Brooklyn, NY — income, home value, property tax, and sales tax.
In ZIP code 11224, within Brooklyn, households earn a median of $43,648, while per-capita income sits at $29,326. Homes here carry a median value of $523,900, and the county-level effective property tax rate is 0.70%. Sales tax adds 8.88% to purchases. That combination means a household earning around the median faces a home price more than ten times its annual income, alongside two separate tax streams: one tied to property and one collected at checkout. The gap between the median home value and median earnings shapes how far each dollar stretches across housing, goods, and daily expenses.
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