Brooklyn, NY — income, home value, property tax, and sales tax.
In ZIP 11216, part of Brooklyn, households earn a median of $101,277, or $61,212 per person. That income meets a housing market where the median home value reaches $1,293,700. County property taxes apply at an effective rate of 0.70%, and purchases carry a combined sales tax of 8.88%. Together these figures sketch a high-cost setting: steep home prices shape the property tax bill even at a low rate, while the sales tax adds to everyday spending. Income here is solid, yet the gap between earnings and home values defines the financial landscape.
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