Climate Risk Summary

Zip Code 10506, Risk Profile

The primary drivers of climate-related financial risk in Bedford, NY (10506) are Inland Flooding, Hurricane, and Earthquake. This area also faces an unusually high intensity for Landslide compared to national averages.

Understanding the Dollars

Expected Annual Loss (EAL) is a statistical average of property damage for this entire zip code over a standard year across all properties.

  • / It represents the "average cost" rather than a guaranteed yearly bill.
  • / It can be used to compare the relative risk from different hazards and across different neighborhoods.

Primary Risks

Inland Flooding

$1,827,723

Expected Annual Loss for Zip Code 10506

82.5Score

Relatively High compared to US average

10506
Minimal Estimated LossMax Estimated Loss

Hurricane

$176,047

Expected Annual Loss for Zip Code 10506

79.4Score

Relatively Moderate compared to US average

10506
Minimal Estimated LossMax Estimated Loss

Earthquake

$138,177

Expected Annual Loss for Zip Code 10506

72.0Score

Relatively Low compared to US average

10506
Minimal Estimated LossMax Estimated Loss

Zip Code Risk Map

Legend
Very Low
Low
Moderate
High
Very High
Extreme

Financial Risk Inventory

MAJOR DRIVER
Inland Flooding
$1,827,723
Score: 82.5
MAJOR DRIVER
Hurricane
$176,047
Score: 79.4
MAJOR DRIVER
Earthquake
$138,177
Score: 72.0
Cold Wave
$59,352
Score: 44.7
Strong Wind
$44,886
Score: 67.3
Heat Wave
$36,226
Score: 35.7
Tornado
$25,311
Score: 29.8
Lightning
$13,250
Score: 43.2
Ice Storm
$7,992
Score: 53.6
Winter Weather
$7,441
Score: 66.6
Drought
$7,403
Score: 53.6
Wildfire
$4,383
Score: 73.5
UNUSUALLY HIGH
Landslide
$4,002
Score: 95.1
Hail
$1,507
Score: 20.9

Recommended Mitigation Strategies

Recommended investments to protect your property value and reduce insurance liability based on your local risk profile.

💧Medium Investment

Inland Flooding Mitigation

Install a smart sump pump with battery backup and extend downspouts 10ft from foundation.

Risk Score: 82.5
🌀High Investment

Hurricane Mitigation

Install permanent hurricane shutters or upgrade to impact-resistant windows.

Risk Score: 79.4
🏠Low Investment

Earthquake Mitigation

General property maintenance and insurance review recommended.

Risk Score: 72.0
⛰️High Investment

Landslide Mitigation

Professional slope stabilization and foundation drainage inspection is highly recommended.

Risk Score: 95.1

Methodology and Sources

Spatial Aggregation

Our "Atlas" risk scores are derived using a population-weighted spatial join. Because US Zip Codes and Census Tracts do not share perfectly aligned boundaries, a simple geographic average would be misleading. We utilize US Census Block Group population statistics to identify where residents actually live within a Zip Code. We then intersect these points with FEMA National Risk Index (NRI) hazard data to calculate a weighted exposure score.

Financial Projections (EAL)

Expected Annual Loss (EAL) estimates the average economic impact of natural hazards in dollars per year. This calculation incorporates three components: Exposure (the value of structures and agriculture), Annualized Frequency (historical probability), and Historic Loss Ratio (vulnerability of the area).

Primary Data Sources

  • FEMA National Risk IndexHazard frequency and loss data (v1.20.0)
  • U.S. Census BureauTIGER/Line 2025 Shapefiles & Decennial Population

Nearby Locations

Zip Code 10576Zip Code 10504Zip Code 10549Zip Code 10507Zip Code 10536Zip Code 06831