ZIP Code 10461

In ZIP code 10461, part of the Bronx, the median home value of $663,500 stands far above the median household income of $67,028 — a gap that shapes nearly every buying decision here. The county-level effective property tax rate of 1.03% adds roughly $6,834 in annual taxes on a home at that median value, a heavy sum against typical earnings. Per-capita income sits at $33,651, reinforcing how stretched many budgets are. A combined sales tax rate of 8.88% further trims spending power. Together, these figures show a market where ownership demands far more than local incomes alone can readily support.