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New York city, NY

ZIP 10038 — Housing & Real Estate

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

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 10038

Median Home Value
$865,700
Median Rent
$3,140
Affordability Snapshot
$238,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$5,561/mo PITI).

33%
Rent-to-Income Ratio

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

7.5x
Home Price-to-Income Ratio

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

23.0 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 10038 in New York city, NY, a household would need roughly $238,000 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 $5,561. That is about 107% above the local median household income ($115,121), 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

Vacancy rate 15% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
28.4%-57% vs US avg
x
Vacancy Rate
15.3%+48% vs US avg
x
Broadband Access
89.6%+3% vs US avg
x
4+ Bedrooms
0.1%-100% vs US avg
x
Built Pre-1939
4.6%-64% vs US avg
x
Built Post-2014
0.7%-90% vs US avg
x
Rent Burden >30%
19.0%-62% vs US avg
x
Mortgage-Free
62.5%+64% vs US avg
x
$865,700
Home Value
$3,140
Rent
1966
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached1.3%
  • 1-unit attached0.1%
  • 2-9 units3.4%
  • 10+ units95.3%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$865,700
Median rent$3,140
Owner-occupied28.4%
Vacant15.3%
Price-to-income7.5x
Est. income to buy$238,000