ZIP Code 10005 — New York, New York

The median home in 10005 is valued at $1,387,200 against a median household income of $211,810, a price-to-income ratio of 6.5. That is far above the 2.9 median across the 1,572 New York ZIP codes with published housing data, and well past the 3.0 ratio that marks an attainable market nationally, so buying here on a local median income requires substantial savings or a second income. Within New York County, 10005 ranks 7 of 41 ZIPs on affordability (1 = lowest ratio); the county median ratio is 8.8. Renting takes 19.8% of median household income (median rent $3,501 a month), under the 30% cost-burden threshold.

10005 ranks 29 of 1,572 statewide on median household income and 26 of 1,572 on median home value; its income is far above the $132,518 New York County median. 17% of households own their home, far below the 80% statewide ZIP median, so most residents rent. 84% of adults hold a bachelor's degree or higher, far above the 31% median, and the poverty rate is 4.6%, far below the 9.9% statewide ZIP median and among the lowest in the state. Unemployment stands at 4.7%.

With 92,380 residents per square mile across 0.1 square miles of land, 10005 is far denser than the statewide ZIP median of 197 (rank 12 of 1,572). This is apartment-district density: expect multi-family housing, transit access and little single-family stock.