Brooklyn, NY — income, home value, property tax, and sales tax.
ZIP code 11203, in Brooklyn, sits in middle-income territory, with a median household income of $67,897 and per-capita income of $36,057. Home values run high—a median of $720,400—yet the county-level effective property tax rate is just 0.70%, so the annual tax bill stays far below what that price tag might imply. Sales tax in the area totals 8.88%, adding to everyday costs. This mix of moderate earnings, expensive housing, and a low property tax rate shapes a working- to middle-class community where ownership remains costly but taxes on it are comparatively restrained.
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