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Rental Insights for ZIP Code 10032 (New York, NY)

Housing Rentals in ZIP Code 10032 (New York, NY)

10032 ZIP Code in New York

Information for Renters in ZIP Code 10032

ZIP Code 10032 is predominantly located in New York, NY in New York County. The median housing rent in this New York region is estimated at $1,239 per month. About 90.8% of housing units in this New York County ZIP Code are occupied by renters, while the region has an approximate rental vacancy rate of 2.2%.

The median rent in ZIP Code 10032 of $1,239 per month is 3% lower than the aggregate New York median monthly rent of $1,280, and is 17% higher than the $1,062 the median monthly rent in the U.S. overall. An estimated 28.1% of renters in ZIP Code 10032 pay between $1,000 and $1,499 per month for housing. That is 3% higher than in New York overall, in which 27.4% of total state residents pay between $1,000 and $1,499 per month for housing. Just 2.9% of renters in this New York, NY region pay $3,000 or more per month for rent.

ZIP Code 10032 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 10032

See the chart below for a comparison of monthly rental costs in ZIP Code 10032, New York, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 10032 along with those in the state of New York and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 10032

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 10032 New York U.S.
Less than $500 12.4% 10.6% 9.4%
$500 to $999 21.8% 23.6% 36.2%
$1,000 to $1,499 28.1% 27.4% 30.0%
$1,500 to $1,999 19.0% 18.9% 14.0%
$2,000 to $2,499 12.4% 9.1% 5.6%
$2,500 to $2,999 3.3% 4.4% 2.4%
$3,000 or more 2.9% 6.0% 2.4%

Rent Cost vs. Income in ZIP Code 10032

Renters in ZIP Code 10032 use an estimated 29.88% of their income to cover their monthly rent payments. That is about 1% lower than in New York overall. The estimate for New York overall is 30.25% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 10032 renters use about 0% more of their income to cover rent expense. Household income figures for ZIP Code 10032 come in lower than in New York as a whole. The median annual household income in ZIP Code 10032 of $53,525 sits approximately 22% lower than the overall New York median income of $68,486 and approximately 15% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 10032

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 10032, New York, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 10032 along with the same calculations in the state of New York and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 10032

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 10032 New York U.S.
Less than 15.0 percent 14.6% 13.9% 13.1%
15.0 to 19.9 percent 10.4% 11.6% 12.9%
20.0 to 24.9 percent 13.7% 11.6% 12.9%
25.0 to 29.9 percent 10.2% 10.7% 11.6%
30.0 to 34.9 percent 10.5% 9.1% 9.1%
35.0 percent or more 40.7% 43.1% 40.5%

Household Income in ZIP Code 10032

See the table below for the regional comparison of annual household income in ZIP Code 10032.

Income ZIP 10032 New York U.S.
Less than $10,000 9.2% 6.6% 6.0%
$10,000 to $14,999 8.0% 4.8% 4.3%
$15,000 to $24,999 10.0% 8.5% 8.9%
$25,000 to $34,999 9.0% 7.9% 8.9%
$35,000 to $49,999 11.1% 10.6% 12.3%
$50,000 to $74,999 17.4% 15.2% 17.2%
$75,000 to $99,999 11.5% 12.0% 12.7%
$100,000 to $149,999 14.2% 15.7% 15.1%
$150,000 to $199,999 6.0% 8.1% 6.8%
$200,000 or more 3.4% 10.7% 7.7%

Household Income in ZIP Code 10032

See the chart below for a comparison of annual household income figures in ZIP Code 10032, New York, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 10032 alongside the same figures for the state of New York and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 10032

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 10032.

ZIP 10032 New York U.S.
Median Housing Rent $1,239 $1,280 $1,062
Renter-Occupied Housing Units 90.8% 46.1% 36.0%
Rental Vacancy Rate 2.2% 4.2% 6.0%
Average Size of Renter-Occupied Unit 2.99 2.41 2.49
Average # of Bedrooms Per Unit 1.98 2.48 2.75
Percent of Income Spent on Rent 29.88% 30.25% 29.83%
Per Capita Income $26,900 $39,326 $34,103
Median Household Income $70,511 $101,945 $88,607
Living Below the Poverty Line 17.4% 10.4% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 10032

In ZIP Code 10032 (New York, NY), and estimated 90.8% of housing units are occupied by renters. This region has an approximate rental vacany rate of 2.2%.

The per capita income in 10032 is estimated at $26,900, which goes along with an estimated median household income of $70,511. About 17.4% of residents in this New York County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.99 occupants, while the units have an aggregate average size of 1.98 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 29.88% of their income on housing rental costs.

Rental FAQs for ZIP Code 10032

1

What is the median monthly rent in ZIP Code 10032?

Median rent for housing in ZIP Code 10032 in New York County in New York is approximately $1,239 per month.
2

Is it expensive to rent in ZIP Code 10032?

Rent in ZIP Code 10032 is lower than average in the state of New York overall. The median monthly rent of $1,239 in ZIP Code 10032 is approximately 3% lower than the New York median of $1,280. Additionally, median rent in this New York, NY region ($1,239) is about 17% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 10032?

High-priced rentals are less common in ZIP Code 10032 than in New York overall. The percentage of rentals in ZIP Code 10032 that cost $3,000 or more per month (2.9%) is about 52% lower than the New York rate of 6.0% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 21% lower than the aforementioned 10032 rate of 2.9%.
4

Are affordable rentals common in ZIP Code 10032?

Affordable rentals are not uncommon in ZIP Code 10032, compared to New York overall. The percentage of housing rentals in ZIP Code 10032 costing $999 or less per month (34.2%) is approximately 0% roughly equal to the New York rate of 34.2% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 25% higher than the previously mentioned 10032 rate of 34.2%.
5

What is the most common cost range that rentals fall into in ZIP Code 10032?

The most common range for rental cost in ZIP Code 10032 is between $1,000 and $1,499 per month. About 28.1% of renters in 10032 pay in this range for monthly rent. In comparison, approximately 27.4% of renters in the state of New York fall in the between $1,000 and $1,499 range, and 30.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 10032 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 10032 is lower than the rental vacancy rate in the state of New York overall. Rental vacancy of 2.2% in ZIP Code 10032 is about 48% lower than the New York rate of 4.2%. Looking more broadly, rental vacancy in this New York, NY region (2.2%) is an estimated 63% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 10032? How does it compare to other New York regions?

Median household income in ZIP Code 10032 is lower than in the state of New York overall. Annual household income of $53,525 in ZIP Code 10032 is about 22% lower than the New York median of $68,486. Additionally, median household income in this New York, NY region ($53,525) is approximately 15% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 10032 spend on housing costs?

Renters in ZIP Code 10032 spend a lower amount of their income on rent costs than do renters in New York overall. Renters in ZIP Code 10032 spend an estimated 29.88% of their income on rent payments, which is about 1% lower than the overall New York estimated rate of 30.25%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 0% lower than the ZIP Code 10032 estimated rate of 29.88%.
9

Do renters in ZIP Code 10032 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 10032 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 10032 spending 30 percent or more of their income on rent costs (51.2%) is approximately 2% lower than the New York rate of 52.2% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 3% lower than the aforementioned 10032 rate of 51.2%.
10

What is the average household size of renter-occupied units in ZIP Code 10032?

The average household size of renter-occupied units in ZIP Code 10032 is higher than in the state of New York overall. Annual household size of 2.99 in ZIP Code 10032 is about 24% higher than the New York median of 2.41. Additionally, median household size in this New York, NY region (2.99) is approximately 20% higher than median household size of 2.49 in the U.S. as a whole.

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