ZIP Code 11201

In Brooklyn’s 11201, homes carry a median value of $1,110,700, and the county-level effective property tax rate of 0.70% works out to roughly $7,775 a year. Households here earn a median of $173,136, with per-capita income at $121,559, so that tax bill equals about 4.5% of median household earnings. High home values paired with a low rate keep the annual obligation from overwhelming paychecks. Sales tax adds 8.88% at checkout. Ownership in this ZIP demands substantial income, yet the property tax itself stays a contained share of what residents bring in.