ZIP Code 10016 – United States

ZIP Code 10016 belongs to New York, NY. The table below show the information about the city, county, state, latitude, longitude of ZIP code 10016.

ZIP Code 10016 Demographics

ZIP Code 10016 is located in New York, specifically in the borough of Manhattan. It encompasses areas of Midtown South and the Gramercy neighborhood. The area is known for its blend of residential, commercial, and cultural spaces. Below is a detailed breakdown of its demographics.

Population Overview

• Total Population: Approximately 60,000 residents
• Median Age: Around 37 years
• Household Size: Average household size is 1.9 persons

Racial and Ethnic Composition

The racial makeup of ZIP Code 10016 is diverse, with a variety of ethnic groups residing in the area.

Ethnic Breakdown

• White: 58.7%
• Black or African American: 10.3%
• Asian: 8.6%
• Hispanic or Latino: 18.1%
• Other: 4.3%

Household and Income Information

Household Types

• Family Households: 35.2%
• Non-family Households: 64.8%

Income

• Median Household Income: $75,000
• Per Capita Income: $50,000

Poverty Rate

• Poverty Rate: 14.5%

Education Levels

• High School Graduate or Higher: 92%
• Bachelor’s Degree or Higher: 52%

Housing and Living Situation

The area has a mix of rental and owned properties, with many residents living in apartment buildings and condos.

Housing Data

Employment Statistics

Employment Status

• Employed: 85%
• Unemployed: 5%
• Not in Labor Force: 10%

Common Industries of Employment

• Finance: 22%
• Professional, Scientific, and Technical Services: 18%
• Education Services: 12%
• Health Care and Social Assistance: 10%

Housing Costs

The ZIP code sees varying housing costs based on the type of property.

Average Home Price

• Median Home Value: $950,000

Rent Information

• Studio: $2,200/month
• 1-Bedroom: $2,800/month
• 2-Bedroom: $3,500/month

Transportation

Most residents in ZIP Code 10016 rely on public transportation due to its proximity to Manhattan’s business centers.

Commuting Data

• Public Transportation: 60%
• Car or Other Vehicle: 30%
• Walking or Biking: 10%

Notable Features and Landmarks

• Gramercy Park: A historical park and neighborhood landmark.
• The MetLife Building: A famous skyscraper located in the area.
• Madison Square Park: A popular park offering green space and public art.

Nearby ZIP Codes of 10016