ZIP Code 10031 — Manhattan, New York

The median home in 10031 is valued at $609,700 against a median household income of $65,283, a price-to-income ratio of 9.3. That is above 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, 10031 ranks 29 of 43 ZIPs on affordability (1 = lowest ratio); the borough median ratio is 8.6. Renting takes 32.5% of median household income (median rent $1,769 a month), above the 30% cost-burden threshold.

10031 ranks 140 of 178 citywide on median household income and 143 of 178 on median home value; its income is far below the $140,381 Manhattan median. 14% of households own their home, far below the 35% citywide ZIP median, so most residents rent. 41% of adults hold a bachelor's degree or higher, above the 39% median, and the poverty rate is 23.9%, far above the 13.8% citywide ZIP median. Unemployment stands at 10.6%.

With 160,679 residents per square mile across 0.38 square miles of land, 10031 is far denser than the citywide ZIP median of 92,954 (rank 25 of 178). This is among the densest residential territory in the United States: high-rise and mid-rise apartment blocks with almost no single-family stock.