ZIP 10468 - 860Z200US10468 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 10468 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, provides a clear picture of the population, income levels, housing costs, and cultural diversity in this vibrant area. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about opportunities in 10468.

Population & Households

ZIP code 10468 is home to a substantial population of 79,825 residents, making it a densely populated urban area with a lively community feel. These residents are distributed across 28,608 households, reflecting a mix of family structures and living arrangements. With 29,553 total housing units in the area, there’s a tight housing market, as the number of households nearly matches the available units. This suggests high demand for housing and limited vacancy, a critical factor for anyone looking to buy or rent in this ZIP code.

Income & Housing Costs

The median household income in ZIP 10468 stands at $46,624, which is below the national average but reflective of the economic diversity often found in urban Bronx neighborhoods. For homebuyers and investors, the median house value of $259,400 offers a relatively accessible entry point into the New York City real estate market, though prices can vary widely by property type and location within the ZIP code. Renters, meanwhile, face a median rent of $1,594 per month, which aligns with the area’s urban setting but may strain budgets for lower-income households. These figures highlight the importance of financial planning for residents and the potential for rental income for property investors.

Race & Ethnicity

ZIP 10468 is a culturally rich and diverse community, with a racial and ethnic composition that shapes its unique character. The majority of residents, 76.11%, identify as Hispanic, making this area a hub for Hispanic culture and influence. Black or African American residents account for 17.36% of the population, while White residents make up 3.22%, and Asian residents comprise 2.26%. This diversity offers a welcoming environment for people from various backgrounds and presents unique opportunities for businesses catering to multicultural needs.

Key Facts

• Total population: 79,825 residents, indicating a sizable and active community.
• Total households: 28,608, showing a high density of living arrangements.
• Total housing units: 29,553, suggesting a near-full occupancy rate.
• Median household income: $46,624, reflecting the area’s economic profile.
• Median house value: $259,400, an accessible price point for the Bronx.
• Median rent: $1,594, a significant cost for many local renters.
• Hispanic population: 76.11%, highlighting the area’s cultural diversity.

What This Means for You

For homebuyers, ZIP 10468 offers a chance to enter the New York City housing market at a median value of $259,400, which is more attainable than many other parts of the city. However, with housing units nearly fully occupied, be prepared for competition and act quickly on opportunities. Real estate investors and agents can find potential in both rental and purchase markets, as the high demand for housing and median rent of $1,594 suggest steady rental income possibilities. Keep an eye on turnover rates and emerging listings to maximize returns. Small-business owners will benefit from the area’s large, diverse population of nearly 80,000, especially by tailoring offerings to the predominant Hispanic community—think cultural goods, services, or cuisine. Finally, analysts can use this data to track urban trends in the Bronx, focusing on housing density and income disparities as key indicators of future growth or challenges.

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