ZIP Code 11417

In Brooklyn's 11417 ZIP code, homes carry a median value of $746,100, and the county-level effective property tax rate of 0.87% translates into a yearly bill of roughly $6,500. With median household income at $87,006, that levy absorbs a noticeable share of earnings, even though the rate itself stays below one percent. Per-capita income of $35,488 underscores the gap between what households bring in and what local housing costs. Add an 8.88% combined sales tax on everyday purchases, and the overall cost of living here tilts heavily toward those who already own property.