ZIP Code 10550 — Mount Vernon, New York

The median home in 10550 is valued at $482,600 against a median household income of $56,903, a price-to-income ratio of 8.5. 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 Westchester County, 10550 ranks 70 of 70 ZIPs on affordability (1 = lowest ratio); the county median ratio is 4.5. Renting takes 30.6% of median household income (median rent $1,451 a month), above the 30% cost-burden threshold.

10550 ranks 1,364 of 1,572 statewide on median household income and 379 of 1,572 on median home value; its income is far below the $148,390 Westchester County median. 28% of households own their home, far below the 80% statewide ZIP median, so most residents rent. 23% of adults hold a bachelor's degree or higher, below the 31% median, and the poverty rate is 18.5%, far above the 9.9% statewide ZIP median. Unemployment stands at 7.9%.

With 20,036 residents per square mile across 2 square miles of land, 10550 is far denser than the statewide ZIP median of 197 (rank 130 of 1,572). This is apartment-district density: expect multi-family housing, transit access and little single-family stock.