How much is a home worth in ZIP code 10002?

The typical home in 10002 is worth $979,433, based on the Zillow Home Value Index.

Are home values rising in 10002?

Home values in 10002 are up 2.1% over the past year, and down 3.5% a year over five years.

What is the typical rent in 10002?

A typical home in 10002 rents for about $4,753 a month, a gross rental yield of 5.8%.

What is the property tax rate in 10002?

The effective property tax rate in 10002 is 0.5% — roughly $5,169 a year on a typical home.

ZIP code 10002 has a population of 76,873 and a median household income of $48,386.

HousingHandbookReference data

…

U.S. ZIP Code · NY10002

New York County · New York-Newark-Jersey City, NY-NJ

Typical home value

$979,433^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.1%
5-year / yr: -3.5%
10-year / yr: +1.3%

Relative price

vs U.S.: +244.8%
vs metro: +34.3%
vs state: +207.4%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 10002 is worth $979,433 — 34.3% above the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 2.1%. Homes here rent for a typical $4,753 a month — a 5.8% gross rental yield. The effective property tax rate is 0.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $4,753^[2]
Gross yield: 5.8%^[2]
Cap rate: 3.5%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.5%^[3]
Typical annual tax: $5,169^[3]

#Climate risk

FEMA National Risk Index ratings for New York County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Very High
Coastal flood: Relatively Moderate
Wildfire: Very Low
Drought: No Rating
Heat wave: Relatively High
Hurricane: Relatively High
Tornado: Relatively Moderate
Earthquake: Relatively Moderate
Winter weather: Very High

#Who lives here

Population: 76,873^[3]
Median household income: $48,386^[3]

#Migration

Household moves in and out of New York County over a year, from IRS tax-return data.

Net migration: +2,935^[5]
Moved in: 82,255
Moved out: 79,320

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 30
Elementary: 12
Middle: 3
High: 12

NEW EXPLORATIONS INTO SCIENCETECH AND MATH HIGH SCHOOL
Other · Grades K–12 · NEW YORK CITY GEOGRAPHIC DISTRICT # 1
1,613 students
PS 184 SHUANG WEN
Elementary · Grades PK–8 · NEW YORK CITY GEOGRAPHIC DISTRICT # 1
734 students
BARD HIGH SCHOOL EARLY COLLEGE
High · Grades 9–12 · NEW YORK CITY GEOGRAPHIC DISTRICT # 1
549 students
PACE HIGH SCHOOL
High · Grades 9–12 · NEW YORK CITY GEOGRAPHIC DISTRICT # 2
534 students
PS 124 YUNG WING
Elementary · Grades PK–5 · NEW YORK CITY GEOGRAPHIC DISTRICT # 2
500 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield5.8%

Net yield (after ~40% expenses)3.5%

Annual rent$57,030

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$4,953

Loan principal$783,546

Down payment$195,887

Total interest paid$999,370

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.30

Monthly cost to own$6,201

Monthly rent$4,753

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 2nd percentile^[1]
Rental yield: 75th percentile^[2]
Property tax: 5th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

2nd for fastest-growing in NYView list →

Frequently asked

How much is a home worth in ZIP code 10002?: The typical home in 10002 is worth $979,433, based on the Zillow Home Value Index.
Are home values rising in 10002?: Home values in 10002 are up 2.1% over the past year, and down 3.5% a year over five years.
What is the typical rent in 10002?: A typical home in 10002 rents for about $4,753 a month, a gross rental yield of 5.8%.
What is the property tax rate in 10002?: The effective property tax rate in 10002 is 0.5% — roughly $5,169 a year on a typical home.
Who lives in 10002?: ZIP code 10002 has a population of 76,873 and a median household income of $48,386.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

07640 vs 10002 →
Harrington Park, NJ
Typical home
$979,300
Gross yield
—
10605 vs 10002 →
White Plains, NY
Typical home
$980,766
Gross yield
3.8%
07650
Palisades Park, NJ
Typical home
$980,982
Gross yield
—
11547
Glenwood Landing CDP, NY
Typical home
$977,490
Gross yield
—
11944
Greenport West CDP, NY
Typical home
$984,835
Gross yield
—
07764
West Long Branch, NJ
Typical home
$986,549
Gross yield
—

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#Jump to section

U.S. ZIP Code · NY10002

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