ZIP 10035 - 860Z200US10035 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 10035 for a home purchase, investment opportunity, or business venture, understanding the local demographics and housing landscape is essential. Located in the heart of New York City, this area offers a unique blend of diversity and urban density. This snapshot, based on 2023 data, provides a clear picture of population, income, housing costs, and cultural composition to help you make informed decisions. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will guide your next steps in ZIP 10035.

Population & Households

ZIP code 10035 is home to a vibrant community of 39,082 residents. This population is distributed across 15,056 households, reflecting a dense urban environment typical of New York City neighborhoods. With 16,340 total housing units in the area, there’s a slight gap between available units and occupied households, suggesting a competitive housing market. For families, investors, or businesses, this density indicates both opportunity and the need for strategic planning when entering the market.

Income & Housing Costs

The median household income in ZIP 10035 stands at $40,556, which is relatively modest compared to broader city averages. This figure is crucial for understanding the purchasing power of local residents, especially for small-business owners gauging market potential. On the housing front, the median home value is $663,500, reflecting the high demand and limited supply characteristic of urban centers. For renters, the median rent is $1,283 per month, which may be more accessible for some but still requires careful budgeting. These metrics highlight the financial landscape that shapes life in this ZIP code.

Race & Ethnicity

ZIP 10035 boasts a rich cultural tapestry, with a diverse population that adds to the area’s unique character. The racial and ethnic composition breaks down as follows: 41.81% Hispanic, 35.23% Black, 14.05% White, and 5.62% Asian, with the remainder comprising other or mixed-race groups. This diversity is a significant draw for those seeking a multicultural environment, whether for personal, social, or business reasons. It also signals a community with varied needs and preferences, which can influence everything from housing demand to consumer behavior.

Key Facts

• Total population: 39,082 residents in ZIP 10035.
• Total households: 15,056, indicating a dense living environment.
• Total housing units: 16,340, with a small surplus over occupied households.
• Median household income: $40,556, reflecting local economic conditions.
• Median home value: $663,500, a significant investment in this urban market.
• Median rent: $1,283, a key figure for renters and landlords.
• Diversity: Hispanic (41.81%), Black (35.23%), White (14.05%), Asian (5.62%).

What This Means for You

For homebuyers, the high median home value of $663,500 in ZIP 10035 signals a substantial investment, but also potential for long-term appreciation in this urban hub. Be prepared for a competitive market with limited inventory, and consider working with a local agent to navigate the landscape. Investors and real estate agents will find opportunities in the slight surplus of housing units (16,340 total vs. 15,056 households), which could indicate room for rentals or flips, though the modest median income of $40,556 suggests tenants may prioritize affordability. Small-business owners should note the diverse population and relatively low median income, tailoring offerings to meet the needs of a multicultural, budget-conscious customer base. Analysts can use these metrics to benchmark ZIP 10035 against neighboring areas, identifying trends in housing demand or economic growth. Across all groups, the cultural diversity and urban density of this area offer both challenges and unique advantages.

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