Brooklyn, NY — income, home value, property tax, and sales tax.
In ZIP code 11212, which covers part of Brooklyn, households earn a median of $41,355, while per-capita income comes to $22,518. A median home value of $570,200 sits well above what those earnings might support, and the county-level property tax rate of 0.70% applies to that valuation. Sales taxes add 8.88% to most purchases. Together, the two taxes pull at a budget already stretched by housing costs, since income here trails the home prices and the combined tax load leaves less room for other expenses.
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