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New York city, NY

ZIP 10031 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLarge CommunityLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 10031

Median Home Value
$678,000
Median Rent
$1,640
Affordability Snapshot
$187,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,355/mo PITI).

30%
Rent-to-Income Ratio

Above the 30% affordability threshold — housing cost-burdened area.

10.4x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

34.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 10031 in New York city, NY, a household would need roughly $187,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $4,355. That is about 187% above the local median household income ($65,067), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
13.7%-79% vs US avg
x
Vacancy Rate
8.8%-15% vs US avg
x
Broadband Access
91.2%+5% vs US avg
x
4+ Bedrooms
2.0%-86% vs US avg
x
Built Pre-1939
6.4%-50% vs US avg
x
Built Post-2014
0.0%-99% vs US avg
x
Rent Burden >30%
31.6%-36% vs US avg
x
Mortgage-Free
52.6%+38% vs US avg
x
$678,000
Home Value
$1,640
Rent
1938
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached0.9%
  • 1-unit attached1.6%
  • 2-9 units12.4%
  • 10+ units84.7%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$678,000
Median rent$1,640
Owner-occupied13.7%
Vacant8.8%
Price-to-income10.4x
Est. income to buy$187,000