ZIP Code 10005 — Manhattan, New York

The median home in 10005 is valued at $1,390,600 against a median household income of $190,233, a price-to-income ratio of 7.3. That is below the 8.7 median across the 178 New York City ZIP codes with published housing data, and well past the 3.0 ratio that marks an attainable market nationally, so buying here on a local median income requires substantial savings or a second income. Within Manhattan, 10005 ranks 14 of 43 ZIPs on affordability (1 = lowest ratio); the borough median ratio is 8.6. Renting takes 22.1% of median household income (median rent $3,501 a month), under the 30% cost-burden threshold.

10005 ranks 7 of 178 citywide on median household income and 15 of 178 on median home value; its income is above the $140,381 Manhattan median. 18% of households own their home, below the 35% citywide ZIP median, so most residents rent. 86% of adults hold a bachelor's degree or higher, far above the 39% median, and the poverty rate is 4.3%, far below the 13.8% citywide ZIP median and among the lowest in the city. Unemployment stands at 4.6%.

With 78,658 residents per square mile across 0.12 square miles of land, 10005 is less dense than the citywide ZIP median of 92,954 (rank 114 of 178). This is classic New York apartment density: walk-ups, elevator buildings and mixed commercial corridors.