Bayside/Little Neck Neighborhood Profile

Neighborhood Indicators

Demographics

Indicator	2000	2006	2010	2019	2021
Population
Born in New York State		54.9%	50.0%	52.5%	53.9%
Disabled population			5.0%	6.8%	6.3%
Foreign-born population	35.9%	39.1%	43.8%	41.8%	40.9%
Population	116,749	117,784	120,428	114,562	121,130
Population aged 65+	17.2%	16.0%	16.2%	20.6%	22.1%
Households
Households with children under 18 years old	30.7%	26.1%	29.8%	25.1%	25.4%
Single-person households		30.0%	27.1%	25.8%	26.6%
Race and Ethnicity
Percent Asian	26.4%	32.4%	38.2%	41.1%	46.9%
Percent Black	2.0%	1.9%	0.9%	6.0%	1.8%
Percent Hispanic	8.9%	13.5%	12.8%	13.4%	13.4%
Percent white	60.3%	50.8%	46.2%	37.9%	34.3%
Racial diversity index	0.56	0.62	0.62	0.67	0.64
Income and Poverty
Income diversity ratio		4.9	4.2	5.0	4.6
Median household income (2022$)	$99,000	$94,820	$90,770	$103,340	$92,020
Median household income, homeowners (2022$)		$104,750	$97,590	$113,520	$108,390
Median household income, renters (2022$)		$74,160	$68,500	$87,830	$59,110
Poverty rate	6.5%	5.8%	7.3%	6.4%	9.3%
Poverty rate, population aged 65+		5.4%	5.7%	11.3%	9.5%
Poverty rate, population under 18 years old		8.7%	8.2%	3.4%	11.2%
Labor Market
Labor force participation rate		64.6%	65.0%	62.2%	61.0%
Population aged 25+ without a high school diploma		14.4%	10.7%	13.1%	14.6%
Unemployment rate	4.10%	4.39%	9.65%	3.89%	8.56%

Housing Market and Conditions

Indicator	2000	2006	2010	2019	2021	2022
Housing Stock
Homeownership rate	67.3%	70.8%	70.7%	68.9%	71.0%
Housing units		49,999	47,336	45,961	47,626
Rental vacancy rate			4.8%	3.2%	3.9%
Serious housing code violations (per 1,000 privately owned rental units)		5.4	7.1	7.0	15.0	21.9
Severe crowding rate (% of renter households)			1.1%	3.0%	2.4%
Total housing code violations (per 1,000 privately owned rental units)		47.3	46.4	37.5	119.7	138.4
Finance - Distress
Notices of foreclosure rate (per 1,000 1-4 family and condo properties)	2.6	3.2	6.9	4.0	1.8	2.2
Notices of foreclosure, all residential properties	65	80	177	102	47	56
Notices of foreclosure, initial, 1-4 family and condo properties	49	66	144	39	14	23
Notices of foreclosure, repeat, 1-4 family and condo properties	16	14	30	63	32	32
Pre-foreclosure notice rate (per 1,000 1-4 family and condo properties)				22.0	8.5	18.5
Pre-foreclosure notices, 1-4 family and condo properties				560	216	471
Properties entering REO, 1-4 family	0	0	7
Finance - Lending
FHA/VA-backed home purchase loans (% of home purchase loans)		0.0%	2.1%	0.6%	0.8%
Higher-cost home purchase loans (% of home purchase loans)		6.0%	0.6%	4.8%	7.3%
Higher-cost refinance loans (% of refinance loans)		15.5%	1.0%	3.8%	2.1%
Home purchase loan rate (per 1,000 properties)		38.8	23.3	25.3	34.7
Home purchase loans in LMI tracts (% of home purchase loans)		0.1%	9.8%	0.0%	0.0%
Home purchase loans to LMI borrowers (% of home purchase loans)		4.2%	0.0%	10.2%	14.4%
Refinance loan rate (per 1,000 properties)		25.7	20.5	14.2	35.3
Sales - Volume
Sales volume, 1 family building	653	699	432	441	599	631
Sales volume, 2-4 family building	144	252	121	123	123	164
Sales volume, 5+ family building	2	0	2	3	4	3
Sales volume, condominium	83	95	51	60	84	67
Sales volume, all property types	882	1,046	606	627	810	865
Sales - Median Prices
Median sales price per unit, 1 family building (2022$)	$594,790	$938,010	$811,200	$1,003,460	$1,007,970	$990,000
Median sales price per unit, 2-4 family building (2022$)	$308,020	$519,950	$468,690	$612,850	$663,140	$600,000
Median sales price per unit, 5+ family building (2022$)	$63,020		$356,780	$312,190	$115,470	$266,000
Median sales price per unit, condominium (2022$)	$368,770	$611,290	$572,990	$728,500	$636,620	$675,000
Sales - Housing Price Index
Index of housing price appreciation, 1 family building	100.0	186.7	173.2	260.3	279.8	292.8
Index of housing price appreciation, 2-4 family building	100.0	175.4	181.6	270.3	297.0	312.8
Index of housing price appreciation, 5+ family building	100.0		880.8	74.4
Index of housing price appreciation, condominium	100.0	222.0	203.5	295.7	282.7	318.8
Index of housing price appreciation, all property types	100.0	189.3	179.9	268.3	283.2	300.4
Subsidized Housing
Total number of subsidized properties (properties)						1
HUD Financing or Insurance (properties)						1
HUD Financing or Insurance (units)						0
HUD Project-based Rental Assistance Program (properties)						0
HUD Project-based Rental Assistance Program (units)						0
Low Income Housing Tax Credit (properties)						0
Low Income Housing Tax Credit (units)						0
Public Housing (properties)						0
Public Housing (units)						0
Mitchell-Lama (properties)						0
Mitchell-Lama (units)						0
421-a Tax Exemption (properties)						8
421-a Tax Exemption (units)						88
420-c Tax Exemption (properties)						0
420-c Tax Exemption (units)						0
NYC Housing Production Programs and Zoning Incentives or Requirements (properties)						0
Eligible to expire from housing programs between 2023 and 2028 (properties)						0
Eligible to expire from housing programs between 2023 and 2028 (units)						0
Eligible to expire from housing programs between 2029 and 2038 (properties)						0
Eligible to expire from housing programs between 2029 and 2038 (units)						0
Eligible to expire from housing programs in 2039 and later (properties)						1
Eligible to expire from housing programs in 2039 and later (units)						0

Land Use and Development

Indicator	2000	2006	2010	2019	2021	2022
Density
Population density (1,000 persons per square mile)		12.7	12.9	12.3	13.0
Development
Units authorized by new residential building permits	51	0	92	59	133	64
Units issued new certificates of occupancy	49	207	115	76	66	53

Neighborhood Services and Conditions

Indicator	2000	2006	2010	2019	2021	2022
Commute
Car-free commute (% of commuters)	30.6%	36.1%	33.5%	34.5%	25.7%
Mean travel time to work (minutes)	39.8	38.9	40.6	44.2	39.9
Crime and Incarceration
Serious crime rate (per 1,000 residents)		9.9	7.7	6.2	7.1	10.6
Serious crime rate, property (per 1,000 residents)		8.5	6.6	5.3	6.2	9.1
Serious crime rate, violent (per 1,000 residents)		1.5	1.1	0.9	0.9	1.5
Schools
Students performing at grade level in English language arts, 4th grade				77.2%		73.7%
Students performing at grade level in math, 4th grade				83.1%		81.8%

Renters

Indicator	2000	2006	2010	2019	2021	2022
Median Rent
Median rent, 2- and 3-bedrooms (2022$)			$2,030	$2,050	$2,380
Median rent, all (2022$)	$1,540	$1,680	$1,820	$2,100	$2,230
Median rent, recent movers (2022$)			$2,020	$2,120	$2,550
Median rent, studios and 1-bedrooms (2022$)			$1,460	$1,730	$1,800
Affordability
Rental units affordable at 30% AMI (% of recently available units)
Rental units affordable at 80% AMI (% of recently available units)
Rental units affordable at 120% AMI (% of recently available units)
Rent Burden
Moderately rent-burdened households		22.8%	22.7%	22.4%	23.8%
Moderately rent-burdened households, low income			34.3%	35.7%	29.5%
Moderately rent-burdened households, moderate income			23.3%	25.6%	23.1%
Severely rent-burdened households	19.7%		26.3%	26.2%	29.8%
Severely rent-burdened households, low income			55.7%	47.6%	57.9%
Severely rent-burdened households, moderate income			1.3%	1.2%	1.0%
Rental Subsidy
Housing choice vouchers (% of occupied, privately owned rental units)			0.2%	0.0%
Public housing (% of rental units)						0.0%

DEMOGRAPHICS

In 2021, there were an estimated 121,130 people in Bayside/Little Neck, of which 46.9% identified as Asian, 1.8% identified as Black, 13.4% identified as Hispanic, and 34.3% identified as white.

Graph showing the racial and ethnic composition of Bayside/Little Neck in both 2000 and 2017-2021.

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In 2021, the household income group with the largest share (40.3%) of households was $100,001 - $250,000. In 2000, the same household income group had the largest share as well, with a slightly higher share of 40.8%.

Graph showing the distribution of household income in Bayside/Little Neck in both 2000 and 2017-2021.

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Median household income in 2021 was $92,020, about 28% more than citywide median household income ($72,150). The poverty rate in Bayside/Little Neck was 9.3% in 2021 compared to 18.0% citywide.

The poverty rate in Bayside/Little Neck was 9.3% in 2021 compared to 18.0% citywide.

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The rent distribution shows the share of apartments by their size (according to the number of bedrooms), and then for each apartment size in the community district, the share of apartments according to their monthly gross rent. This distribution compares 5-year ACS figures from 2010 to 5-year ACS figures from 2021.

Graph showing the distribution of rents in Bayside/Little Neck in both 2010 and 2017-2021.

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HOUSING

Renters

Real median gross rent in Bayside/Little Neck increased from $1,680 in 2006 to $2,230 in 2021. This represents a 32.7% increase over the same period. As of 2021, the change in median gross rent outpaced the change in median household income by 53 percentage points. In 2021, 29.8% of renter households in Bayside/Little Neck were severely rent burdened (spent more than 50% of household income on rent). None of the rental units were public housing rental units, as of 2022. The overall rental vacancy rate in Bayside/Little Neck was 3.9% in 2021.

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Graph showing the change in real median gross rent and median renter household income in Bayside/Little Neck from 2006 to 2021.

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None of the rental units in Bayside/Little Neck are public housing rental units in 2022.

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Homeowners

In 2021, the homeownership rate in Bayside/Little Neck was 71.0%, which is higher than the citywide share of 33.3%. The homeownership rate in the neighborhood has increased by 0.3 percentage points since 2010. In 2021, the home purchase loan rate was 34.7 per 1,000 properties (owner-occupied 1-4 family buildings, condominiums, or cooperative apartments) and the refinance loan rate was 35.3 per 1,000 properties in the neighborhood. Out of all the first-time home purchase loans and refinance loans in Bayside/Little Neck, 7.3% and 2.1% were high cost loans, respectively. 56 properties had a filing of mortgage foreclosure in Bayside/Little Neck in 2022. There were 2.2 mortgage foreclosure actions initiated per 1,000 1-4 family properties and condominium units.

There were 2.2 mortgage foreclosure notices per 1,000 1-4 family properties and condominium units in Bayside/Little Neck in 2022

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Development

The Department of Buildings issued new certificates of occupancy to 53 residential units in new buildings in Bayside/Little Neck in 2022, 13 fewer than the number of units certified in 2021.

Department of Buildings issued new certificates of occupancy to 53 residential units in new buildings in Bayside/Little Neck last year, the same as the number of units certified in 2022.

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Over the last decade, 92 units in 4+ unit buildings were built in Bayside/Little Neck. 100% were market rate, compared to 0% that were income-targeted. We use data from a variety of sources to count the number of income-restricted units targeted to households earning between 80% and 165% of AMI. However, due to restricted availability of granular data our calculations of income-restricted units should be read as conservative estimates. Read more about our methodology in the technical appendix of the 2021 Focus Report.

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NEIGHBORHOOD SERVICES AND CONDITIONS

The serious crime rate was 10.6 serious crimes per 1,000 residents in 2022, compared to 14.2 serious crimes per 1,000 residents citywide.

The serious crime rate was 10.6 serious crimes per 1,000 residents in 2022, compared to 14.2 serious crimes per 1,000 residents citywide.

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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, data under the 2019 heading comes from the 2015 – 2019 ACS and data under the 2021 heading comes from 2017 – 2021 ACS .