Brooklyn, NY — income, home value, property tax, and sales tax.
In Brooklyn's 11207 ZIP code, median household income of $56,523 and per-capita income of $29,948 place the area in working-class to middle-income territory. Home values are high by national standards, with a median of $656,600, yet the county-level effective property tax rate of 0.70% keeps annual bills lower than many homeowners elsewhere might expect. Sales tax adds 8.88% to purchases. Together these figures sketch a community where earning power trails the citywide picture but property ownership still carries meaningful value, and where everyday spending faces a sales tax rate above the national average.
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