    Typical home
    $781,770
    Gross yield
    6.7%
  • West Nyack CDP, NY

    Typical home
    $786,007
    Gross yield

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