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New York city, NY

ZIP 10040 — Housing & Real Estate

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

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 10040

Median Home Value
$465,700
Median Rent
$1,546
Affordability Snapshot
$128,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,992/mo PITI).

29%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

7.3x
Home Price-to-Income Ratio

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

25.1 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 10040 in New York city, NY, a household would need roughly $128,000 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 $2,992. That is about 100% above the local median household income ($64,022), 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
15.4%-76% vs US avg
x
Vacancy Rate
4.5%-57% vs US avg
x
Broadband Access
91.8%+5% vs US avg
x
4+ Bedrooms
0.6%-96% vs US avg
x
Built Pre-1939
14.1%+10% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
31.4%-37% vs US avg
x
Mortgage-Free
48.2%+26% vs US avg
x
$465,700
Home Value
$1,546
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 detached0.6%
  • 1-unit attached0.4%
  • 2-9 units2.7%
  • 10+ units96.1%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$465,700
Median rent$1,546
Owner-occupied15.4%
Vacant4.5%
Price-to-income7.3x
Est. income to buy$128,000