ZIP Code 11229

In Brooklyn's 11229, homes carry a median value of $818,900, yet the county's 0.70% effective property tax rate keeps annual bills lower than many other parts of the New York metro. Households earning a median of $70,603 devote a meaningful share of income toward that tax, even at this rate. Per-capita income sits at $40,211. Day-to-day costs add pressure too, with the combined sales tax reaching 8.88%. Together, these figures show a market where high property values and everyday expenses weigh against moderate earnings, shaping how far a paycheck stretches for those living here.