Housing Insights for ZIP Code 10462 (Bronx, NY)

Housing Summary for ZIP Code 10462

Homeowners

The median home value in ZIP Code 10462 (Bronx, NY) is $332,400. Approximately 22.2% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 1.1%.

The average occupancy of owner-occupied units in ZIP Code 10462 is 2.91 occupants, while owner-occupied units have an aggregate average size of 1.7 bedrooms per housing unit.

Renters

In the 10462 ZIP Code, an estimated 77.8% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 2.3%.

Among renter-occupied units in this ZIP, the average occupancy is 2.45 occupants, while renters in this Bronx County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 10462

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 10462.

ZIP 10462 New York U.S.
Median Home Value $332,400 $487,737 $356,002
Owner-Occupied Housing Units 22.2% 53.9% 64.0%
Homeowner Vacancy Rate 1.1% 1.7% 1.6%
Average Size of Owner-Occupied Unit 2.91 2.74 2.70
Average # of Bedrooms Per Unit 1.7 2.48 2.75
Median Housing Rent $0 $1,280 $1,062
Renter-Occupied Housing Units 77.8% 46.1% 36.0%
Rental Vacancy Rate 2.3% 4.2% 6.0%
Average Size of Renter-Occupied Unit 2.45 2.41 2.49
Percent of Income Spent on Rent 0% 30.25% 29.83%

Home Values in ZIP Code 10462 (Bronx, NY)

The median home value in ZIP Code 10462 is $332,400. That median value is about 6% higher than the median home value of $313,700 in New York overall, and is 53% higher than the $217,500 the median home value in the entire U.S. About 28.1% of homes in ZIP Code 10462 are valued $500,000 to $999,999. That is 33% higher than in New York, in which 21.2% of homes are valued at $500,000 to $999,999, and is about 146% higher than in the U.S. overall (11.4% of homes valued at $500,000 to $999,999). The home value range that the smallest portion of ZIP Code 10462 homes fall into is $1,000,000 or more (1.6% of homes).

Home Values in ZIP Code 10462

This chart visualizes the breakdown of home values in ZIP Code 10462, New York, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 10462 vs. home values in both the state of New York and in the U.S. overall.

Home Values in ZIP Code 10462

See the table below for a regional comparison of home values in ZIP Code 10462.

Home Value ZIP 10462 New York U.S.
Less than $50,000 2.9% 4.4% 6.9%
$50,000 to $99,999 6.0% 9.9% 12.0%
$100,000 to $149,999 13.4% 10.8% 13.3%
$150,000 to $199,999 17.2% 9.6% 14.0%
$200,000 to $299,999 7.5% 13.6% 19.6%
$300,000 to $499,999 23.3% 22.9% 19.3%
$500,000 to $999,999 28.1% 21.2% 11.4%
$1,000,000 or more 1.6% 7.7% 3.4%

Home Ages in ZIP Code 10462 (Bronx, NY)

Approximately 41.5% of homes in this Bronx, NY region were built in 1939 or earlier. This amount of homes built in 1939 or earlier in ZIP Code 10462 is about 29% higher than percentage of homes built in this time period in New York overall (32.1% of homes), and is 229% higher the percentage (12.6% of homes) in the U.S. as a whole. Additionally, an esimated 23.7% of local homes were built in 1940 to 1949. On the other end of the scale, just 0.5% of homes in this Bronx County ZIP Code were built in 2014 or later in ZIP Code 10462. In comparison, 1.1% of homes in New York overall were built in 2014 or later, while 2.5% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 10462

A detailed regional comparison of home ages in ZIP Code 10462.

Year Built ZIP 10462 New York U.S.
2014 or later 0.5% 1.1% 2.5%
2010 to 2013 1.2% 1.6% 2.7%
2000 to 2009 3.3% 6.3% 14.0%
1990 to 1999 1.8% 6.2% 13.9%
1980 to 1989 1.6% 7.5% 13.4%
1970 to 1979 4.7% 9.9% 15.2%
1960 to 1969 9.1% 12.5% 10.6%
1950 to 1959 12.7% 14.7% 10.3%
1940 to 1949 23.7% 8.1% 4.9%
1939 or earlier 41.5% 32.1% 12.6%

Age of Homes in ZIP Code 10462

See the chart below for details on the age of homes in ZIP Code 10462, New York, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 10462

Frequently asked questions about housing in this Bronx, NY ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 10462.

1

What is the average home value ZIP Code 10462?

The median home value in ZIP Code 10462 (Bronx, NY) is $332,400.
2

Are homes expensive in ZIP Code 10462?

The median home value in 10462 ($332,400) is an estimated 6% higher than the aggregate median value of $313,700 in New York, and is 53% higher than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 10462?

The vacacy rate for owner-occupied housing in ZIP Code 10462 is 1.1%. This rate is 35% lower than the overall New York owner-occupied vacancy rate of 1.7%. Additionally, the 10462 vacancy rate is 31% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 10462 have older homes or newer construction?

In ZIP Code 10462, about 41.5% of homes were built in 1939 or earlier. That time range includes the most home construction. Also, 23.7% of homes in the region were built in 1940 to 1949. In contrast, 0.5% of homes in 10462 were built in 2014 or later.
5

What is the housing breakdown in ZIP Code 10462? Are there more rentals or owner-occupied units?

There is more renter-occupied housing in 10462 than owner-occupied housing. Renter-occupied units make up 77.8% of housing, compared to 22.2% for owner-occupied units.
6

Are rental vacancy rates high in ZIP Code 10462?

The vacacy rate for rental units in ZIP Code 10462 is 2.3%. This rate is 45% lower than the overall New York vacancy rate of 4.2%. Additionally, the 10462 vacancy rate is 62% lower than the entire U.S. vacancy rate of 6.0%.