501 Canal St

This Property At A Glance

In Downtown

501 Canal St is located in Downtown, a neighborhood in Other.

Wealthy Area

The median income in this area is $86,576, which is higher than typical for Manhattan.

Tree-Lined Streets

There are 323 street trees within a block of 501 Canal St.

501 Canal St is a building in Manhattan's Downtown near Renwick Street and Canal Street.

The closest subway access includes the 1 at Canal St & Varick St, there are 1 Citi Bike station nearby, and the typical wait time for a taxi at 501 Canal St is 3 minutes.

As for the demographics around 501 Canal St, the median age is 38, 24% of residents are married, and 14% of residents have at least one child. The median individual full-time income is about $86,576 and about 42% of adults here have a bachelor's degree or higher. Voters in this area are 75% Democrat.

Regarding weather, the average summer temperature is 76.5°F, while the average winter temperature is 32.6°F. The average annual rainfall is 46.1 inches and the average annual snowfall is 25.8 inches.

Financial

Value Estimate*

$1,240,000
$744,000
$1,736,000
*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

77% higher than the national average

Housing costs

82% higher than the national average

Food & Beverage costs

68% higher than the national average

Transportation costs

63% higher than the national average

Apparel costs

82% higher than the national average

Entertainment costs

80% higher than the national average

Utility costs

63% higher than the national average

Healthcare costs

64% higher than the national average

Insurance costs

105% higher than the national average

Tobacco costs

39% higher than the national average

Income

The median household income in this area is
$99,829
Per year
The median full-time individual income in this area is
$86,576
Per year

Rent vs. Own

The percent of households occupied by renters is
70%
The percent of households occupied by owners is
29%

Tax Information

The sales tax rate in this area is
9.0%
The average annual property tax in this area is
$17,982

Transportation

Subway Access

Canal St & Varick St
1
2 min

Taxi Stats

The typical wait time for a taxi is
3
minutes at Renwick Street and Canal Street
In a typical hour
45
available taxis pass by Renwick Street and Canal Street

Commute Stats

The common time to leave for work in this neighborhood is
8:30 AM to 8:59 AM
The most common way to commute in this neighborhood is
Subway
There is
1
Citi Bike Station within 3 blocks of
The percent of households with at least one car in this area is
23%

Your Commute Times

Local Quality

Street Trees

323 street trees within a block of

77 street trees is typical around buildings in Manhattan

Demographics

Census at a Glance

The median age is
38
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
14%
of all households in this area
The percent of people in this area who are married is
24%

Political

The Area is
75%
registered Democrat

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
46
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
low
Risk of windstorms
in this area is
high