ZIP 10461 - 860Z200US10461 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 10461 in the Bronx, New York, for your next home purchase, investment property, or business venture, understanding the area’s demographic and housing landscape is essential. This snapshot, based on 2023 data, offers a clear view of population trends, income levels, housing costs, and cultural diversity in 10461. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions tailored to your goals.

Population & Households

ZIP 10461 is home to a vibrant community of 50,900 residents. This sizable population supports a diverse and active local economy, making it an area worth exploring for businesses and investors alike. The area comprises 19,078 households, reflecting a mix of family structures and living arrangements. With 20,418 total housing units, there’s a slight surplus of available homes compared to occupied households, which could indicate opportunities for buyers or renters looking to move in.

Income & Housing Costs

The median household income in ZIP 10461 stands at $65,023, suggesting a moderate earning capacity for many residents. This income level can influence local spending power, which is a critical factor for small-business owners evaluating market potential. On the housing front, the median house value is $640,400, pointing to a relatively high barrier to entry for homeownership. For renters, the median rent is $1,741 per month, which may appeal to investors seeking steady rental income in a competitive market. These figures highlight the need for careful financial planning if you’re considering a move or investment in 10461.

Race & Ethnicity

ZIP 10461 boasts a rich cultural tapestry that shapes its community dynamics. The racial and ethnic composition includes 46.57% Hispanic, making it the largest demographic group in the area. White residents account for 29.95% of the population, while Asian residents make up 13.48%, and Black residents represent 7.47%. This diversity can be a significant draw for businesses aiming to cater to varied customer bases or for families seeking a multicultural environment to call home.

Key Facts

• Total population: 50,900 residents, offering a substantial local market.
• Total households: 19,078, reflecting a mix of family and individual living arrangements.
• Total housing units: 20,418, suggesting some availability for new occupants.
• Median household income: $65,023, indicating moderate earning potential.
• Median house value: $640,400, a significant investment for prospective buyers.
• Median rent: $1,741, relevant for renters and rental property investors.
• Ethnic diversity: Predominantly Hispanic (46.57%), with notable White (29.95%) and Asian (13.48%) populations.

What This Means for You

For homebuyers, ZIP 10461 presents a high-cost housing market with a median home value of $640,400. Ensure your budget aligns with this price point, and consider the area’s diversity and population density as positives for community engagement. Real estate investors and agents might find opportunity in the rental market, where a median rent of $1,741 could yield consistent returns, especially given the slight surplus of housing units. The diverse demographic makeup also suggests potential for varied tenant interest. Small-business owners can leverage the area’s 50,900 residents and multicultural population to target niche markets or offer culturally relevant products and services. Finally, analysts can use these metrics to benchmark 10461 against other ZIP codes for deeper market studies or trend analysis. Tailoring your approach to these insights can help you succeed in this dynamic area.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 10461? 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, customized to your needs.
• Use the insights to inform your next big decision, whether it’s buying a home, investing, or launching a business in a new area.