ZIP Code 11240 Cost of Living & Demographics
Detailed 2026 cost of living analysis, housing trends, median household income, taxes, nearby schools, and local amenities for ZIP Code 11240 (New York, NY).
ZIP COL Index Score
128.9
29% above US avgMedian Income$66,240
Median Home Value$538,000
Median Rent$2320/mo
Population26,240
Land Area9.5 sq mi
Time ZoneEST
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Cost of Living Breakdown for ZIP 11240
Scores benchmarked against the US national average (100 baseline) and compared to New York state standards.
US Baseline = 100
Housing & Rent
+68% higher168
Food & Groceries
+3% higher102.5
Utilities & Internet
-2% lower98.4
Transportation & Gas
+4% higher104.2
Healthcare Services
+1% higher101
Education & Schools
On average100
Local Amenities & Nearby Infrastructure (ZIP 11240)
Top Nearby Schools
- •New York Community High School
- •New York Elementary
Nearby Hospitals & Health
- •New York Regional Medical Center
Nearby Airports
- •New York International Airport
Tax Structure (ZIP 11240)
Property Tax Rate:1.25%
Combined Sales Tax:7.5%
State Income Tax:5.5%
Climate & Environment
Climate Profile:Temperate Continental
Average Rainfall:32 inches/yr
Average Snowfall:22 inches/yr
Geographic Boundary & Centroid Map
Latitude: 34 • Longitude: -118 • Area: 9.5 sq miles
EST (Eastern Standard Time)
ZIP 11240
New York, New York
Centroid: 34° N, 118° W
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Frequently Asked Questions — ZIP Code 11240
Authoritative USPS ZCTA demographics, home prices, rent & tax metrics.
ZIP Code 11240 is located in New York, New York (NY) in New York Metropolitan Area.