ZIP Code 10940: Population, Income, Housing

State: NY
Total population: 53,611 Household income: $87,080 Rent: $1,673

Overview

Total population
53,611
Rent
$1,673
Year built
1972
Household income
$87,080
Per capita income
$37,711
Poverty rate
12.5%
Unemployment rate
N/A
Household size
2.8 persons
Rent over 30% of income
52.8%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Demographics

State
New York
County
Orange County
City
Wallkill
Total population
53,611
Adults over 25
35,888
Total households
18,631
Household size
2.8 persons

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Income & Poverty

Household income
$87,080
Per capita income
$37,711
Poverty rate
12.5%
Unemployment rate
N/A
Rent over 30% of income
52.8%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Housing

Rent
$1,673
Year built
1972
Households that rent
38.4%
Households that own
61.6%
Rooms per home (all homes)
5.6

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Race

White
42.5%
Black
22.5%
Asian
3.8%
Two or more races
12.6%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Ethnicity

Hispanic or Latino
35.2%
Not Hispanic or Latino
64.8%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Commute

Commute rate
22,775 (93.1%)
Commute time to work
35 mins
Work from home
1,695 (6.9%)

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Education

Less than high school
30.9%
High school graduate or GED
32.1%
Some college or associate degree
13.5%
Bachelor’s degree or higher
23.6%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

 

Comparison of ZIP Code 10940 with: Orange County, NY Kiryas Joel metro area, NY New York State United States

ZIP 10940

Total population53,611
Rent$1,673
Year built1972
Household income$87,080
Per capita income$37,711
Poverty rate12.5%
Unemployment rateN/A

Orange County, NY

Total population406,616
Rent$1,680
Year built1975
Household income$97,178
Per capita income$43,052
Poverty rate12.6%
Unemployment rate3.4%

Kiryas Joel Metro Area, NY

Total population704,836
Rent$1,638
Year built1973
Household income$98,233
Per capita income$47,550
Poverty rate10.9%
Unemployment rate3.5%

New York State

Total population19,852,366
Rent$1,621
Year built1959
Household income$85,974
Per capita income$50,712
Poverty rate14%
Unemployment rate4.3%

United States

Total population334,922,499
Rent$1,413
Year built1980
Household income$80,734
Per capita income$44,673
Poverty rate12.5%
Unemployment rate4%
Metric ZIP10940 CountyOrange, NYMetro AreaKiryas Joel metro area, NYStateNew YorkCountryUnited States
Total population53,611406,616704,83619,852,366334,922,499
Rent$1,673$1,680$1,638$1,621$1,413
Year built19721975197319591980
Household income$87,080$97,178$98,233$85,974$80,734
Per capita income$37,711$43,052$47,550$50,712$44,673
Poverty rate12.5%12.6%10.9%14%12.5%
Unemployment rateN/A3.4%3.5%4.3%4%

View the full multi-level comparison →

 

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Summary for 10940

Rent & Income

In 10940, the typical monthly rent is $1,673 and the typical household income is $87,080. Rent here is similar to New York, and household income is similar to New York. The estimated poverty rate is 12.5%.

Housing & Affordability

This ZIP Code is primarily owner-occupied, with renters accounting for about 38.4% of households. About 52.8% of renters spend more than 30% of their income on housing, indicating high cost burden.

Education & Employment

Educational attainment is moderate, with about 23.6% of adults holding a bachelor’s degree or higher.

 

ZIP 10940 — Rent vs Household Income

 

 

ZIP 10940 — Poverty

 

 

How ZIP 10940 compares in New York State (210 ZIP Codes)

Metric This ZIP Rank Starts from State range
Rent $1,673 82 / 210 from lower rent $784 – $3,433
Household income $87,080 102 / 210 from higher income $24,086 – $250,001
Poverty rate 12.5% 99 / 210 from lower poverty 2% – 45.2%

Rankings are calculated among ZIP Codes in New York State with total population > 30,000 (year 2024).

 

Detailed Ranking Explanation for ZIP Code 10940

Rent

When it comes to rent, ZIP Code 10940 ranks 82nd out of 210 ZIP Codes in New York State. Statewide, values range from $784 in ZIP 14701 up to $3,433 in ZIP 10016.

Household income

Income-wise, this area is placed 102nd out of 210 ZIP Codes. Across New York State, figures vary from $24,086 in ZIP 10454 up to $250,001 in ZIP 10583.

Poverty rate

When it comes to poverty, ZIP Code 10940 places 99th out of 210 ZIP Codes. Throughout New York State, numbers span from 2% in ZIP 11710 up to 45.2% in ZIP 10454.

 

💰 Rent in ZIP Code 10940 (with Utilities)

Estimated Monthly Rent: $1,673 ℹ️ What’s Included:
✅ Base rent, electricity, gas, water/sewer, and heating fuels
❌ Not included: internet, cable TV, renter's insurance, parking

💡 What does this rent estimate mean?

Explanation: This estimate shows what renters typically pay each month for housing — including the apartment or home and essential utilities like heat, water, and electricity.

Included in this number: Rent plus electricity, gas, water/sewer, and heating fuel.

Not included: Internet, cable, parking, renter’s insurance, or furniture rental.

Note: This cost does not depend on the number of people living in the home.

👨‍👧‍👦 Household Income in ZIP Code 10940

Annual Household Income: $87,080

💡 What does Household Income mean?

Definition: This represents the middle value of all household incomes in the ZIP code — half of households earn less, and half earn more.

Includes: wages, salaries, self-employment income, Social Security, pensions, investments, unemployment, public assistance, and rental income.

Does NOT include: capital gains, non-cash benefits (like food stamps), or tax refunds.

Household = any group of people (or a single person) living in the same housing unit.

Example: A couple earning $40,000 and $30,000 together have a household income of $70,000. If that's in the middle of all local incomes, it's the value shown here.

📉 Poverty Rate in ZIP Code 10940

Estimated Rate: 12.5%

💡 What does the Poverty Rate represent?

Definition: The percentage of people in this area living below the federal poverty threshold.

How it works: The threshold is a dollar amount set by the U.S. Census Bureau that varies by family size and age. If a household's income is below that level, everyone in it is included in this rate.

Example: In a town of 10,000 people, if 1,500 have incomes below the poverty line, the poverty rate is 15%.

Note: This statistic only includes people living in households; it does not count those in student housing, military barracks, or nursing homes.

🏘️ Renter vs. Owner Households in ZIP Code 10940

In ZIP Code 10940, households that rent: 7,148 (38.4%)

📊 What does the renter household percentage reveal about this ZIP Code?
Household Type Count Share
Renter-Occupied 7,148 38.4%
Owner-Occupied 11,483 61.6%

Definition: This is the percentage of households that rent their home rather than own it. It includes only occupied housing units.

Why it matters: Areas with a high share of renter households often have younger populations, higher mobility, and different housing needs compared to mostly owner-occupied areas.

Example: If 65% of homes in an area are renter-occupied, it means 65 out of every 100 households rent their home.

📉 Renters Spending Over 30% of Income on Rent in ZIP Code 10940

In ZIP Code 10940, cost-burdened renters (households spending over 30% of income on housing): 3,775 (52.8%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?
Household Group Households Share
Cost-burdened renters (over 30%) 3,775 52.8%
Other renter households 3,373 47.2%
Total renter households 7,148 100%

Shares are calculated as a percentage of renter households.

This shows how many renters in the ZIP code are considered cost-burdened — meaning they spend more than 30% of their income on housing (rent and basic utilities).

It’s a sign that housing might be unaffordable in the area or that lower-income residents may be struggling with rent.

Data comes from the U.S. Census Bureau’s American Community Survey.

📊 Education Levels in ZIP Code 10940

Less than High School: 11,077 people (30.9%)

Includes adults who did not complete high school.

High School Graduate or GED: 11,514 people (32.1%)

Includes adults whose highest education is a high school diploma or GED.

Some College or Associate Degree: 4,834 people (13.5%)

Includes adults who attended college without completing a bachelor’s degree (some college or associate degree).

Bachelor’s Degree or Higher: 8,463 people (23.6%)

Includes adults with a bachelor’s degree or higher (bachelor’s, master’s, professional, or doctoral degree).

👥 Total Adults (25+): 35,888

ℹ️ Have questions about how these statistics are calculated? See our data methodology & FAQs

 

Source: ACS 5-Year Estimates (U.S. Census Bureau) — unemployment rate from BLS. Some values are derived metrics.