ZIP Code 11221

In Brooklyn's 11221, homes carry a median value of $1,090,100, yet the county-level effective property tax rate of 0.70% keeps annual bills lower than many other high-cost markets. That matters against a median household income of $85,736 and per-capita income of $45,898, since the gap between earnings and home prices means buyers here stretch further relative to what they bring in. Sales tax adds 8.88% at checkout, trimming day-to-day purchasing power on top of housing costs. The tax rate eases the ownership squeeze somewhat, but the underlying price of entry remains the dominant hurdle for anyone earning near these income figures.