Rental prices in Koreatown, Manhattan, NY have increased by 15.16% over the past year. The average rent moved from $4,058 to $4,673.
Check out the average rent in Manhattan.
The national average price of rental apartments is $1,743, while the average monthly rent in Koreatown, Manhattan, NY is $4,673.
The average monthly rent for an apartment in Koreatown, Manhattan, NY is around $4,673.
The average rent in Koreatown, Manhattan, NY is $4,934.
In Koreatown 78% of the housing is rented out compared to 22% of homes are owned, according to the most recent Census Bureau estimates. 76% of Koreatown's apartments are found in large buildings of 50 units or more, 23% are located in smaller apartment complexes with less than 50 units, and 1% are single-family rentals.
In total, Koreatown, Manhattan, NY has 2,179 residents, 1,116 women and 1,064 men, per U.S. Census recent estimates. Statistics show that the median age of Koreatown’s population is 35.
There is a total of 1,135 households in Koreatown, Manhattan, NY. Of these, 140 have children and 995 are without children. Per Census Bureau’s most current estimates, 362 family households and 773 non-family households live in this area. The size of a household in Koreatown is 1.73 people, on average. The median household annual income in Koreatown equals $137,905, and the monthly housing costs equal $3,268.
According to data from the U.S. Census Bureau, 2% of the population in Koreatown, Manhattan, NY have no high school education, 14% went to high-school, and 13% have partially completed college. Moreover, 3% of the population hold an Associate Degree, 39% hold a Bachelor Degree, and 29% hold a Graduate Degree.
