ZIP 10954 - 860Z200US10954 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 10954, located in Nanuet, New York, this demographic and housing snapshot offers a clear picture of the area. With data from 2023, we’ve compiled key metrics on population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Whether you’re eyeing a family home, a rental property, or a commercial space, understanding ZIP 10954’s community and economic landscape is the first step.

Population & Households

ZIP 10954 is home to a population of 27,474 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 9,590 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 10,041, indicating a slight surplus of available properties compared to occupied households. This balance suggests potential opportunities for buyers or renters looking to settle in the area, as well as for investors seeking vacant units to develop or lease.

Income & Housing Costs

Economically, ZIP 10954 stands out with a median household income of $112,927, which is notably higher than many national averages. This figure points to a relatively affluent community with strong purchasing power, an attractive trait for businesses targeting middle- to upper-income customers. On the housing front, the median home value is $502,300, reflecting a robust real estate market that could appeal to investors seeking long-term appreciation. For renters, the median monthly rent is $2,184, which aligns with the area’s higher income levels but may require careful budgeting for some households.

Race & Ethnicity

The demographic makeup of ZIP 10954 is diverse, offering a multicultural environment that can enrich community life and business opportunities. The racial composition includes 49.75% White, 15.25% Black, 13.42% Asian, and 17.89% Hispanic residents. This blend of backgrounds creates a vibrant social fabric, appealing to families and individuals who value inclusivity. For businesses, this diversity can translate into a broad customer base with varied needs and preferences, while investors might see potential in catering to specific cultural or ethnic markets.

Key Facts

• Total population: 27,474 residents, offering a sizable community for engagement or market reach.
• Total households: 9,590, indicating a strong base of potential customers or tenants.
• Total housing units: 10,041, with some availability for new occupants or investment properties.
• Median household income: $112,927, reflecting significant economic strength in the area.
• Median home value: $502,300, suggesting a high-value real estate market.
• Median rent: $2,184 per month, aligning with the area’s income levels.
• Racial diversity: White (49.75%), Hispanic (17.89%), Black (15.25%), Asian (13.42%), fostering a multicultural environment.

What This Means for You

For homebuyers, ZIP 10954 offers a stable, affluent community with a median home value of $502,300, ideal for those seeking a long-term investment in a diverse and vibrant area. The slight surplus of housing units (10,041 total versus 9,590 households) could mean less competition for available properties, though the high median rent of $2,184 suggests renting may be less affordable for some. Real estate investors and agents will find a strong market here, with high property values and income levels indicating potential for rental income or property flips, especially given the area’s economic stability.

Small-business owners can leverage the area’s $112,927 median household income and diverse population of 27,474 to target a wide range of customers with disposable income. The multicultural demographic mix also opens doors for niche products or services tailored to specific communities. Analysts studying market trends will appreciate the balanced housing stock and income data as indicators of economic health, making ZIP 10954 a compelling case study for suburban growth patterns.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 10954? 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, and more, tailored to your needs.
• Use the insights to make data-driven decisions for your next home purchase, investment, or business venture.