ZIP Code 10950 — Demographics & Housing Data 2023

Overview

If you’re considering ZIP code 10950 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in a vibrant area, this ZIP code offers a mix of opportunity and community diversity. With data from 2023, this snapshot provides a clear picture of population trends, income levels, housing costs, and racial composition. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about living or working in 10950.

Population & Households

ZIP code 10950 is home to a substantial population of 65,391 residents as of 2023. This sizable community is distributed across 16,009 households, indicating a dense and active area with a strong residential presence. The total number of housing units stands at 17,531, suggesting some availability of vacant or secondary properties. For families and individuals looking to settle here, this population size reflects a robust community with access to local amenities, schools, and services, while businesses can tap into a large customer base.

Income & Housing Costs

The median household income in ZIP 10950 is $77,123, pointing to a relatively comfortable economic environment for many residents. This income level supports a housing market where the median home value is $458,800—a significant investment that reflects the area’s desirability. For renters, the median monthly rent is $1,693, which aligns with the higher property values and suggests a competitive rental market. Homebuyers and investors can see potential for value appreciation, while renters should budget accordingly for the cost of living in this area.

Race & Ethnicity

The demographic makeup of ZIP 10950 shows a predominantly white population at 81.39%, with smaller but notable representation from other groups. Hispanic residents account for 11.68% of the population, while Black residents make up 3.04%, and Asian residents comprise 1.12%. This composition indicates a community with a strong cultural foundation and some diversity, which can be appealing for those seeking an inclusive environment. Businesses and investors may find opportunities to cater to varied cultural needs and preferences in this area.

Key Facts

• Total population in ZIP 10950: 65,391 residents, offering a large community for engagement.
• Total households: 16,009, reflecting a dense residential base.
• Total housing units: 17,531, indicating some availability beyond occupied homes.
• Median household income: $77,123, supporting a stable economic profile.
• Median home value: $458,800, suggesting a strong real estate market.
• Median rent: $1,693 per month, indicative of a competitive rental landscape.
• Racial composition: 81.39% white, 11.68% Hispanic, 3.04% Black, 1.12% Asian.

What This Means for You

For homebuyers, ZIP 10950 offers a stable and sizable community with a median home value of $458,800, which could be a worthwhile long-term investment given the area’s economic strength and population density. Be prepared for a competitive market, as the number of housing units slightly exceeds households, but demand may still drive prices. Real estate investors and agents can leverage the high median home value and income levels to target buyers or renters willing to invest in a desirable location. The rental market, with a median rent of $1,693, also presents opportunities for steady returns, though tenant affordability should be considered.

Small-business owners will find a large customer base of over 65,000 residents, with a median household income that supports discretionary spending. The diverse racial and ethnic makeup offers a chance to tailor products or services to specific cultural groups, particularly the Hispanic community at nearly 12%. Analysts can use this data to assess market potential, housing trends, or community needs, grounding their research in concrete figures like population size and income metrics. Across all groups, ZIP 10950 stands out as a dynamic area with room for growth and engagement.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 10950? 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, tailored to your needs.
• Use the insights to make informed decisions for buying, investing, or launching a business with confidence.