ZIP Code 10550

In ZIP code 10550, which takes in part of the Bronx, households earn a median of $60,701, while per-person income reaches $33,256. Homes here are valued at a median of $494,300, and the county's 1.51% effective property tax rate translates into a substantial annual bill on that amount. Add the combined 8.38% sales tax, and everyday purchases also chip away at earnings. With income well below home values, owners face real pressure balancing mortgage costs, taxes, and daily expenses, while renters contend with the same sales tax on nearly everything they buy.