This NYC Zip Code Ranks in Top 10 for Most Valuable Land in U.S.
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Everyone knows rent in New York City is expensive, but there are some surprisingly high-end neighborhoods where prices are falling quickly.
One particular zip code in New York City ranks among the top 10 for having the most valuable land in the U.S.
A study examining the highest average land value per home in 2016 finds that 8 of the 10 top zips are in California, according to Bloomberg.com.
The other two are in Boston (02199) and in New York City (10013). The 10013 zip code runs roughly from the Hudson River to Chinatown and from the Village to the Financial District.
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New York tours and attractions: Empire State building with One World Trade Center in the distant background.
Financial website WalletHub compared 62 of America's biggest cities to determine the most and least expensive to live in.
Long Beach, California, is the fifth most expensive big city to live in, according to WalletHub. It ranks also 56th overall as the best city to live in on the list of 62.
Oakland, California, is the fourth least affordable city in the nation, according to WalletHub. However, it has been ranked the fourth best city for education and health in the same study.
Los Angeles in the third least affordable city in the nation, according to WalletHub. While it may be expensive, it does have one of the top 10 quality of life rankings.
Boston, Massachusetts, is the second least affordable city in the nation. It also has one of the lowest home ownership rates, according to WalletHub.
It comes as no surprise that New York City is the least affordable cities in the nation.
Financial website WalletHub compared 62 of America's biggest cities to determine the most and least expensive to live in.
Wichita, Kansas, may be the fifth most affordable city in the nation, but it received low ranks for safety and quality of life, according to WalletHub.
Colorado Springs, Colorado, is the fourth most affordable city in the nation, according to WalletHub. It also ranks high for education, health and safety.
Virginia Beach, Virginia, which has been named the best big city to live in the nation, is also the third most affordable.
Louisville, Kentucky, is the second most affordable city in the nation, according to WalletHub. But it ranked it low for education and health in the same study.
Oklahoma City, Oklahoma, is the most affordable city in the nation, according to WalletHub.
The economist who conducted the analysis says homes are so much more expensive in some places than others because of zoning restrictions that limit supply, which deliberately keep prices high.
For example, restrictive land use policies in California cities have helped drive up housing prices; in San Jose, the average land value per home was $931,000, according to the study. Meanwhile, in Houston, Texas, where zoning regulations are much looser, it was $133,000.
Here's the list of the top 10 zip codes with the highest average land value per home in 2016:
90402 Santa Monica, California (Average land value: $3,726,709)
94129 San Francisco, California (Average land value: $3,384,155)
02199 Boston, Massachusetts (Average land value: $3,279,320)
94304 Palo Alto, California (Average land value: $3,258,118)
94027 Atherton, California (Average land value: $3,138,884)
92067 Rancho Santa Fe, California (Average land value: $3,044,653)
94028 Portola Valley, California (Average land value: $2,885,414)
94940 Marshall, California (Average land value: $2,812,671)
10013 New York, New York (Average land value: $2,805,500)
94024 Los Altos, California (Average land value: $2,736,498)
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The cheese pie at Boonton's popular Reservoir Tavern comes in at No. 92 on The Daily Meal's list of America's 101 best pizzerias.
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The grandma pizza at King Umberto's in Elmont comes in at No. 68 on The Daily Meal's list of America's 101 best pizzerias.This is a generic image and does not reflect King Umberto's.
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The grandma slice at Brooklyn's L&B Spumoni Gardens comes in at No. 66 on The Daily Meal's list of America's 101 best pizzerias.
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The Sicilian pizza at Santillo's Brick Oven Pizza in Elizabeth comes in at No. 64 on The Daily Meal's list of America's 101 best pizzerias.
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The white clam pie at Lee's Tavern on Staten Island comes in at No. 52 on The Daily Meal's list of America's 101 best pizzerias.
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The sausage and onion pizza at Louie & Ernie's Pizza in the Bronx comes in at No. 51 on The Daily Meal's list of America's 101 best pizzerias.
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The "Regina" at Paulie Gee's in Brooklyn comes in at No. 50 on The Daily Meal's list of America's 101 best pizzerias.
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The cheese pizza at Brooklyn's J&V Pizzeria comes in at No. 49 on The Daily Meal's list of America's 101 best pizzerias.
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The margherita at Juliana's Pizza in Brooklyn comes in at No. 48 on The Daily Meal's list of America's 101 best pizzerias.
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The "Bufala" at Razza in Jersey City comes in at No. 46 on The Daily Meal's list of America's 101 best pizzerias.
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The "Popeye" at Co. in Manhattan comes in at No. 35 on The Daily Meal's list of America's 101 best pizzerias.
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The thin crust pie at Star Tavern in Orange comes in at No. 34 on The Daily Meal's list of America's 101 best pizzerias.
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The "Spicy Spring" at Prince Street Pizza comes in at No. 20 on The Daily Meal's list of America's 101 best pizzerias.
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The cheese slice at the popular tourist destination Joe's comes in at No. 19 on The Daily Meal's list of America's 101 best pizzerias.
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The margherita pizza at Roberta's in Brooklyn comes in at No. 17 on The Daily Meal's list of America's 101 best pizzerias.
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The margherita pizza at Totonno's in Brooklyn comes in at No. 13 on The Daily Meal's list of America's 101 best pizzerias.
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The cheese pizza at Patsy's, a New York pizza legend, comes in at No. 12 on The Daily Meal's list of America's 101 best pizzerias.
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The Brussels sprout pizza at Motorino comes in at No. 11 on The Daily Meal's list of America's 101 best pizzerias.
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The pepperoni pizza at Lucali in Brooklyn comes in at No. 10 on The Daily Meal's list of America's 101 best pizzerias.
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The vodka sauce pizza at Joe & Pat's Pizzeria on Staten Island comes in at No. 9 on The Daily Meal's list of America's 101 best pizzerias.
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The tomato pie at Sally's Apizza in New Haven comes in at No. 8 on The Daily Meal's list of America's 101 best pizzerias.
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The "Classic Round Pie" at Di Fara in Brooklyn comes in at No. 6 on The Daily Meal's list of America's 101 best pizzerias.
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The "Kesté" at Kesté comes in at No. 4 on The Daily Meal's list of America's 101 best pizzerias.
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The "Italian Bomb" at Modern Apizza comes in at No. 3 on The Daily Meal's list of America's 101 best pizzerias.
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The "Boom Pie" at John's of Bleecker Street, a popular tourist spot and New York pizza institution, comes in at No. 2 on The Daily Meal's list of America's 101 best pizzerias.
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Surprise, surprise. The white clam pie at the iconic Frank Pepe Pizzeria Napoletana in New Haven comes in at No. 1 on The Daily Meal's list of America's 101 best pizzerias.
