Brooklyn, NY — income, home value, property tax, and sales tax.
In Brooklyn's 11209 ZIP code, homes carry a median value of $872,100, and the county's 0.70% effective property tax rate yields an annual bill of roughly $6,100. Households here earn a median of $93,854, with per-capita income at $56,045, so that tax equals about 6.5% of median household earnings — a real cost, though softened by incomes well above national norms. Day-to-day purchases also carry an 8.88% combined sales tax. High property values and solid earnings coexist, but the gap between home prices and income keeps ownership a stretch for many buyers.
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