ZIP Code 10463 — Demographics & Housing Data 2023

Overview

If you’re considering a move, investment, or business opportunity in the Bronx, ZIP code 10463 offers a vibrant and diverse community to explore. Located in the northwest part of the borough, this area—often associated with neighborhoods like Riverdale and Kingsbridge—presents a mix of urban density and suburban appeal. With a population of nearly 70,000 and a median household income of $72,952, this ZIP code reflects a dynamic economic and cultural landscape. Whether you’re a homebuyer, real estate investor, small-business owner, or data analyst, this demographic and housing snapshot for 2023 provides actionable insights to guide your decisions.

Population & Households

ZIP 10463 is home to 69,373 residents, making it a densely populated area with a strong community feel. These individuals are distributed across 29,575 households, indicating an average household size of roughly 2.3 people. This balance suggests a mix of families, couples, and singles, catering to a variety of lifestyle needs. For homebuyers or investors, the population size signals a robust demand for housing and local services, while businesses can tap into a sizable customer base within a compact geographic area.

Income & Housing Costs

The median household income in ZIP 10463 stands at $72,952, reflecting a moderate earning capacity that supports a stable local economy. Housing costs align with this income level, with a median home value of $352,200—a figure that positions the area as relatively affordable compared to other parts of New York City. For renters, the median monthly rent is $1,611, which indicates a significant rental market presence. These metrics suggest that ZIP 10463 offers opportunities for first-time buyers or investors seeking value, while also supporting a rental market for those not ready to purchase.

Total housing units in the area number 30,602, with a small vacancy rate given that 29,575 are occupied. This tight housing supply could mean competitive conditions for buyers and potential appreciation for property owners over time.

Race & Ethnicity

ZIP 10463 boasts a richly diverse population, with a racial and ethnic composition that reflects the multicultural fabric of the Bronx. The largest group identifies as Hispanic, comprising 50.12% of residents, followed by White residents at 29.58%, Black residents at 12.01%, and Asian residents at 3.8%. This diversity creates a culturally vibrant environment, appealing to businesses aiming to serve varied customer preferences and families seeking inclusive communities. For investors and analysts, this demographic mix underscores the importance of tailored marketing and community engagement strategies.

Key Facts

• Total population: 69,373 residents, indicating a sizable and active community.
• Total households: 29,575, with an average size of about 2.3 people per household.
• Median household income: $72,952, supporting a stable local economy.
• Median home value: $352,200, offering relative affordability in the NYC area.
• Median rent: $1,611 per month, reflecting a strong rental market.
• Housing units: 30,602 total, with a low vacancy rate suggesting high demand.
• Ethnic diversity: 50.12% Hispanic, 29.58% White, 12.01% Black, 3.8% Asian.

What This Means for You

For homebuyers, ZIP 10463 presents a compelling mix of affordability and community vibrancy. With median home values at $352,200, you might find opportunities to enter the market at a reasonable price point for the region, though the low vacancy rate suggests acting quickly on available properties. Investors and real estate agents can leverage the tight housing supply and diverse population to target both buyers and renters, potentially securing steady returns through rentals at a median of $1,611 per month. Small-business owners will find a large, culturally varied customer base of nearly 70,000 residents, ideal for businesses offering niche or culturally specific products and services. Analysts can use these metrics to assess market trends, forecast demand, or advise clients on strategic moves in this dynamic area.

Run This Study Yourself

• Curious about other ZIP codes or deeper insights into 10463? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Input any ZIP code to access up-to-date population, income, and housing metrics tailored to your needs.
• Use the detailed reports to make informed decisions for buying, investing, or launching a business in any area of interest.