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CENSUS TRACT

Census Tract 56

New York · New York County · 3,822 residents · 0.067 sq mi
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161165183.01183.0221501509539547555561563.012.01121315.0156
TRACT SHAPE · New York County, NY
The short version

Census Tract 56 is significantly wealthier than the US average, with a median household income of $183,068. Population has declined 5% since 2020. 61% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $1,729,000. The poverty rate of 20.0% is well above the national figure. Households here earn about 76% more than the New York County median.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 43.7
US median: 38.9
More educated
61% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
3,822
−5%since 2020
from 4,043 in 2020
2020 – 2024
Population density
57,045 / sq mi
−5%since 2020
from 60,343 / sq mi in 2020
US average: 281
Median age
43.7
+6%since 2020
from 41.4 in 2020
US average: 38.9
Population, 20202024
4K4K4K4K4K20202024Census Tract 56
20244K
20202024
Section 02

Income & economy

Median household income
$183,068
−1%inflation adjusted, since 2020
from $152,356 in 2020
US average: $82,259
2020 – 2024
Per capita income
$206,022
+21%since 2020
from $170,857 in 2020
US average: $44,673
Households earning $100K+
62.0%
+0.3 ptssince 2020
from 61.7% in 2020
US average: 53.3%
Poverty rate
20.0%
+1.9 ptssince 2020
from 18.2% in 2020
US average: 12.5%
Income inequality (Gini)
0.625
+2%since 2020
from 0.611 in 2020
US average: 0.476
Workforce by industry, 2024
Other services14.8%
US avg: 6.7%
Public administration14.4%
US avg: 4.8%
Information12.3%
US avg: 10.8%
Retail trade3.2%
US avg: 9.9%
Finance & insurance3%
US avg: 5.9%
Professional, scientific, technical3%
US avg: 5.1%
Arts, entertainment, food2.5%
US avg: 1.9%
Wholesale trade2.3%
US avg: 6.9%
Agriculture, forestry, fishing1%
US avg: 1.6%
Construction1%
US avg: 1.2%
Transportation & warehousing0.5%
US avg: 2.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$1,729,000
+4%inflation adjusted, since 2020
from $1,369,600 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$2,657
+222%inflation adjusted, since 2020
from $681 in 2020
US average: $1,442
Owner-occupied
29.6%
−2.7 ptssince 2020
from 32.3% in 2020
70.4% rent
Vacancy rate
17.1%
Unchangedsince 2020
from 17.1% in 2020
US average: 10.0%
Owner cost-burdened
17.9%
+2.2 ptssince 2020
from 15.7% in 2020
US average: 22.9%
Renter cost-burdened
57.3%
+12.3 ptssince 2020
from 45.0% in 2020
US average: 47.4%
Afford Score
9.4
+5%since 2020
from 9.0 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 56 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic60.7%(2,453)
Black5.4%(218)
Hispanic / Latino19.3%(779)
Asian9.3%(374)
Other5.4%(219)
Diversity Score72.5%(2,933)
2024
White, non-Hispanic43.4%(1,660)
Black10%(383)
Hispanic / Latino24%(919)
Asian9.4%(358)
Other13.1%(502)
Diversity Score89.7%(3,428)
Diversity Score
90
+24%since 2020
from 73 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
60.5%
−2.9 ptssince 2020
from 63.4% in 2020
US average: 35.6%
High school or higher
90.8%
+0.6 ptssince 2020
from 90.2% in 2020
US average: 89.6%
Graduate degree
31.1%
−1.7 ptssince 2020
from 32.7% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
29.0 min
−10%since 2020
from 32.3 min in 2020
US average: 26.5
Drive alone to work
12.3%
+5.9 ptssince 2020
from 6.4% in 2020
US average: 68.9%
Carpooled to work
0.2%
+0.2 ptssince 2020
from 0.0% in 2020
US average: 8.5%
Public transit
22.1%
−29.4 ptssince 2020
from 51.6% in 2020
US average: 3.2%
Worked from home
34.4%
+28.0 ptssince 2020
from 6.4% in 2020
US average: 15.0%
Walked to work
26.3%
+0.9 ptssince 2020
from 25.4% in 2020
US average: 2.4%
Biked to work
1.6%
−0.3 ptssince 2020
from 1.9% in 2020
US average: 0.4%
No vehicle available
86.5%
+9.6 ptssince 2020
from 76.9% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
5.0%
+2.1 ptssince 2020
from 2.8% in 2020
US average: 5.2%
Labor force participation
68.8%
Unchangedsince 2020
from 68.8% in 2020
US average: 63.5%
Self-employed
6.6%
−4.7 ptssince 2020
from 11.4% in 2020
US average: 13.1%
Management & professional
58.4%
Unchangedsince 2020
from 58.4% in 2020
US average: 42.5%
Section 08

People & community

Male
46.9%
−1.6 ptssince 2020
from 48.5% in 2020
Female
53.1%
+1.6 ptssince 2020
from 51.5% in 2020
Foreign born
30.6%
+9.6 ptssince 2020
from 21.0% in 2020
US average: 14.1%
Veterans
1.2%
+0.6 ptssince 2020
from 0.6% in 2020
US average: 6.2%
With a disability
9.5%
+0.9 ptssince 2020
from 8.6% in 2020
US average: 13.3%
Uninsured
2.5%
−0.7 ptssince 2020
from 3.2% in 2020
US average: 8.4%
Broadband at home
92.0%
+9.7 ptssince 2020
from 82.3% in 2020
US average: 91.0%
English only at home
72.0%
−0.4 ptssince 2020
from 72.4% in 2020
US average: 77.7%
Spanish at home
11.4%
−3.4 ptssince 2020
from 14.9% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 3,822 residents according to the 2024 American Community Survey.

What is the median household income in this census tract?

The typical household in this census tract earns about $183,068 a year. Half of households make more than that, and half make less.

Is this census tract expensive?

In this census tract, the median home is worth about $1,729,000, and the typical rent is about $2,657 a month.

How educated are people in this census tract?

About 60.5% of adults age 25 and over in this census tract hold a bachelor's degree or higher.

What is the poverty rate in this census tract?

About 20.0% of people in this census tract live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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