Home Affordability in 11101
Long Island City, NY — Queens County
The median home price in ZIP code 11101 (Long Island City) is $625,000 with a median household income of $65,000. The price-to-income ratio is 9.6x.
Median Home Price
$625,000
Median Income
$65,000
Price-to-Income
9.6x
Est. Affordable Home
$253,000
Property Tax Rate
0.89%
Annual Property Tax
$5,563
Cost of Living
148
Metro Area
New York MSA
Down Payment Scenarios for ZIP 11101
| Down Payment | Amount | Loan Amount | PMI |
|---|---|---|---|
| 3% | $18,750 | $606,250 | Yes |
| 5% | $31,250 | $593,750 | Yes |
| 10% | $62,500 | $562,500 | Yes |
| 20% | $125,000 | $500,000 | No |
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