Housing Insights for ZIP Code 11433 (Jamaica, NY)

Housing Summary for ZIP Code 11433

Homeowners

The median home value in ZIP Code 11433 (Jamaica, NY) is $437,300. Approximately 44.3% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 4.8%.

The average occupancy of owner-occupied units in ZIP Code 11433 is 3.98 occupants, while owner-occupied units have an aggregate average size of 2.59 bedrooms per housing unit.

Renters

In the 11433 ZIP Code, an estimated 55.7% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 3.1%.

Among renter-occupied units in this ZIP, the average occupancy is 3.08 occupants, while renters in this Queens County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 11433

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 11433.

ZIP 11433 New York U.S.
Median Home Value $437,300 $487,737 $356,002
Owner-Occupied Housing Units 44.3% 53.9% 64.0%
Homeowner Vacancy Rate 4.8% 1.7% 1.6%
Average Size of Owner-Occupied Unit 3.98 2.74 2.70
Average # of Bedrooms Per Unit 2.59 2.48 2.75
Median Housing Rent $0 $1,280 $1,062
Renter-Occupied Housing Units 55.7% 46.1% 36.0%
Rental Vacancy Rate 3.1% 4.2% 6.0%
Average Size of Renter-Occupied Unit 3.08 2.41 2.49
Percent of Income Spent on Rent 0% 30.25% 29.83%

Home Values in ZIP Code 11433 (Jamaica, NY)

The median home value in ZIP Code 11433 is $437,300. That median value is about 39% higher than the median home value of $313,700 in New York overall, and is 101% higher than the $217,500 the median home value in the entire U.S. About 55.6% of homes in ZIP Code 11433 are valued $300,000 to $499,999. That is 143% higher than in New York, in which 22.9% of homes are valued at $300,000 to $499,999, and is about 188% higher than in the U.S. overall (19.3% of homes valued at $300,000 to $499,999). The home value range that the smallest portion of ZIP Code 11433 homes fall into is $150,000 to $199,999 (0.7% of homes).

Home Values in ZIP Code 11433

This chart visualizes the breakdown of home values in ZIP Code 11433, New York, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 11433 vs. home values in both the state of New York and in the U.S. overall.

Home Values in ZIP Code 11433

See the table below for a regional comparison of home values in ZIP Code 11433.

Home Value ZIP 11433 New York U.S.
Less than $50,000 2.6% 4.4% 6.9%
$50,000 to $99,999 2.7% 9.9% 12.0%
$100,000 to $149,999 1.4% 10.8% 13.3%
$150,000 to $199,999 0.7% 9.6% 14.0%
$200,000 to $299,999 8.1% 13.6% 19.6%
$300,000 to $499,999 55.6% 22.9% 19.3%
$500,000 to $999,999 26.5% 21.2% 11.4%
$1,000,000 or more 2.6% 7.7% 3.4%

Home Ages in ZIP Code 11433 (Jamaica, NY)

Approximately 29.0% of homes in this Jamaica, NY region were built in 1939 or earlier. This amount of homes built in 1939 or earlier in ZIP Code 11433 is about 10% lower than percentage of homes built in this time period in New York overall (32.1% of homes), and is 130% higher the percentage (12.6% of homes) in the U.S. as a whole. Additionally, an esimated 16.3% of local homes were built in 1950 to 1959. On the other end of the scale, just 0.3% of homes in this Queens County ZIP Code were built in 2014 or later in ZIP Code 11433. In comparison, 1.1% of homes in New York overall were built in 2014 or later, while 2.5% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 11433

A detailed regional comparison of home ages in ZIP Code 11433.

Year Built ZIP 11433 New York U.S.
2014 or later 0.3% 1.1% 2.5%
2010 to 2013 0.7% 1.6% 2.7%
2000 to 2009 8.1% 6.3% 14.0%
1990 to 1999 9.1% 6.2% 13.9%
1980 to 1989 5.8% 7.5% 13.4%
1970 to 1979 7.7% 9.9% 15.2%
1960 to 1969 10.5% 12.5% 10.6%
1950 to 1959 16.3% 14.7% 10.3%
1940 to 1949 12.6% 8.1% 4.9%
1939 or earlier 29.0% 32.1% 12.6%

Age of Homes in ZIP Code 11433

See the chart below for details on the age of homes in ZIP Code 11433, New York, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 11433

Frequently asked questions about housing in this Jamaica, NY ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 11433.

1

What is the average home value ZIP Code 11433?

The median home value in ZIP Code 11433 (Jamaica, NY) is $437,300.
2

Are homes expensive in ZIP Code 11433?

The median home value in 11433 ($437,300) is an estimated 39% higher than the aggregate median value of $313,700 in New York, and is 101% higher than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 11433?

The vacacy rate for owner-occupied housing in ZIP Code 11433 is 4.8%. This rate is 182% higher than the overall New York owner-occupied vacancy rate of 1.7%. Additionally, the 11433 vacancy rate is 200% higher than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 11433 have older homes or newer construction?

In ZIP Code 11433, about 29.0% of homes were built in 1939 or earlier. That time range includes the most home construction. Also, 16.3% of homes in the region were built in 1950 to 1959. In contrast, 0.3% of homes in 11433 were built in 2014 or later.
5

What is the housing breakdown in ZIP Code 11433? Are there more rentals or owner-occupied units?

There is more renter-occupied housing in 11433 than owner-occupied housing. Renter-occupied units make up 55.7% of housing, compared to 44.3% for owner-occupied units.
6

Are rental vacancy rates high in ZIP Code 11433?

The vacacy rate for rental units in ZIP Code 11433 is 3.1%. This rate is 26% lower than the overall New York vacancy rate of 4.2%. Additionally, the 11433 vacancy rate is 48% lower than the entire U.S. vacancy rate of 6.0%.