10009, New York, NY

The 10009 zip code of New York, NY has a median home value of $269,000 and a median home equity value of $123,000. The 10009 zip code ranks #1 in terms of both home values and home equity values in the city. In addition, the 10009 zip code has the highest average household income in the city at $101,000.

There are a number of reasons why the 10009 zip code is so wealthy. First, it is located in one of the most affluent areas of New York City. Second, there is a high concentration of affluent families in this area. Finally, many homeowners have taken advantage of low interest rates to borrow money against their homes and invest the proceeds elsewhere. As a result, homes in this area are relatively expensive compared to other parts of New York City.

Despite these benefits, not everyone in the 10009 zip code is wealthy. There are also a number of low-income families living here who struggle to afford housing on their own or who have to live near poverty levels due to high housing costs. In addition, there is an increasing number of young people moving into this area who are unable to find affordable housing elsewhere due to its high prices. This trend may continue as more people enter their twenties and thirties and face increased competition for jobs and apartments in New York City