Bedford Stuyvesant Neighborhood Profile

Neighborhood Indicators

Demographics

Indicator	2000	2006	2010	2019	2021
Population
Born in New York State		64.4%	59.0%	57.5%	59.4%
Disabled population			7.9%	7.4%	8.9%
Foreign-born population	18.4%	19.6%	22.2%	19.1%	17.4%
Population	121,054	132,087	133,302	144,306	137,061
Population aged 65+	8.8%	9.4%	10.7%	10.3%	9.0%
Households
Households with children under 18 years old	45.0%	40.5%	36.1%	25.9%	26.3%
Single-person households		33.0%	30.9%	28.3%	32.9%
Race and Ethnicity
Percent Asian	0.8%	2.3%	3.9%	3.0%	3.0%
Percent Black	74.9%	67.0%	60.1%	45.6%	40.4%
Percent Hispanic	19.0%	18.5%	20.0%	19.5%	16.9%
Percent white	2.4%	10.4%	14.6%	29.4%	32.7%
Racial diversity index	0.40	0.51	0.58	0.67	0.70
Income and Poverty
Income diversity ratio		8.1	7.1	5.5	6.2
Median household income (2022$)	$39,950	$38,780	$47,620	$68,220	$72,810
Median household income, homeowners (2022$)		$99,850	$104,920	$130,370	$116,720
Median household income, renters (2022$)		$24,590	$34,150	$56,250	$56,520
Poverty rate	35.9%	37.7%	30.7%	23.0%	24.2%
Poverty rate, population aged 65+		29.2%	27.8%	16.8%	18.5%
Poverty rate, population under 18 years old		53.0%	47.0%	30.6%	33.0%
Labor Market
Labor force participation rate		57.4%	58.3%	66.2%	68.8%
Population aged 25+ without a high school diploma		29.4%	23.6%	14.7%	13.2%
Unemployment rate	17.94%	12.79%	12.82%	6.63%	10.66%

Housing Market and Conditions

Indicator	2000	2006	2010	2019	2021	2022
Housing Stock
Homeownership rate	19.2%	26.1%	20.4%	18.4%	25.8%
Housing units		50,957	56,935	61,818	54,893
Rental vacancy rate			6.1%	4.6%	3.7%
Serious housing code violations (per 1,000 privately owned rental units)		130.9	103.5	116.4	112.9	109.9
Severe crowding rate (% of renter households)			3.2%	3.4%	3.2%
Total housing code violations (per 1,000 privately owned rental units)		548.0	375.4	432.6	508.1	446.3
Finance - Distress
Notices of foreclosure rate (per 1,000 1-4 family and condo properties)	34.6	46.6	52.5	15.7	10.4	11.9
Notices of foreclosure, all residential properties	473	671	829	255	179	210
Notices of foreclosure, initial, 1-4 family and condo properties	301	508	407	111	58	84
Notices of foreclosure, repeat, 1-4 family and condo properties	70	86	310	117	98	99
Pre-foreclosure notice rate (per 1,000 1-4 family and condo properties)				59.6	30.4	56.0
Pre-foreclosure notices, 1-4 family and condo properties				867	467	860
Properties entering REO, 1-4 family	73	20	29
Finance - Lending
FHA/VA-backed home purchase loans (% of home purchase loans)		1.6%	65.8%	0.6%	2.0%
Higher-cost home purchase loans (% of home purchase loans)		44.4%	2.2%	0.9%	0.5%
Higher-cost refinance loans (% of refinance loans)		49.2%	10.9%	3.0%	0.8%
Home purchase loan rate (per 1,000 properties)		79.9	17.8	24.0	42.3
Home purchase loans in LMI tracts (% of home purchase loans)		93.3%	4.5%	60.9%	63.2%
Home purchase loans to LMI borrowers (% of home purchase loans)		4.9%	89.3%	0.6%	3.1%
Refinance loan rate (per 1,000 properties)		102.7	13.1	29.3	55.2
Sales - Volume
Sales volume, 1 family building	38	82	17	24	25	26
Sales volume, 2-4 family building	459	1,052	391	248	206	344
Sales volume, 5+ family building	78	110	64	28	42	52
Sales volume, condominium	8	256	162	252	427	252
Sales volume, all property types	583	1,500	634	552	700	674
Sales - Median Prices
Median sales price per unit, 1 family building (2022$)	$343,280	$698,410	$421,050	$1,142,830	$1,511,960	$1,475,000
Median sales price per unit, 2-4 family building (2022$)	$169,940	$357,790	$208,900	$608,580	$646,340	$673,330
Median sales price per unit, 5+ family building (2022$)	$51,340	$129,110	$111,490	$341,460	$335,990	$326,740
Median sales price per unit, condominium (2022$)	$292,940	$549,310	$470,680	$800,450	$921,010	$854,200
Sales - Housing Price Index
Index of housing price appreciation, 1 family building	100.0	270.0	126.1	406.5	469.1	644.0
Index of housing price appreciation, 2-4 family building	100.0	262.9	153.1	466.7	548.6	574.7
Index of housing price appreciation, 5+ family building	100.0	289.0	232.4	908.6	883.8	740.8
Index of housing price appreciation, condominium	100.0	238.4	182.9	430.4	460.6	471.0
Index of housing price appreciation, all property types	100.0	265.9	165.6	471.9	521.4	552.5
Subsidized Housing
Total number of subsidized properties (properties)						836
HUD Financing or Insurance (properties)						4
HUD Financing or Insurance (units)						611
HUD Project-based Rental Assistance Program (properties)						39
HUD Project-based Rental Assistance Program (units)						2,384
Low Income Housing Tax Credit (properties)						180
Low Income Housing Tax Credit (units)						3,976
Public Housing (properties)						25
Public Housing (units)						9,292
Mitchell-Lama (properties)						18
Mitchell-Lama (units)						815
421-a Tax Exemption (properties)						421
421-a Tax Exemption (units)						7,682
420-c Tax Exemption (properties)						183
420-c Tax Exemption (units)						3,295
NYC Housing Production Programs and Zoning Incentives or Requirements (properties)						349
Eligible to expire from housing programs between 2023 and 2028 (properties)						26
Eligible to expire from housing programs between 2023 and 2028 (units)						713
Eligible to expire from housing programs between 2029 and 2038 (properties)						81
Eligible to expire from housing programs between 2029 and 2038 (units)						1,614
Eligible to expire from housing programs in 2039 and later (properties)						89
Eligible to expire from housing programs in 2039 and later (units)						2,884

Land Use and Development

Indicator	2000	2006	2010	2019	2021	2022
Density
Population density (1,000 persons per square mile)		57.5	58.0	62.8	59.7
Development
Units authorized by new residential building permits	125	0	255	496	749	1,883
Units issued new certificates of occupancy	94	816	337	894	1,004	1,114

Neighborhood Services and Conditions

Indicator	2000	2006	2010	2019	2021	2022
Commute
Car-free commute (% of commuters)	73.4%	74.8%	80.6%	83.0%	73.0%
Mean travel time to work (minutes)	44.7	40.0	39.6	41.4	38.8
Crime and Incarceration
Serious crime rate (per 1,000 residents)		22.6	21.1	18.5	14.3	15.3
Serious crime rate, property (per 1,000 residents)		11.2	10.8	11.0	7.8	8.7
Serious crime rate, violent (per 1,000 residents)		11.4	10.2	7.5	6.4	6.6
Schools
Students performing at grade level in English language arts, 4th grade				41.6%		36.7%
Students performing at grade level in math, 4th grade				38.2%		30.2%

Renters

Indicator	2000	2006	2010	2019	2021	2022
Median Rent
Median rent, 2- and 3-bedrooms (2022$)			$1,220	$1,520	$1,750
Median rent, all (2022$)	$900	$1,010	$1,230	$1,600	$1,910
Median rent, recent movers (2022$)			$1,530	$2,230	$2,470
Median rent, studios and 1-bedrooms (2022$)			$1,110	$1,400	$1,620
Change in collected rent (2019-2020)					1.4%
Affordability
Rental units affordable at 30% AMI (% of recently available units)			9.7%	9.6%	9.8%
Rental units affordable at 80% AMI (% of recently available units)			63.9%	40.1%	36.0%
Rental units affordable at 120% AMI (% of recently available units)			97.0%	90.2%	90.8%
Rent Burden
Moderately rent-burdened households		21.8%	24.1%	26.4%	21.2%
Moderately rent-burdened households, low income			26.4%	28.6%	27.7%
Moderately rent-burdened households, moderate income			17.2%	34.9%	30.9%
Severely rent-burdened households	28.8%		32.4%	27.5%	27.7%
Severely rent-burdened households, low income			43.8%	40.9%	44.5%
Severely rent-burdened households, moderate income			0.0%	1.7%	1.5%
Rental Subsidy
Housing choice vouchers (% of occupied, privately owned rental units)			12.6%	7.3%
Public housing (% of rental units)						13.3%

DEMOGRAPHICS

In 2021, there were an estimated 137,061 people in Bedford Stuyvesant, of which 3.0% identified as Asian, 40.4% identified as Black, 16.9% identified as Hispanic, and 32.7% identified as white.

Graph showing the racial and ethnic composition of Bedford Stuyvesant in both 2000 and 2017-2021.

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In 2021, the household income group with the largest share (28.1%) of households was $100,001 - $250,000. In 2000, the household income group with the largest share (33.1%) of households was <= $20,000.

Graph showing the distribution of household income in Bedford Stuyvesant in both 2000 and 2017-2021.

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Median household income in 2021 was $72,810, about 1% more than citywide median household income ($72,150). The poverty rate in Bedford Stuyvesant was 24.2% in 2021 compared to 18.0% citywide.

The poverty rate in Bedford Stuyvesant was 24.2% 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 Bedford Stuyvesant in both 2010 and 2017-2021.

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HOUSING

Renters

Real median gross rent in Bedford Stuyvesant increased from $1,010 in 2006 to $1,910 in 2021. This represents a 89.1% increase over the same period. As of 2021, the change in median household income outpaced the change in median gross rent by 40.7 percentage points. In 2021, 27.7% of renter households in Bedford Stuyvesant were severely rent burdened (spent more than 50% of household income on rent). 36.0% of the rental units were affordable at 80% Area Median Income, 28 percentage points lower than the share in 2010. 13.3% of the rental units were public housing rental units, as of 2022. The overall rental vacancy rate in Bedford Stuyvesant was 3.7% in 2021.

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Graph showing the change in real median gross rent and median renter household income in Bedford Stuyvesant from 2006 to 2021.

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13.3% of the rental units in Bedford Stuyvesant are public housing rental units in 2022.

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Homeowners

In 2021, the homeownership rate in Bedford Stuyvesant was 25.8%, which is lower than the citywide share of 33.3%. The homeownership rate in the neighborhood has increased by 5.4 percentage points since 2010. In 2021, the home purchase loan rate was 42.3 per 1,000 properties (owner-occupied 1-4 family buildings, condominiums, or cooperative apartments) and the refinance loan rate was 55.2 per 1,000 properties in the neighborhood. Out of all the first-time home purchase loans and refinance loans in Bedford Stuyvesant, 0.5% and 0.8% were high cost loans, respectively. 210 properties had a filing of mortgage foreclosure in Bedford Stuyvesant in 2022. There were 11.9 mortgage foreclosure actions initiated per 1,000 1-4 family properties and condominium units.

There were 11.9 mortgage foreclosure notices per 1,000 1-4 family properties and condominium units in Bedford Stuyvesant in 2022

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Development

The Department of Buildings issued new certificates of occupancy to 1,114 residential units in new buildings in Bedford Stuyvesant in 2022, 110 more than the number of units certified in 2021.

Department of Buildings issued new certificates of occupancy to 1,114 residential units in new buildings in Bedford Stuyvesant last year, the same as the number of units certified in 2022.

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Over the last decade, 5,912 units in 4+ unit buildings were built in Bedford Stuyvesant. 83% were market rate, compared to 13% 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 15.3 serious crimes per 1,000 residents in 2022, compared to 14.2 serious crimes per 1,000 residents citywide.

The serious crime rate was 15.3 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 .