ZIP Code 10940 — Middletown, New York

The median home in 10940 is valued at $301,400 against a median household income of $87,198, a price-to-income ratio of 3.5. That is above the 2.9 median across the 1,572 New York ZIP codes with published housing data, and near the 3.0 ratio that marks an attainable market nationally. Within Orange County, 10940 ranks 20 of 38 ZIPs on affordability (1 = lowest ratio); the county median ratio is 3.4. Renting takes 22.0% of median household income (median rent $1,600 a month), under the 30% cost-burden threshold.

10940 ranks 641 of 1,572 statewide on median household income and 617 of 1,572 on median home value; its income is below the $105,400 Orange County median. 64% of households own their home, below the 80% statewide ZIP median, making this a majority-owner ZIP. 24% of adults hold a bachelor's degree or higher, below the 31% median, and the poverty rate is 12.7%, above the 9.9% statewide ZIP median. Unemployment stands at 6.4%.

With 842 residents per square mile across 63.1 square miles of land, 10940 is far denser than the statewide ZIP median of 197 (rank 537 of 1,572). This is a low-density pattern of large lots, small towns or scattered subdivisions.