ZIP 10457 - 860Z200US10457 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP 10457 in the Bronx, New York, as a place to live, invest, or start a business, understanding the local demographics and housing landscape is essential. This snapshot, based on 2023 data, offers a clear view of the area’s population, income levels, housing costs, and cultural composition. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about opportunities in this vibrant community.

Population & Households

ZIP 10457 is home to a substantial population of 79,375 residents, making it a densely populated urban area with a lively community feel. These residents are distributed across 26,715 households, reflecting a mix of family structures and living arrangements. With 27,795 total housing units in the area, there’s a slight surplus of units over households, which could indicate some availability for new residents or investors looking to enter the market. This population size and household density suggest a bustling neighborhood with potential for both residential and commercial growth.

Income & Housing Costs

The median household income in ZIP 10457 stands at $44,911, which is below the national average but reflective of many urban areas with diverse economic backgrounds. For homebuyers and investors, the median house value of $336,900 offers a relatively accessible entry point into the Bronx real estate market, especially compared to higher-priced areas in New York City. Meanwhile, the median rent of $1,400 per month highlights the cost of living for renters, which may influence decisions for both tenants and landlords. These figures suggest a market where affordability is a key consideration, balanced against the potential for property value growth in an urban setting.

Race & Ethnicity

ZIP 10457 is a culturally rich and diverse area, with a racial and ethnic composition that reflects the broader diversity of the Bronx. The population identifies as 63.23% Hispanic, making it the predominant group, followed by 32.33% Black, 1.88% White, and 0.47% Asian. This diversity shapes the community’s identity, influencing local businesses, cultural events, and social dynamics. For business owners and investors, this mix presents opportunities to cater to a wide range of cultural preferences and needs, while homebuyers may appreciate the vibrant, multicultural environment.

Key Facts

• Total population: 79,375 residents, indicating a sizable urban community.
• Total households: 26,715, showing a dense residential base.
• Total housing units: 27,795, suggesting some availability for new occupants.
• Median household income: $44,911, reflecting economic diversity.
• Median house value: $336,900, a potential entry point for buyers and investors.
• Median rent: $1,400, a key factor for renters and landlords.
• Ethnic composition: 63.23% Hispanic, 32.33% Black, highlighting cultural richness.

What This Means for You

For homebuyers, ZIP 10457 offers a chance to purchase property at a median value of $336,900, which could be appealing if you’re looking for an urban location with growth potential. The diverse community and population density also mean access to a dynamic neighborhood with cultural depth. Real estate investors and agents might see opportunity in the slight surplus of housing units (27,795 vs. 26,715 households), which could indicate room for rental or resale strategies, especially with a median rent of $1,400. Keep an eye on income levels ($44,911 median) to gauge tenant affordability. Small-business owners can leverage the area’s diversity—particularly the large Hispanic and Black populations—to tailor products, services, or marketing to local tastes and needs. Finally, analysts can use this data as a baseline to track trends in population growth, housing demand, or economic shifts in this part of the Bronx.

Run This Study Yourself

• Want to dive deeper into ZIP 10457 or compare it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your needs.
• Use the insights to make data-driven decisions, whether you’re buying a home, investing, or planning a business in the area.