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550 5th Ave

550 5th Ave

This Property At A Glance

Wealthy Area

The median income in this area is $108,490, which is higher than typical for Manhattan.

550 5th Ave is a building in NEW YORK.

The typical wait time for a taxi at 550 5th Ave is 30 seconds.

As for the demographics around 550 5th Ave, the median age is 50, 50% of residents are married, and 3% of residents have at least one child. The median individual full-time income is about $108,490 and about 43% 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 32.1°F.

Location Financial Transportation Demographics Weather

Financial

Value Estimate*

$959,500
$575,700
$1,343,300
*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

19% lower than the national average

Housing costs

17% lower than the national average

Food & Beverage costs

21% lower than the national average

Transportation costs

26% lower than the national average

Apparel costs

16% lower than the national average

Entertainment costs

14% lower than the national average

Utility costs

17% lower than the national average

Healthcare costs

8% lower than the national average

Insurance costs

14% lower than the national average

Tobacco costs

29% lower than the national average

Income

The median household income in this area is
$77,302
Per year
The median full-time individual income in this area is
$108,490
Per year

Rent vs. Own

The percent of households occupied by renters is
88%
The percent of households occupied by owners is
11%

Tax Information

The sales tax rate in this area is
8.875%
The average annual property tax in this area is
$5,333

Transportation

Taxi Stats

The typical wait time for a taxi is
30
seconds at West 45th Street and 5th Avenue
In a typical hour
244
available taxis pass by West 45th Street and 5th Avenue
In a typical hour
11
taxis pick up passengers at West 45th Street and 5th Avenue
In a typical hour
15
taxis drop off passengers at West 45th 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
12%

Your Commute Times

Demographics

Census at a Glance

The median age is
51
Years Old
The most common education level in this area is
Bachelor's Degree
Households with children are
3%
of all households in this area
The percent of people in this area who are married is
50%

Weather & Natural Disasters

Weather

The average temperature in this area during the winter is
32°F
The average temperature in this area during the summer is
76°F

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

Flood Zone Map

Flood Zones

Low Risk High Risk
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