ZIP Code 10701 — Demographics & Housing Data 2023

Overview

If you’re considering a move, investment, or business opportunity in ZIP 10701, located in Yonkers, New York, this demographic and housing snapshot offers a clear picture of the area. With a population of over 70,000 and a diverse community, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Drawing from the latest 2023 data, we’ll break down key metrics on population, income, housing, and ethnicity to help you make informed decisions.

Population & Households

ZIP 10701 is home to a substantial population of 70,054 residents, making it a densely populated urban area with a vibrant community. These individuals are distributed across 27,163 households, reflecting a mix of family structures and living arrangements. The total number of housing units stands at 28,252, indicating a slight surplus of available homes compared to occupied households. This could suggest opportunities for buyers or renters looking to settle in the area, as well as potential inventory for investors to consider.

Income & Housing Costs

The median household income in ZIP 10701 is $63,310, which provides a moderate earning base for residents. This income level supports a range of lifestyles and can influence the types of businesses that thrive here. On the housing front, the median home value is $412,900, reflecting a significant investment for potential buyers. For renters, the median rent is $1,694 per month, which aligns with the urban setting and proximity to New York City. These figures suggest that while homeownership may require substantial financial planning, renting remains a viable option for many in this community.

Race & Ethnicity

ZIP 10701 stands out for its cultural diversity, with a population composition that reflects a rich blend of backgrounds. The largest demographic group is Hispanic, making up 51.62% of residents, followed by White at 20.73% and Black at 20.6%. Asian residents account for 2.93% of the population. This diversity shapes the social fabric of the area, influencing local businesses, schools, and community events. For investors and business owners, this mix offers a chance to cater to varied cultural needs and preferences, while homebuyers can expect a welcoming, multifaceted neighborhood.

Key Facts

• Total population: 70,054 residents, indicating a sizable urban community.
• Total households: 27,163, with diverse family and living arrangements.
• Total housing units: 28,252, suggesting some availability for new occupants.
• Median household income: $63,310, supporting a moderate economic base.
• Median home value: $412,900, reflecting a significant real estate investment.
• Median rent: $1,694, a competitive rate for an urban area near NYC.
• Ethnic diversity: 51.62% Hispanic, 20.73% White, 20.6% Black, 2.93% Asian.

What This Means for You

For homebuyers, ZIP 10701 offers a chance to join a diverse, urban community with a median home value of $412,900. While this price point requires careful budgeting, the area’s cultural richness and proximity to major hubs like New York City add long-term value. Renters can find options at a median of $1,694, which may suit those not ready to buy.

For investors and real estate agents, the slight surplus of housing units (28,252 total vs. 27,163 households) hints at potential for rental properties or flips, especially given the area’s population density and diversity. The median income of $63,310 suggests a stable tenant base for rental investments.

For small-business owners, the demographic makeup and income levels point to opportunities in culturally tailored goods and services. With over 70,000 residents, there’s a sizable customer base, particularly for businesses that resonate with Hispanic, White, and Black communities.

For analysts, these metrics provide a foundation for deeper studies on urban trends, housing affordability, and economic diversity in ZIP 10701, offering actionable insights for policy or investment strategies.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 10701? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Input any ZIP code to access up-to-date population, housing, and income metrics tailored to your needs.
• Use the insights to inform your next home purchase, investment decision, or business plan with confidence.