ZIP Code 10023 — Demographics & Housing Data 2023

Overview

If you’re considering a move, investment, or business opportunity in ZIP 10023, located in the heart of New York City, this demographic and housing snapshot offers a clear picture of what to expect. Based on the latest 2023 data, this area—often associated with the Upper West Side—boasts a vibrant population, high-income households, and a competitive housing market. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about living or working in ZIP 10023.

Population & Households

ZIP 10023 is home to a substantial population of 67,468 residents, making it a densely populated urban hub. These individuals are distributed across 36,881 households, reflecting a community with a mix of family units, singles, and professionals. With 46,272 total housing units in the area, there’s a notable gap between available units and occupied households, suggesting a competitive market with potential vacancies or secondary homes. This density and diversity make ZIP 10023 a dynamic place to live or invest, with a strong sense of community and access to urban amenities.

Income & Housing Costs

One of the standout features of ZIP 10023 is its affluent economic profile. The median household income stands at an impressive $157,866, indicating a high-earning population likely composed of professionals, executives, and established families. However, this wealth comes with a steep cost of living, especially in housing. The median house value in this ZIP code is $1,401,800, positioning it as a premium real estate market. For renters, the median rent is $3,050 per month, reflecting the high demand for space in this desirable area. These figures underscore the financial commitment required to reside or invest in ZIP 10023, but they also highlight the potential for strong returns in such a prestigious location.

Race & Ethnicity

The demographic makeup of ZIP 10023 is diverse, reflecting the cosmopolitan nature of New York City. The population is predominantly White at 65.4%, with significant representation from Asian residents at 16.19%. Hispanic individuals account for 9.87% of the population, while Black residents make up 4.11%. This blend of cultures contributes to a rich community fabric, offering a variety of perspectives, cuisines, and traditions. For businesses and investors, this diversity can translate into a broad customer base and opportunities for culturally tailored services or products.

Key Facts

• Total population: 67,468 residents, indicating a sizable urban community.
• Total households: 36,881, showing a mix of living arrangements in ZIP 10023.
• Total housing units: 46,272, suggesting some availability or secondary properties.
• Median household income: $157,866, reflecting a high-earning demographic.
• Median house value: $1,401,800, marking this as a premium real estate market.
• Median rent: $3,050, highlighting the high cost of renting in the area.
• Racial composition: 65.4% White, 16.19% Asian, 9.87% Hispanic, 4.11% Black.

What This Means for You

For homebuyers, ZIP 10023 offers a prestigious address with access to top-tier amenities, schools, and cultural landmarks, but be prepared for a significant financial investment with home values averaging over $1.4 million. Renters should budget for high monthly costs around $3,050, though the location’s benefits may justify the expense. Real estate investors and agents will find a lucrative market here, with high property values and a wealthy demographic suggesting strong demand and potential appreciation. Small-business owners can tap into a diverse, high-income customer base of over 67,000 residents, ideal for premium products or services tailored to urban professionals. Analysts can use these metrics to benchmark ZIP 10023 against other urban ZIP codes, noting its unique blend of affluence and diversity as key drivers of opportunity.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 10023? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
• Enter any ZIP code to access up-to-date demographic, income, and housing data tailored to your needs.
• Use the insights to inform your next move, investment, or business strategy with confidence.