ZIP Code 10016

In ZIP code 10016, part of New York, households earn a median of $140,381, with per-capita income reaching $127,674. Homes here carry a median value of $905,000, and the county-level effective property tax rate sits at 0.92%. Add the combined sales tax of 8.88%, and daily purchases carry a noticeable premium alongside housing costs. High earnings help offset these expenses, though a seven-figure home price paired with even a sub-1% property tax still produces a substantial annual bill. Sales tax applies broadly across goods and services, so the overall cost picture blends strong incomes with consistently elevated housing and transaction costs.