Property: 48 West 54th Street

48 W 54th St

This Property At A Glance

Wealthy Area

The median income in this area is $107,173, which is higher than typical for Manhattan.

Property: 48 West 54th Street is a building in NEW YORK.

The typical wait time for a taxi at Property: 48 West 54th Street is 38 seconds.

As for the demographics around Property: 48 West 54th Street, the median age is 55, 46% of residents are married, and 5% of residents have at least one child. The median individual full-time income is about $107,173 and about 46% 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*

$1,150,000
$690,000
$1,610,000
*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

83% higher than the national average

Housing costs

89% higher than the national average

Food & Beverage costs

74% higher than the national average

Transportation costs

67% higher than the national average

Apparel costs

87% higher than the national average

Entertainment costs

86% higher than the national average

Utility costs

68% higher than the national average

Healthcare costs

70% higher than the national average

Insurance costs

111% higher than the national average

Tobacco costs

44% higher than the national average

Income

The median household income in this area is
$98,416
Per year
The median full-time individual income in this area is
$107,173
Per year

Rent vs. Own

The percent of households occupied by renters is
71%
The percent of households occupied by owners is
28%

Tax Information

The sales tax rate in this area is
9.0%
The average annual property tax in this area is
$24,608

Transportation

Taxi Stats

The typical wait time for a taxi is
38
seconds at West 54th Street and 5th Avenue
In a typical hour
197
available taxis pass by West 54th Street and 5th Avenue
In a typical hour
14
taxis pick up passengers at West 54th Street and 5th Avenue
In a typical hour
17
taxis drop off passengers at West 54th Street and 5th Avenue

Commute Stats

The common time to leave for work in this neighborhood is
8:00 AM to 8:29 AM
The most common way to commute in this neighborhood is
Walked
The percent of households with at least one car in this area is
19%

Your Commute Times

Demographics

Census at a Glance

The median age is
56
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
5%
of all households in this area
The percent of people in this area who are married is
46%

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