ZIP Code 11231

ZIP code 11231, in Brooklyn, ranks among the more affluent areas, with a median household income of $139,930 and per-capita income of $100,202. Home values are steep: the median sits at $1,611,200, yet the county-level effective property tax rate of 0.70% keeps annual bills lower than many suburbs charge. That combination of high values and a low rate means property taxes stay contained even as sales taxes reach 8.88% on purchases. Households here absorb a heavier consumption-tax cost day to day while carrying property-tax bills that, against seven-figure home values, remain comparatively restrained.