ZIP Code 10031 — New York, New York

The median home in 10031 is valued at $678,000 against a median household income of $65,067, a price-to-income ratio of 10.4. 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, which means a household earning the local median income cannot finance the local median home on conventional terms. Within New York County, 10031 ranks 33 of 41 ZIPs on affordability (1 = lowest ratio); the county median ratio is 8.8. Renting takes 33.0% of median household income (median rent $1,787 a month), above the 30% cost-burden threshold.

10031 ranks 1,162 of 1,572 statewide on median household income and 211 of 1,572 on median home value; its income is far below the $132,518 New York County median. 14% of households own their home, far below the 80% statewide ZIP median, so most residents rent. 41% of adults hold a bachelor's degree or higher, above the 31% median, and the poverty rate is 23.0%, far above the 9.9% statewide ZIP median. Unemployment stands at 9.2%.

With 86,150 residents per square mile across 0.7 square miles of land, 10031 is far denser than the statewide ZIP median of 197 (rank 17 of 1,572). This is apartment-district density: expect multi-family housing, transit access and little single-family stock.