Brooklyn, NY — income, home value, property tax, and sales tax.
In ZIP code 11220, which falls in Brooklyn, households earn a median of $69,883, or $29,077 per person. Home values there run high: the median property is worth $1,029,200, and the county-level effective property tax rate of 0.70% applies against that figure. Sales tax adds 8.88% to purchases. Balancing these, a household here faces a steep entry price for ownership alongside a comparatively gentle annual property tax bite, while everyday spending carries one of the higher combined sales tax rates.
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