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These days, finding an affordable place to live in the 10016 area can be challenging. Home prices in 10016 are now at a median cost of $1,132,932, higher than the New York average of $610,895.
The average cost of rent is $3,046/mo in 10016, primarily driven by the current value of real estate in the 10016 area. In 10016, 74.57% of households rent, and 44.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 10016 is $13,802 per month. Households that rent pay about 22.07% of their income on rent here. 10016’s most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 10158, NY: less expensive homes
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- 10010, NY: equally priced homes
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- 10017, NY: less expensive homes
- 10112, NY: equally priced homes
- 10152, NY: equally priced homes
- 10001, NY: less expensive homes
- 10018, NY: higher priced homes
Zip Codes with Similar Populations
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