ZIP 10472 - 860Z200US10472 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 10472 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in the Bronx, New York, this area offers a vibrant, diverse community with unique opportunities and challenges. This snapshot, based on 2023 data, breaks down key metrics like population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions.

Population & Households

ZIP 10472 is home to a substantial population of 63,820 residents, making it a densely populated urban area. These individuals are distributed across 21,950 households, reflecting a community with a mix of family structures and living arrangements. With 24,259 total housing units in the area, there’s a slight gap between available units and occupied households, which could indicate either vacancy or potential for growth. For those looking to settle or invest here, this population size suggests a lively neighborhood with access to local amenities and services, though it may also come with urban challenges like traffic or competition for housing.

Income & Housing Costs

The median household income in ZIP 10472 stands at $43,125, which is relatively modest compared to many parts of New York City. This figure is crucial for homebuyers assessing affordability and for businesses gauging the purchasing power of local residents. On the housing front, the median home value is $632,500—a significant investment that reflects the area’s proximity to Manhattan and ongoing demand in the Bronx real estate market. For renters, the median rent is $1,445 per month, which may be a more accessible option for those not ready to buy. These numbers highlight a market where housing costs are high relative to income, signaling the need for careful financial planning for prospective residents or investors.

Race & Ethnicity

ZIP 10472 boasts a richly diverse population, with a racial and ethnic composition that shapes its cultural fabric. The largest group is Hispanic, accounting for 61.78% of residents, followed by Black or African American at 22.9%. Asian residents make up 7.97%, while White residents represent just 1.8%. This diversity offers a unique blend of cultural influences, evident in local businesses, cuisine, and community events. For small-business owners, this mix presents opportunities to cater to varied tastes and needs, while homebuyers and investors can expect a neighborhood with a strong sense of identity and community ties.

Key Facts

• Total population: 63,820 residents, indicating a bustling urban area.
• Total households: 21,950, reflecting a mix of family and individual living arrangements.
• Total housing units: 24,259, with some potential vacancy or room for growth.
• Median household income: $43,125, suggesting moderate local purchasing power.
• Median home value: $632,500, a significant cost in the Bronx market.
• Median rent: $1,445, offering a more affordable alternative to buying.
• Dominant ethnicity: Hispanic at 61.78%, contributing to a vibrant cultural landscape.

What This Means for You

For homebuyers, ZIP 10472 presents a high-cost housing market with a median home value of $632,500, which may require substantial savings or financing, especially given the median income of $43,125. However, the area’s diversity and urban energy could make it a rewarding place to call home if you value cultural richness and proximity to New York City’s core. Real estate investors and agents should note the gap between housing units and households, which might signal opportunities for rentals or flips, though high home values mean careful market analysis is key. Small-business owners can leverage the diverse population—especially the large Hispanic community—to offer tailored products or services, but should account for the modest median income when pricing. Analysts will find this data a useful baseline for tracking urban trends in the Bronx, particularly around housing affordability and demographic shifts.

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