Tax Market Data · ZIP 11416 · New York, NY

ZIP Code 11416 — Tax Office Market in New York, NY

Market data for ZIP 11416: Hispanic concentration, EITC filing activity, active tax offices, and refund averages — sourced from IRS SOI Tax Stats, Census ACS 5-year, and Refundo market data.

Source data: IRS SOI 2023–2024, Census ACS 5-yr 2019–2023, Refundo (2024–2025) · Back to New York overview

Key Metrics · ZIP 11416

Tax Market Snapshot

Hispanic Population
43%
of ZIP 11416 residents
EITC Filing Rate
27%
3,390 EITC recipients
Tax Returns Filed
12,770
IRS returns, this ZIP
Active Tax Offices
39
preparers in this ZIP
Avg Tax Refund
$2,911
Refundo client avg
Median Household Income
$85,544
Census ACS estimate

Source: IRS SOI Tax Stats, U.S. Census ACS 5-year estimates, Refundo market data (2024–2025). All figures are estimates.

Market Analysis · ZIP 11416

What the Data Shows

EITC recipients represent 27% of all returns filed in ZIP 11416. That indicates a working-family client base where refund maximization, EITC documentation, and careful income verification are central to what preparers do here. With 39 active tax offices, preparer density in ZIP 11416 is below the city average — which means there is more room to grow a client base here than in higher-competition ZIPs.

Spanish Speakers

82% of ZIP 11416 residents speak Spanish at home, confirming strong demand for Spanish-language tax services in this area.

Limited English

37% speak English less than "very well" — a direct indicator of how important native-Spanish tools are for reaching this client base.

Poverty Rate

15% of residents fall below the poverty line — a population where EITC maximization has the most direct financial impact.

Opportunity Score · ZIP 11416

Market Opportunity Assessment

59
Moderate Opportunity

out of 100 · weighted composite score

The 59/100 opportunity score reflects moderate conditions — high EITC filing rate (27%) and below-average competition (39 offices) keep this ZIP in the middle range.

The opportunity score weights: Hispanic market concentration (30%), EITC filing rate (25%), returns-per-household density (20%), and inverse preparer density — lower competition = higher score (25%). Scores are min-max normalized across all ZIPs in the dataset.

Who Tax Offices in ZIP 11416 Serve

Based on market data, the client base in ZIP 11416 is primarily working-class and middle-income families with high EITC eligibility. The average refund of $2,911 indicates clients expect meaningful refunds and value accurate preparation. With 39 active preparers, clients in this ZIP have fewer options — early market presence here compounds over seasons.

Conecta is a CRM for tax offices that helps manage this client base — not tax filing software. It handles document collection, bilingual WhatsApp reminders, appointment scheduling, and post-filing follow-up. Tax offices in New York use it to run more clients per season without adding staff.

Other ZIP Codes in New York

Compare market data across New York. All ZIP pages include Hispanic concentration, EITC activity, and opportunity scores.

Tax Office CRM for New York, ZIP 11416

Conecta is a CRM and client management platform built for bilingual tax offices in markets like ZIP 11416. Document collection, WhatsApp reminders, bilingual portal, appointment scheduling — all in one platform. Book a 30-minute demo to see what it looks like set up for your office.