Brooklyn, NY — income, home value, property tax, and sales tax.
In ZIP code 11416, which falls within Brooklyn, households earn a median of $81,188, while per-capita income sits at $42,950. Homes here carry a median value of $740,500, and the county-level property tax rate of 0.87% applies against that figure. Sales taxes add 8.88% to purchases across the area. Together, these figures sketch a local economy where incomes trail home values by a wide margin, and where ongoing costs include both a property levy tied to ownership and a sales levy that touches everyday spending.
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