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Bedford Stuyvesant BK03

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Neighborhood Indicators

Demographics

Indicator 2000 2006 2010 2019 2020 2021
Population
Born in New York State 64.4% 59.0% 57.5%
Disabled population 7.9% 7.4%
Foreign-born population 18.4% 19.6% 22.2% 19.1%
Population 121,054 132,087 133,302 144,306
Population aged 65+ 8.8% 9.4% 10.7% 10.3%
Households
Households with children under 18 years old 45.0% 40.5% 36.1% 25.9%
Single-person households 33.0% 30.9% 28.3%
Race and Ethnicity
Percent Asian 0.8% 2.3% 3.9% 3.0%
Percent Black 74.9% 67.0% 60.1% 45.6%
Percent Hispanic 19.0% 18.5% 20.0% 19.5%
Percent white 2.4% 10.4% 14.6% 29.4%
Racial diversity index 0.40 0.51 0.58 0.67
Income and Poverty
Income diversity ratio 8.1 7.1 5.5
Median household income (2021$) $37,650 $36,550 $44,880 $64,300
Median household income, homeowners (2021$) $94,100 $98,890 $122,870
Median household income, renters (2021$) $23,170 $32,180 $53,010
Poverty rate 35.9% 37.7% 30.7% 23.0%
Poverty rate, population aged 65+ 29.2% 27.8% 16.8%
Poverty rate, population under 18 years old 53.0% 47.0% 30.6%
Labor Market
Labor force participation rate 57.4% 58.3% 66.2%
Population aged 25+ without a high school diploma 29.4% 23.6% 14.7%
Unemployment rate 17.94% 12.79% 12.82% 6.63%

Housing Market and Conditions

Indicator 2000 2006 2010 2019 2020 2021
Housing Stock
Homeownership rate 19.2% 26.1% 20.4% 18.4%
Housing units 50,957 56,935 61,818
Rental vacancy rate 6.1% 4.6%
Serious housing code violations (per 1,000 privately owned rental units) 130.9 103.5 116.4 94.2 112.9
Severe crowding rate (% of renter households) 3.2% 3.4%
Total housing code violations (per 1,000 privately owned rental units) 548.0 375.4 432.6 317.7 508.1
Finance - Distress
Notices of foreclosure rate (per 1,000 1-4 family and condo properties) 34.6 46.6 52.5 15.7 6.8 10.2
Notices of foreclosure, all residential properties 473 671 829 255 117 179
Notices of foreclosure, initial, 1-4 family and condo properties 301 508 407 111 42 58
Notices of foreclosure, repeat, 1-4 family and condo properties 70 86 310 117 60 98
Pre-foreclosure notice rate (per 1,000 1-4 family and condo properties) 59.6 34.3 30.4
Pre-foreclosure notices, 1-4 family and condo properties 867 512 467
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% 2.9%
Higher-cost home purchase loans (% of home purchase loans) 44.4% 2.2% 0.9% 0.3%
Higher-cost refinance loans (% of refinance loans) 49.2% 10.9% 3.0% 0.6%
Home purchase loan rate (per 1,000 properties) 79.9 17.8 24.0 22.4
Home purchase loans in LMI tracts (% of home purchase loans) 93.3% 4.5% 60.9% 65.9%
Home purchase loans to LMI borrowers (% of home purchase loans) 4.9% 89.3% 0.6% 2.6%
Refinance loan rate (per 1,000 properties) 102.7 13.1 29.3 46.6
Sales - Volume
Sales volume, 1 family building 38 82 17 24 18 31
Sales volume, 2-4 family building 459 1,050 391 248 206 236
Sales volume, 5+ family building 78 110 64 28 18 51
Sales volume, condominium 8 256 162 253 195 435
Sales volume, all property types 583 1,498 634 553 437 753
Sales - Median Prices
Median sales price per unit, 1 family building (2021$) $658,240 $396,830 $1,077,100 $1,024,900 $1,375,000
Median sales price per unit, 2-4 family building (2021$) $337,730 $196,890 $573,580 $618,220 $611,250
Median sales price per unit, 5+ family building (2021$) $121,680 $105,080 $321,820 $279,820 $316,670
Median sales price per unit, condominium (2021$) $517,720 $443,610 $753,290 $774,870 $865,510
Sales - Housing Price Index
Index of housing price appreciation, 1 family building 100.0 247.5 116.0 415.4 359.8 508.1
Index of housing price appreciation, 2-4 family building 100.0 252.1 145.5 449.3 485.4 520.2
Index of housing price appreciation, 5+ family building 100.0 267.0 208.9 758.0 629.9 763.9
Index of housing price appreciation, condominium 100.0 242.0 192.6 444.4 443.4 466.4
Index of housing price appreciation, all property types 100.0 253.2 155.7 453.8 465.0 509.7
Subsidized Housing
Total number of subsidized properties (properties) 776
HUD Financing or Insurance (properties) 3
HUD Financing or Insurance (units) 363
HUD Project-based Rental Assistance Program (properties) 40
HUD Project-based Rental Assistance Program (units) 2,449
Low Income Housing Tax Credit (properties) 161
Low Income Housing Tax Credit (units) 4,076
Public Housing (properties) 25
Public Housing (units) 9,292
Mitchell-Lama (properties) 18
Mitchell-Lama (units) 815
421-a Tax Exemption (properties) 372
421-a Tax Exemption (units) 6,082
420-c Tax Exemption (properties) 171
420-c Tax Exemption (units) 3,074
NYC Housing Production Programs and Zoning Incentives or Requirements (properties) 330
Eligible to expire from housing programs between 2022 and 2027 (properties) 20
Eligible to expire from housing programs between 2022 and 2027 (units) 933
Eligible to expire from housing programs between 2028 and 2037 (properties) 91
Eligible to expire from housing programs between 2028 and 2037 (units) 1,590
Eligible to expire from housing programs in 2038 and later (properties) 68
Eligible to expire from housing programs in 2038 and later (units) 2,576

Land Use and Development

Indicator 2000 2006 2010 2019 2020 2021
Density
Population density (1,000 persons per square mile) 57.5 58.0 62.8
Development
Units authorized by new residential building permits 125 0 255 506 883
Units issued new certificates of occupancy 94 816 337 894 850

Neighborhood Services and Conditions

Indicator 2000 2006 2010 2019 2020 2021
Commute
Car-free commute (% of commuters) 73.4% 74.8% 80.6% 83.0%
Mean travel time to work (minutes) 44.7 40.0 39.6 41.4
Crime and Incarceration
Serious crime rate (per 1,000 residents) 22.6 21.1 18.5 17.2 16.1
Serious crime rate, property (per 1,000 residents) 11.2 10.8 11.0 10.3 8.7
Serious crime rate, violent (per 1,000 residents) 11.4 10.2 7.5 6.9 7.4
Schools
Students performing at grade level in English language arts, 4th grade 40.5%
Students performing at grade level in math, 4th grade 37.1%

Renters

Indicator 2000 2006 2010 2019 2020 2021
Median Rent
Median rent, 2- and 3-bedrooms (2021$) $1,150 $1,430
Median rent, all (2021$) $850 $960 $1,160 $1,510
Median rent, recent movers (2021$) $1,440 $2,100
Median rent, studios and 1-bedrooms (2021$) $1,040 $1,320
Change in collected rent (2019-2020) -1.6%
Affordability
Rental units affordable at 30% AMI (% of recently available units) 9.7% 9.6%
Rental units affordable at 80% AMI (% of recently available units) 63.9% 40.1%
Rental units affordable at 120% AMI (% of recently available units) 97.0% 90.2%
Rent Burden
Moderately rent-burdened households 21.8% 24.1% 26.4%
Moderately rent-burdened households, low income 26.4% 28.6%
Moderately rent-burdened households, moderate income 17.2% 34.9%
Severely rent-burdened households 28.8% 32.4% 27.5%
Severely rent-burdened households, low income 43.8% 40.9%
Severely rent-burdened households, moderate income 0.0% 1.7%
Rental Subsidy
Housing choice vouchers (% of occupied, privately owned rental units) 12.6% 7.3% 8.5%
Public housing (% of rental units) 13.6%
DEMOGRAPHICS

In 2019, there were an estimated 144,306 people in Bedford Stuyvesant, of which 3.0% of the population identified as Asian, 45.6% identified as Black, 19.5% identified as Hispanic, and 29.4% identified as white.

Graph showing the racial and ethnic composition of Bedford Stuyvesant in both 2000 and 2015-2019.
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In 2019, the household income group with the largest share (23.0%) of households was $100,001 - $250,000. In 2000, the household income group with the largest share (34.6%) of households was <= $20,000.

Graph showing the distribution of household income in Bedford Stuyvesant in both 2000 and 2015-2019.
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Median household income in 2019 was $64,300, about 12% less than citywide median household income ($72,930). The poverty rate in Bedford Stuyvesant was 23.0% in 2019 compared to 16.0% citywide.

The poverty rate in Bedford Stuyvesant was 23.0% in 2019 compared to 16.0% 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 2019. This is a new figure made for the 2021 State of the City report.

Graph showing the distribution of rents in Bedford Stuyvesant in both 2010 and 2015-2019.
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HOUSING

Renters

Real median gross rent in Bedford Stuyvesant increased from $960 in 2006 to $1,510 in 2019. In 2019, 27.5% of renter households in Bedford Stuyvesant were severely rent burdened (spent more than 50% of household income on rent). 40.1% of the rental units were affordable at 80% Area Median Income, 24 percentage points lower than the share in 2010. 13.6% of rental units were public housing rental units, as of 2021. The overall rental vacancy rate in Bedford Stuyvesant was 4.6% in 2019.

Real median gross rent in Bedford Stuyvesant increased from $1,030 in 2007 to $1,510 in 2019.
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13.6% of the rental units in Bedford Stuyvesant are public housing rental units in 2021.
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Homeowners

In 2019, the homeownership rate in Bedford Stuyvesant was 18.4%, lower than the citywide share of 31.9%. The homeownership rate in the neighborhood has decreased by 2.0 percentage points since 2010. In 2020, the home purchase loan rate was 22.4 per 1,000 properties (owner-occupied 1-4 family buildings, condominiums, or cooperative apartments) and the refinance loan rate was 46.6 per 1,000 properties in the neighborhood. Out of all the first-time home purchase loans and refinance loans in Bedford Stuyvesant, 0.3% and 0.6% were high cost loans, respectively. 179 properties had a filing of mortgage foreclosure in Bedford Stuyvesant in 2021. There were 10.2 mortgage foreclosure actions initiated per 1,000 1-4 family properties and condominium units.

There were 10.2 mortgage foreclosure notices per 1,000 1-4 family properties and condominium units in Bedford Stuyvesant in 2021
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Development

Department of Buildings issued new certificates of occupancy to 850 residential units in new buildings in Bedford Stuyvesant in 2020, 44 less than the number of units certified in 2019.

Department of Buildings issued new certificates of occupancy to 850 residential units in new buildings in Bedford Stuyvesant last year, 44 less than the number of units certified in 2019.
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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% low-income. 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 methdology in the technical appendix of the 2021 Focus Report.

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NEIGHBORHOOD SERVICES AND CONDITIONS

The serious crime rate was 16.1 serious crimes per 1,000 residents in 2021, compared to 12.2 serious crimes per 1,000 residents citywide.

The serious crime rate was 16.1 serious crimes per 1,000 residents in 2021, compared to 12.2 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 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.