ZIP 10009 - 860Z200US10009 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 10009 for your next home, investment property, or business location, understanding the area’s demographics and housing landscape is essential. Located in a dynamic urban setting, this ZIP code offers a diverse population and a range of housing options. This snapshot, based on 2023 data, breaks down key metrics like population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into what makes ZIP 10009 unique and how it might align with your goals.

Population & Households

ZIP 10009 is home to a sizable population of 58,341 residents as of 2023. This figure reflects a vibrant community with a mix of individuals and families. The area comprises 30,025 households, indicating a dense living environment typical of urban neighborhoods. With 32,375 total housing units, there’s a slight surplus of units over households, which could suggest some availability for new residents or investors looking to enter the market. For those eyeing this area, the population density points to a lively, active community with potential for both personal and commercial opportunities.

Income & Housing Costs

Financial metrics are critical when evaluating any area, and ZIP 10009 offers some compelling numbers. The median household income here is $87,963, which suggests a relatively strong earning base among residents. This income level can support a range of lifestyles and business customer bases. On the housing front, the median house value stands at $690,600, reflecting a high-demand market where property ownership is a significant investment. For renters, the median rent is $1,925 per month, indicating that leasing is also a substantial commitment. These figures highlight ZIP 10009 as a premium area where both buying and renting come with notable costs, but also potential for value appreciation.

Race & Ethnicity

Diversity is a hallmark of ZIP 10009, with a racial and ethnic composition that paints a picture of a multicultural community. White residents make up 50.64% of the population, followed by Hispanic residents at 24.42%. Asian individuals account for 12.71%, while Black residents comprise 7.61%. This blend of backgrounds contributes to a rich cultural fabric, which can be a draw for those seeking an inclusive environment. For businesses, this diversity offers a broad customer base with varied needs and preferences, while homebuyers may appreciate the community’s dynamic social landscape.

Key Facts

• Total population in ZIP 10009: 58,341 residents as of 2023.
• Total households: 30,025, reflecting a dense urban setting.
• Total housing units: 32,375, with some potential availability.
• Median household income: $87,963, indicating solid earning potential.
• Median house value: $690,600, a marker of a high-value market.
• Median rent: $1,925 per month, significant for renters and investors.
• Diverse population: 50.64% White, 24.42% Hispanic, 12.71% Asian, 7.61% Black.

What This Means for You

For homebuyers, ZIP 10009 presents a high-value market where a median house price of $690,600 signals both opportunity and challenge. The area’s strong median income of $87,963 suggests neighbors with financial stability, which can contribute to a secure community feel. However, the cost of entry—whether buying or renting at $1,925 monthly—requires careful budgeting. Real estate investors and agents will note the slight gap between housing units and households, which could indicate room for rental properties or flips, especially given the area’s diversity and population density. Small-business owners can leverage the multicultural resident base of 58,341 to tailor offerings, from niche products to culturally specific services, while the income levels suggest disposable income for local spending. Analysts can use these metrics to benchmark ZIP 10009 against other urban areas, focusing on housing cost trends and demographic shifts. Across all groups, this data equips you to align your strategy with the area’s realities.

Run This Study Yourself

• Want to explore ZIP 10009 or another area in greater depth? Start by visiting ZipcodeGPT for a user-friendly platform to access detailed demographic and housing data.
• Input any ZIP code to generate a customized report with the latest metrics tailored to your needs as a buyer, investor, or business owner.
• Use the insights to compare locations, identify trends, and make data-driven decisions with confidence.