Tax Burden in ZIP Code 11201

Brooklyn, NYKings County

At the median income of $62,000, the estimated total tax burden in ZIP 11201 is $20,410 (32.9% effective rate), including federal income tax, FICA, and property tax.

Federal Tax (est.)

$8,680

FICA

$4,743

Property Tax

$6,987

Total Tax Burden

$20,410

32.9% effective

Tax Details for ZIP 11201

ZIP code 11201 is located in Kings County, NY, within the New York MSA metropolitan area. The area has a cost of living index of 168 (100 = national average), making it more expensive than most parts of the country.

The effective property tax rate is 0.89%. On the median home price of $785,000, this equals $6,987 per year ($582/month).

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