197 W 16th St

This Property At A Glance

Wealthy Area

The median income in this area is $94,022, which is higher than typical for Manhattan.

197 W 16th St is a building in NEW YORK.

The typical wait time for a taxi at 197 W 16th St is 52 seconds.

As for the demographics around 197 W 16th St, the median age is 39, 31% of residents are married, and 11% of residents have at least one child. The median individual full-time income is about $94,022 and about 41% of adults here have a bachelor's degree or higher.

Regarding weather, the average summer temperature is 76.5°F, while the average winter temperature is 32.6°F. The average annual rainfall is 49.9 inches and the average annual snowfall is 25.8 inches.

Financial

Value Estimate*

$1,270,000
$762,000
$1,778,000
*Value Estimate range is for typical homes in this area. Click here to speak with a neighborhood specialist who can provide you with a free, custom valuation of this property.

Cost of living

National Average

Overall costs

52% higher than the national average

Housing costs

56% higher than the national average

Food & Beverage costs

46% higher than the national average

Transportation costs

39% higher than the national average

Apparel costs

55% higher than the national average

Entertainment costs

53% higher than the national average

Utility costs

43% higher than the national average

Healthcare costs

44% higher than the national average

Insurance costs

70% higher than the national average

Tobacco costs

26% higher than the national average

Income

The median household income in this area is
$88,792
Per year
The median full-time individual income in this area is
$94,022
Per year

Rent vs. Own

The percent of households occupied by renters is
69%
The percent of households occupied by owners is
30%

Tax Information

The sales tax rate in this area is
9.0%
The average annual property tax in this area is
$22,557

Transportation

Taxi Stats

The typical wait time for a taxi is
52
seconds at West 16th Street and 7th Avenue
In a typical hour
143
available taxis pass by West 16th Street and 7th Avenue
In a typical hour
10
taxis pick up passengers at West 16th Street and 7th Avenue
In a typical hour
7
taxis drop off passengers at West 16th Street and 7th Avenue

Commute Stats

The common time to leave for work in this neighborhood is
9:00 AM to 9:59 AM
The most common way to commute in this neighborhood is
Subway
The percent of households with at least one car in this area is
17%

Your Commute Times

Demographics

Census at a Glance

The median age is
40
Years Old

Upgrade to see detailed census data

Is the neighborhood around this building filled with the post-college party crowd, overrun with young parents and strollers, or more senior-friendly? Is it a wealthier area, an up-and-coming neighborhood, or a bit on the grittier side?

The most common education level in this area is
Bachelor's Degree
Households with children are
11%
of all households in this area
The percent of people in this area who are married is
31%

Weather & Natural Disasters

Weather

The average temperature in this area during the winter is
33°F
The average temperature in this area during the summer is
76°F
The average rainfall in this area is
50
inches annually
The average snow in this area is
26
inches annually

Natural Disasters

Risk of storms
in this area is
mild
Risk of earthquakes
in this area is
mild
Risk of hurricanes
in this area is
mild
Risk of tornadoes
in this area is
low
Risk of hailstorms
in this area is
mild
Risk of windstorms
in this area is
high

Flood Zone Map

Flood Zones

Low Risk High Risk