Is Brooklyn, NY a Good Place to Live?

A comprehensive 2025 guide to living in Brooklyn, NY – housing costs, jobs, schools, and quality of life.

Brooklyn at a Glance

Population

38,168

Avg Home Price

$54,940

Avg Income

$5,630

Cost of Living

125

US Avg = 100

Pros & Cons of Living in Brooklyn

Pros

  • Affordable housing market
  • Access to local jobs and services

Cons

  • Above-average cost of living
  • Varies significantly by ZIP code

Housing Market in Brooklyn

The housing market in Brooklyn, NY features an average home price of approximately $54,940. This affordable pricing makes it attractive for first-time buyers and young families.

Housing options range from urban apartments to suburban single-family homes, with significant variation across different ZIP codes within the city.

Jobs & Economy

Brooklyn offers employment opportunities across various sectors. The average household income of $5,630 reflects a diverse economic landscape.

Average commute times are approximately 25 minutes, which is comparable to the national average.

Schools & Education

Brooklyn is served by multiple school districts with varying ratings. Families should research individual schools within their target ZIP codes to find the best fit.

Brooklyn provides community-focused educational opportunities with smaller class sizes.

The Bottom Line

Brooklyn, NY can be an excellent place to live for the right person. With a population of 38,168 and average home prices around $54,940, it offers affordable living options.

The best way to determine if Brooklyn is right for you is to explore specific neighborhoods and ZIP codes, considering factors like commute, schools, and lifestyle preferences. Each area within the city has its own character and advantages.