ZIP 10710 - 860Z200US10710 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 10710, located in Yonkers, New York, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 25,000 and a diverse community, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Drawing from the latest data, we’ll break down key metrics on population, income, housing costs, and racial composition to help you make informed decisions.

Population & Households

ZIP 10710 is home to 25,684 residents, making it a moderately sized community with a vibrant local presence. These individuals are distributed across 9,979 households, reflecting a mix of family structures and living arrangements. The total number of housing units stands at 10,107, indicating a slight surplus of available homes or apartments relative to occupied households. This balance suggests potential opportunities for buyers or renters looking to settle in the area, as well as for investors eyeing vacant properties.

Income & Housing Costs

The median household income in ZIP 10710 is $100,783, positioning this area as a relatively affluent community compared to national averages. This income level supports a strong local economy, which can be a draw for businesses seeking a customer base with disposable income. On the housing front, the median home value is $534,000, reflecting a competitive real estate market that may appeal to investors looking for long-term appreciation. For renters, the median rent is $1,797 per month, which aligns with the area’s higher cost of living but offers access to a desirable location close to urban amenities.

Race & Ethnicity

ZIP 10710 stands out for its diverse population, which enriches the cultural fabric of the community. The racial composition includes 38.97% White, 14.3% Black, 11.2% Asian, and 30.32% Hispanic residents. This diversity can be a significant asset for businesses aiming to cater to varied tastes and preferences, as well as for families seeking an inclusive environment. Understanding this mix is also critical for real estate professionals tailoring their marketing strategies to different demographic groups.

Key Facts

• Total population: 25,684 residents in ZIP 10710 as of 2023.
• Total households: 9,979, with a mix of family and individual living arrangements.
• Total housing units: 10,107, suggesting some availability for new occupants.
• Median household income: $100,783, indicating a strong economic base.
• Median home value: $534,000, reflecting a robust real estate market.
• Median rent: $1,797 per month, consistent with the area’s cost of living.
• Diverse community: 38.97% White, 14.3% Black, 11.2% Asian, and 30.32% Hispanic.

What This Means for You

For homebuyers, ZIP 10710 offers a chance to invest in a high-value market with median home prices at $534,000. The area’s median income of $100,783 suggests neighbors with financial stability, which can contribute to a secure, well-maintained community. However, be prepared for a competitive market and consider working with local agents who understand the nuances of this diverse area.

Real estate investors and agents will find potential in the slight surplus of housing units (10,107 total units versus 9,979 households). This could indicate opportunities for rental properties or flips, especially given the strong median rent of $1,797. The diverse demographic makeup also means marketing to a broad audience will be key to success.

Small-business owners can leverage the area’s diversity and solid income levels to target a wide range of customers. Whether you’re opening a restaurant, retail shop, or service-based business, the cultural mix and spending power in ZIP 10710 provide a promising foundation. Focus on community engagement to build loyalty in this vibrant locale.

Analysts studying market trends will appreciate the balanced demographics and economic indicators here. The data points to a stable, growing area with opportunities for further research into housing demand and consumer behavior.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 10710? 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 insights to inform your next home purchase, investment decision, or business strategy with confidence.