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ZIP Code 11247

Learn about the people, housing, costs and businesses in 11247

Median Home$1,586,900
Median Rent$2,376/month
Population2,373
Leading IndustriesProfessional Services · Education · Public Administration9% professional services
Home Value Growth+4.1% over 2 years
Young Adults46% of residentstop 4% nationally
Renters90% of occupied units
NotableHighly Educated23% bachelor's · 31% graduate · top 25% nationally
ZIP Code
11247

Frequently Asked Questions

What are today's mortgage rates in ZIP code 11247?

As of today, the 30-year fixed mortgage rate for ZIP code 11247 is approximately 6.993% (7.025% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for ZIP code 11247
What is the median home price in ZIP code 11247?

The median home value in ZIP code 11247 is $1.6M. The median monthly rent is $2,376. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 11247?

Home values in ZIP code 11247 have increased 4.1% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in ZIP code 11247?

Based on a typical all-in ownership cost of $2,440/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $105k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 11247 is $57k/year.

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What industries drive the economy in ZIP code 11247?

The largest employment sectors in ZIP code 11247 are public administration (37%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

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