11416, Ozone Park, NY

The 11416 zip code of Ozone Park, NY has a median home value of $191,000. This is higher than the median home value in the rest of Nassau County ($157,500) and the state of New York ($179,000). The 11416 zip code also has a higher percentage of homes with a mortgage (44%) than the rest of Nassau County (35%) or the state of New York (31%).

One factor that may contribute to this high home value is that Ozone Park is a well-educated area. Over 40% of adults in the 11416 zip code have at least a bachelor's degree, which is more than double the rate for both Nassau County and New York as a whole. Additionally, there are many affluent families in Ozone Park. The average family income in the 11416 zip code is $173,000, which is more than triple the statewide average. This high level of income may be one reason why so many homes in Ozone Park are owned by people who can afford to pay high prices for property.