ZIP 10456 - 860Z200US10456 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in the Bronx, understanding the demographics and housing landscape of ZIP 10456 can provide valuable clarity. Located in a vibrant urban area, this ZIP code is home to a diverse population and offers a mix of housing options. With data from 2023, this snapshot covers population stats, household income, housing costs, and ethnic composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions.

Population & Households

ZIP 10456 has a total population of 86,958, making it a densely populated area with a strong community presence. This population is distributed across 32,601 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 33,321, indicating a slight surplus of available units compared to occupied households. This could suggest opportunities for renters or buyers looking to enter the market, as well as potential vacancies for investors to consider.

Income & Housing Costs

The median household income in ZIP 10456 is $35,676, which is relatively modest compared to national averages. This figure is crucial for understanding the economic profile of the area and the purchasing power of residents. For housing costs, the median home value is $428,800, reflecting a significant investment for potential buyers. Meanwhile, the median rent is $1,194 per month, which may be more accessible for those not ready to purchase. These numbers highlight a market where affordability for renters contrasts with higher barriers to homeownership, shaping decisions for both residents and investors.

Race & Ethnicity

The demographic makeup of ZIP 10456 is notably diverse, offering a rich cultural tapestry. The population identifies as 52.22% Hispanic, making it the largest ethnic group in the area. Black residents account for 41.15%, while White residents make up 2.8%, and Asian residents represent just 0.76%. This diversity can be a draw for businesses seeking to cater to varied cultural needs or for families looking for an inclusive community environment. Understanding these dynamics is key for anyone planning to engage with or invest in this area.

Key Facts

• Total population: 86,958 residents, indicating a sizable urban community.
• Total households: 32,601, showing a strong base of local families and individuals.
• Total housing units: 33,321, suggesting some availability for new occupants.
• Median household income: $35,676, reflecting the economic challenges and opportunities.
• Median home value: $428,800, a significant figure for potential buyers or investors.
• Median rent: $1,194, offering a more affordable option compared to buying.
• Ethnic diversity: Predominantly Hispanic (52.22%) and Black (41.15%) population.

What This Means for You

For homebuyers, ZIP 10456 presents a market where renting might be more feasible than buying, given the median home value of $428,800 against a median income of $35,676. First-time buyers may need to explore financing options or consider nearby areas for better affordability. Investors and real estate agents can note the slight surplus of housing units (33,321 vs. 32,601 households), which could signal opportunities for rental properties or fixer-uppers in a culturally rich area. The high rental demand, reflected in the $1,194 median rent, also supports a landlord-friendly market. For small-business owners, the diverse population of 86,958 offers a broad customer base, especially for businesses tailored to Hispanic and Black communities—think cultural goods, services, or dining. Finally, analysts can use these metrics to benchmark ZIP 10456 against other urban areas, focusing on income-to-housing cost ratios or demographic trends for deeper market studies.

Run This Study Yourself

• Curious about another ZIP code or want to dive deeper into 10456? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
• Enter your target ZIP code to access up-to-date demographic, income, and housing data tailored to your needs.
• Use the insights to make smarter decisions for buying, investing, or launching a business in any area of interest.