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Bay Ridge/Dyker Heights BK10

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DEMOGRAPHICS

In 2019, there were an estimated 121,925 people in Bay Ridge/Dyker Heights, of which 23.6% of the population identified as Asian, 2.1% identified as Black, 17.8% identified as Hispanic, and 53.6% identified as white.

Graph showing the racial and ethnic composition of Bay Ridge/Dyker Heights in both 2000 and 2015-2019.
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In 2019, the household income group with the largest share (29.7%) of households is $100,001 - $250,000. In 2000, the same household income group had the largest share as well, with a slightly lower share of 26.7%.

Graph showing the distribution of household income in Bay Ridge/Dyker Heights in both 2000 and 2015-2019.
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Median household income in 2019 was $77,880, about 10% more than citywide median household income ($70,590). The poverty rate in Bay Ridge/Dyker Heights was 14.2% in 2019 compared to 16.0% citywide.

The poverty rate in Bay Ridge/Dyker Heights was 14.2% in 2019 compared to 16.0% citywide.
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HOUSING

Renters

Real median gross rent in Bay Ridge/Dyker Heights increased from $1,290 in 2006 to $1,640 in 2019. In 2019, 28.4% of renter households in Bay Ridge/Dyker Heights were severely rent burdened (spent more than 50% of household income on rent). 69.7% of the rental units are affordable at the 80% Area Median Income, 5 percentage points higher than the share in 2010. None of the rental units are public housing rental units in 2020. The overall rental vacancy rate in Bay Ridge/Dyker Heights was 6.4%.

Real median gross rent in Bay Ridge/Dyker Heights increased from $1,300 in 2007 to $1,640 in 2019.
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None of the rental units in Bay Ridge/Dyker Heights are public housing rental units in 2020.
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Homeowners

In 2019, the homeownership rate in Bay Ridge/Dyker Heights was 38.6%, higher than the citywide share of 31.9%. The homeownership rate in the neighborhood has increased by 1.7 percentage points since 2010. In 2019, the home purchase loan rate was 19.4 per 1,000 properties (owner-occupied 1-4 family buildings, condominiums, or cooperative apartments) and the refinance loan rate was 14.4 per 1,000 properties in the neighborhood. Out of all the first-time home purchase loans and refinance loans in Bay Ridge/Dyker Heights, 3.3% and 3.5% were high cost loans, respectively. 15 properties had a filing of mortgage foreclosure in Bay Ridge/Dyker Heights in 2020. There were 0.9 mortgage foreclosure actions initiated per 1,000 1-4 family properties and condominium units.

There were 0.9 mortgage foreclosure notices per 1,000 1-4 family properties and condominium units in Bay Ridge/Dyker Heights in 2020
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Development

Department of Buildings issued new certificates of occupancy to 42 residential units in new buildings in Bay Ridge/Dyker Heights last year, 12 more than the number of units certified in 2019.

Department of Buildings issued new certificates of occupancy to 4 residential units in new buildings in Bay Ridge/Dyker Heights last year, 26 less than the number of units certified in 2019.
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NEIGHBORHOOD SERVICES AND CONDITIONS

The serious crime rate was 6.4 serious crimes per 1,000 residents in 2020, compared to 11.6 serious crimes per 1,000 residents citywide.

The serious crime rate was 6.4 serious crimes per 1,000 residents in 2020, compared to 11.6 serious crimes per 1,000 residents citywide.
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Neighborhood Indicators: BK10 Bay Ridge/Dyker Heights

Demographics

Indicator 2000 2006 2010 2019 2020 Rank (2000) Rank (19/20)
Population
Born in New York State 56.3% 54.2% 50.8% 20
Disabled population 6.5% 5.6% 40
Foreign-born population 36.5% 36.4% 38.2% 38.1% 24 23
Population 119,871 123,447 137,599 121,925
Population aged 65+ 16.2% 15.8% 13.1% 18.8% 8 13
Households
Households with children under 18 years old 26.3% 27.5% 29.7% 27.1% 46 31
Single-person households 29.9% 30.3% 30.6% 27
Race and Ethnicity
Percent Asian 13.6% 16.7% 24.8% 23.6% 12 12
Percent Black 1.1% 1.7% 0.8% 2.1% 52 49
Percent Hispanic 10.8% 15.6% 14.0% 17.8% 41 33
Percent white 69.5% 65.1% 56.8% 53.6% 8 12
Racial diversity index 0.49 0.52 0.60 0.63 37 22
Income and Poverty
Income diversity ratio 4.5 4.5 4.6 43
Median household income (2020$) $68,730 $70,620 $56,810 $77,880 19 19
Median household income, homeowners (2020$) $96,130 $83,990 $111,590 16
Median household income, renters (2020$) $58,320 $48,670 $66,750 14
Poverty rate 13.9% 13.7% 15.3% 14.2% 40 29
Poverty rate, population aged 65+ 14.6% 15.5% 16.7% 31
Poverty rate, population under 18 years old 18.9% 22.6% 16.7% 31
Labor Market
Labor force participation rate 61.2% 60.8% 60.4% 39
Population aged 25+ without a high school diploma 17.6% 23.0% 15.9% 28
Unemployment rate 6.06% 8.14% 9.15% 3.59% 45 44

Housing Market and Conditions

Indicator 2000 2006 2010 2019 2020 Rank (2000) Rank (19/20)
Housing Stock
Homeownership rate 33.6% 40.0% 36.9% 38.6% 18 18
Housing units 51,436 54,709 53,435 37
Rental vacancy rate 3.8% 6.4% 4
Serious housing code violations (per 1,000 privately owned rental units) 19.3 22.9 42.2 45.2 32
Severe crowding rate (% of renter households) 3.3% 5.4% 16
Total housing code violations (per 1,000 privately owned rental units) 106.0 102.4 168.5 161.7 32
Finance - Distress
Notices of foreclosure rate (per 1,000 1-4 family and condo properties) 2.1 2.4 5.2 3.6 0.9 53 50
Notices of foreclosure, all residential properties 35 37 80 59 15 42 42
Notices of foreclosure, initial, 1-4 family and condo properties 20 24 54 27 9 45 32
Notices of foreclosure, repeat, 1-4 family and condo properties 9 10 23 27 5 35 46
Pre-foreclosure notice rate (per 1,000 1-4 family and condo properties) 18.8 11.7 46
Pre-foreclosure notices, 1-4 family and condo properties 278 174 33
Properties entering REO, 1-4 family 1 0 0 45
Finance - Lending
FHA/VA-backed home purchase loans (% of home purchase loans) 0.0% 6.2% 1.4% 28
Higher-cost home purchase loans (% of home purchase loans) 4.5% 0.4% 3.3% 31
Higher-cost refinance loans (% of refinance loans) 15.5% 2.1% 3.5% 24
Home purchase loan rate (per 1,000 properties) 33.7 20.5 19.4 28
Home purchase loans in LMI tracts (% of home purchase loans) 14.0% 9.5% 12.2% 37
Home purchase loans to LMI borrowers (% of home purchase loans) 4.4% 10.2% 7.5% 27
Refinance loan rate (per 1,000 properties) 24.2 19.6 14.4 29
Sales - Volume
Sales volume, 1 family building 199 172 135 123 123 17 17
Sales volume, 2-4 family building 229 250 145 122 120 26 21
Sales volume, 5+ family building 16 26 27 13 11 32 22
Sales volume, all property types 502 534 366 307 291 26 32
Sales volume, condominium 58 86 59 49 37 22 38
Sales - Median Prices
Median sales price per unit, 1 family building (2020$) $509,260 $829,340 $763,490 $996,760 $980,000 13 18
Median sales price per unit, 2-4 family building (2020$) $262,770 $431,370 $411,110 $628,060 $586,250 10 18
Median sales price per unit, 5+ family building (2020$) $89,870 $162,150 $156,610 $254,270 $229,170 19 22
Median sales price per unit, condominium (2020$) $337,970 $604,800 $422,860 $661,110 $585,000 16 26
Sales - Housing Price Index
Index of housing price appreciation, 1 family building 100.0 208.9 205.9 305.8 351.0 16
Index of housing price appreciation, 2-4 family building 100.0 218.6 183.5 329.3 313.2 21
Index of housing price appreciation, 5+ family building 100.0 201.6 234.4 455.5 415.0 28
Index of housing price appreciation, all property types 100.0 212.1 198.7 312.7 301.1 26
Index of housing price appreciation, condominium 100.0 193.3 183.0 273.1 210.2 45
Subsidized Housing
Total number of subsidized properties (properties) 11 49
HUD Financing or Insurance (properties) 1 38
HUD Financing or Insurance (units) 86 38
HUD Project-based Rental Assistance Program (properties) 2 43
HUD Project-based Rental Assistance Program (units) 558 32
Low Income Housing Tax Credit (properties) 2 46
Low Income Housing Tax Credit (units) 558 39
Public Housing (properties) 0 42
Public Housing (units) 0 42
Mitchell-Lama (properties) 3 26
Mitchell-Lama (units) 1,369 21
421-a Tax Exemption (properties) 49 27
421-a Tax Exemption (units) 515 51
420-c Tax Exemption (properties) 1 44
420-c Tax Exemption (units) 558 29
NYC Housing Production Programs and Zoning Incentives or Requirements (properties) 2 52
Eligible to expire from housing programs between 2020 and 2025 (properties) 0 47
Eligible to expire from housing programs between 2020 and 2025 (units) 0 46
Eligible to expire from housing programs between 2026 and 2035 (properties) 3 37
Eligible to expire from housing programs between 2026 and 2035 (units) 897 28
Eligible to expire from housing programs in 2036 and later (properties) 2 48
Eligible to expire from housing programs in 2036 and later (units) 558 38

Land Use and Development

Indicator 2000 2006 2010 2019 2020 Rank (2000) Rank (19/20)
Density
Population density (1,000 persons per square mile) 32.1 35.7 31.7 35
Development
Units authorized by new residential building permits 99 151 9 197 43 42 50
Units issued new certificates of occupancy 90 99 23 30 42 30 52

Neighborhood Services and Conditions

Indicator 2000 2006 2010 2019 2020 Rank (2000) Rank (19/20)
Commute
Car-free commute (% of commuters) 59.4% 64.5% 62.5% 67.1% 37 38
Mean travel time to work (minutes) 41.2 40.9 41.6 44.4 32 25
Crime and Incarceration
Serious crime rate (per 1,000 residents) 11.0 7.6 6.1 6.4 54
Serious crime rate, property (per 1,000 residents) 8.8 5.8 4.5 4.7 50
Serious crime rate, violent (per 1,000 residents) 2.2 1.8 1.6 1.7 52
Schools
Students performing at grade level in English language arts, 4th grade 66.3% 12
Students performing at grade level in math, 4th grade 73.3% 8

Renters

Indicator 2000 2006 2010 2019 2020 Rank (2000) Rank (19/20)
Median Rent
Median rent, 2- and 3-bedrooms (2020$) $1,530 $1,640 19
Median rent, all (2020$) $1,180 $1,290 $1,380 $1,640 18 20
Median rent, recent movers (2020$) $1,440 $1,670 33
Median rent, studios and 1-bedrooms (2020$) $1,190 $1,380 14
Median rent, asking $1,410
Affordability
Rental units affordable at 30% AMI (% of recently available units) 1.1% 2.6% 40
Rental units affordable at 80% AMI (% of recently available units) 64.8% 69.7% 16
Rental units affordable at 120% AMI (% of recently available units) 96.2% 97.4% 22
Rent Burden
Moderately rent-burdened households 20.8% 23.8% 17.4% 53
Moderately rent-burdened households, low income 35.8% 29.4% 35
Moderately rent-burdened households, moderate income 18.9% 8.1% 39
Severely rent-burdened households 21.2% 25.8% 28.4% 39 33
Severely rent-burdened households, low income 43.6% 51.0% 8
Severely rent-burdened households, moderate income 1.0% 0.4% 23
Rental Subsidy
Housing choice vouchers (% of occupied, privately owned rental units) 1.7% 0.9% 47
Public housing (% of rental units) 0.0% 43

Data Notes: See CoreData User Guide for more information about indicator definitions and methods.

Indicators: The rental vacancy rate, severe crowding rate, and the severely rent-burdened households indicators use five-year American Community Survey (ACS) estimates. Data under the 2010 heading comes from the 2006 – 2010 ACS and data under the 2019 heading comes from the 2015 – 2019 ACS.

Rankings: We report rankings out of all neighborhoods for which the indicator can be calculated. Rankings are listed for community districts, though some indicators are reported at the sub-borough area level.