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A market with no active rental pool to price against. The sale-side figures below are the whole picture.
What would change this read: the median listing price is −4.4% YoY. inventory, −25.3% YoY, is the number to watch.
The median listing price is down 4.4% YoY while the median home got down 6.3% bigger, so value per square foot is down 11.8%.
U.S. Census ACS characteristics for ZIP 10040 itself, not its parent county.
Renters hold 84.1% of this ZIP's 15,861 occupied households, on a median household income of $66K.
| Measure | ZIP 10040 | New York County | Difference |
|---|---|---|---|
| Median Household Income | $66K | $104K | -$38K |
| Below Poverty Level | 17.3% | 16.5% | +0.8% |
| Median Age | 42.30 | 38.90 | +3.40 |
| Total Population | 40,096 | 1,629,477 | -- |
| Avg Household Size | 2.48 | 2.00 | +0.48 |
| Owner-Occupied | 15.9% | 25.1% | -9.2% |
| Worked From Home | 18.5% | 25.5% | -7.0% |
| Mean Commute | 40.10 | 31.20 | +8.90 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.1% to 1,629,477: residents under 18 are down 1.5% and those 65 and over are up 2.2%.
County median household income is $104K, 16.5% of residents are below the poverty level, 25.5% work from home.