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Brooklyn BK

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Neighborhood Indicators

Demographics

Indicator 2000 2006 2010 2019 2021 2022
Population
Born in New York State 50.3% 49.6% 49.5% 48.5%
Disabled population 6.4% 6.0% 7.8%
Foreign-born population 37.8% 37.8% 37.8% 35.4% 35.6%
Population 2,465,326 2,508,820 2,508,340 2,559,903 2,641,052
Population aged 65+ 11.5% 12.0% 11.5% 14.4% 15.1%
Households
Households with children under 18 years old 38.2% 34.7% 34.2% 29.8% 27.2%
Single-person households 29.7% 28.2% 27.9% 30.0%
Race and Ethnicity
Percent Asian 7.5% 9.0% 10.5% 11.9% 12.1%
Percent Black 34.4% 33.6% 32.2% 29.8% 26.7%
Percent Hispanic 19.8% 19.8% 19.9% 18.9% 18.8%
Percent white 34.7% 35.8% 35.6% 36.5% 35.9%
Racial diversity index 0.72 0.71 0.72 0.73 0.75
Income and Poverty
Income diversity ratio 6.3 5.7 6.4 6.7
Median household income (2022$) $56,310 $56,760 $54,260 $74,630 $71,690
Median household income, homeowners (2022$) $96,260 $91,410 $118,110 $108,750
Median household income, renters (2022$) $41,840 $43,530 $58,780 $58,840
Poverty rate 25.1% 22.6% 23.0% 17.7% 19.2%
Poverty rate, population aged 65+ 24.2% 20.6% 20.6% 20.3%
Poverty rate, population under 18 years old 32.3% 34.0% 24.5% 25.4%
Labor Market
Labor force participation rate 59.3% 61.6% 63.9% 63.8%
Population aged 25+ with a bachelor's degree or higher 21.8% 27.9% 28.6% 39.2% 41.8%
Population aged 25+ without a high school diploma 22.6% 21.6% 16.2% 15.4%
Unemployment rate 10.74% 7.38% 10.86% 4.54% 11.17%

Housing Market and Conditions

Indicator 2000 2006 2010 2019 2021 2022
Housing Stock
Homeownership rate 27.1% 32.3% 30.2% 29.8% 30.3%
Housing units 954,382 1,000,000 1,065,363 1,085,993
Rental vacancy rate 4.0% 3.4% 3.2%
Serious housing code violations (per 1,000 privately owned rental units) 71.7 71.0 97.0 99.8 102.8
Severe crowding rate (% of renter households) 4.4% 4.6% 4.7%
Total housing code violations (per 1,000 privately owned rental units) 346.0 286.1 368.2 426.2 394.8
Finance - Distress
Notices of foreclosure rate (per 1,000 1-4 family and condo properties) 10.9 14.4 23.2 10.3 6.2 8.5
Notices of foreclosure, all residential properties 2,789 3,598 6,210 2,804 1,769 2,402
Notices of foreclosure, initial, 1-4 family and condo properties 1,769 2,677 3,632 1,146 492 872
Notices of foreclosure, repeat, 1-4 family and condo properties 484 568 1,951 1,448 1,081 1,320
Pre-foreclosure notice rate (per 1,000 1-4 family and condo properties) 48.6 20.8 44.9
Pre-foreclosure notices, 1-4 family and condo properties 12,220 5,362 11,573
Properties entering REO, 1-4 family 403 82 169
Finance - Lending
FHA/VA-backed home purchase loans (% of home purchase loans) 0.6% 21.8% 8.0% 5.7%
Higher-cost home purchase loans (% of home purchase loans) 27.3% 0.9% 5.4% 2.8%
Higher-cost refinance loans (% of refinance loans) 35.5% 2.8% 3.1% 0.9%
Home purchase loan rate (per 1,000 properties) 45.2 22.9 21.2 33.7
Home purchase loans in LMI tracts (% of home purchase loans) 49.2% 8.9% 30.3% 30.2%
Home purchase loans to LMI borrowers (% of home purchase loans) 3.9% 38.4% 5.6% 6.3%
Refinance loan rate (per 1,000 properties) 52.0 17.9 19.9 45.0
Sales - Volume
Sales volume, 1 family building 2,622 2,678 1,201 1,250 1,275 1,807
Sales volume, 2-4 family building 5,767 8,296 2,931 2,671 2,322 3,951
Sales volume, 5+ family building 597 1,003 494 356 448 585
Sales volume, condominium 644 2,734 3,068 2,516 4,046 3,300
Sales volume, all property types 9,630 14,711 7,694 6,793 8,091 9,643
Sales - Median Prices
Median sales price per unit, 1 family building (2022$) $382,370 $667,500 $643,810 $852,940 $901,870 $860,000
Median sales price per unit, 2-4 family building (2022$) $199,960 $372,390 $311,600 $485,560 $529,980 $526,000
Median sales price per unit, 5+ family building (2022$) $70,810 $133,380 $127,150 $278,740 $279,180 $283,330
Median sales price per unit, condominium (2022$) $355,980 $687,010 $618,060 $947,710 $981,450 $990,000
Sales - Housing Price Index
Index of housing price appreciation, 1 family building 100.0 215.5 190.4 301.7 346.1 350.5
Index of housing price appreciation, 2-4 family building 100.0 243.2 182.5 356.1 403.8 405.5
Index of housing price appreciation, 5+ family building 100.0 224.5 221.2 543.4 515.7 512.0
Index of housing price appreciation, condominium 100.0 217.4 193.0 341.8 356.1 374.4
Index of housing price appreciation, all property types 100.0 231.5 189.4 343.2 370.2 383.6
Subsidized Housing
Total number of subsidized properties (properties) 4,497
HUD Financing or Insurance (properties) 128
HUD Financing or Insurance (units) 6,305
HUD Project-based Rental Assistance Program (properties) 312
HUD Project-based Rental Assistance Program (units) 23,123
Low Income Housing Tax Credit (properties) 789
Low Income Housing Tax Credit (units) 36,350
Public Housing (properties) 192
Public Housing (units) 51,343
Mitchell-Lama (properties) 87
Mitchell-Lama (units) 24,577
421-a Tax Exemption (properties) 2,859
421-a Tax Exemption (units) 78,532
420-c Tax Exemption (properties) 803
420-c Tax Exemption (units) 24,100
NYC Housing Production Programs and Zoning Incentives or Requirements (properties) 1,952
Eligible to expire from housing programs between 2023 and 2028 (properties) 213
Eligible to expire from housing programs between 2023 and 2028 (units) 7,259
Eligible to expire from housing programs between 2029 and 2038 (properties) 286
Eligible to expire from housing programs between 2029 and 2038 (units) 15,298
Eligible to expire from housing programs in 2039 and later (properties) 545
Eligible to expire from housing programs in 2039 and later (units) 39,451

Land Use and Development

Indicator 2000 2006 2010 2019 2021 2022
Density
Population density (1,000 persons per square mile) 36.2 36.2 36.9 38.1
Development
Units authorized by new residential building permits 4,980 27 2,092 10,129 8,710 30,599
Units issued new certificates of occupancy 1,611 6,129 7,066 10,187 11,471 8,350

Neighborhood Services and Conditions

Indicator 2000 2006 2010 2019 2021 2022
Commute
Car-free commute (% of commuters) 67.6% 71.3% 74.4% 74.9% 66.4%
Mean travel time to work (minutes) 43.2 41.4 40.7 43.8 41.4
Crime and Incarceration
Serious crime rate (per 1,000 residents) 22.9 15.8 13.2 10.9 10.3 12.2
Serious crime rate, property (per 1,000 residents) 13.8 9.9 8.0 6.6 6.3 7.6
Serious crime rate, violent (per 1,000 residents) 9.1 5.9 5.2 4.3 3.9 4.6
Schools
Students performing at grade level in English language arts, 4th grade 51.2% 47.1%
Students performing at grade level in math, 4th grade 52.3% 46.2%

Renters

Indicator 2000 2006 2010 2019 2021 2022
Median Rent
Median rent, 2- and 3-bedrooms (2022$) $1,410 $1,650 $1,770
Median rent, all (2022$) $1,140 $1,260 $1,390 $1,650 $1,730
Median rent, recent movers (2022$) $1,610 $2,060 $2,330
Median rent, studios and 1-bedrooms (2022$) $1,220 $1,430 $1,550
Affordability
Rental units affordable at 30% AMI (% of recently available units) 7.7% 7.5% 7.0%
Rental units affordable at 80% AMI (% of recently available units) 60.5% 49.5% 44.7%
Rental units affordable at 120% AMI (% of recently available units) 90.0% 82.3% 79.1%
Rent Burden
Moderately rent-burdened households 23.3% 24.8% 24.2% 22.7%
Moderately rent-burdened households, low income 30.2% 30.4% 30.2%
Moderately rent-burdened households, moderate income 16.0% 19.4% 20.0%
Severely rent-burdened households 26.5% 29.3% 29.4% 28.4%
Severely rent-burdened households, low income 43.0% 44.4% 44.1%
Severely rent-burdened households, moderate income 1.1% 1.6% 2.0%
Rental Subsidy
Housing choice vouchers (% of occupied, privately owned rental units) 7.8% 6.3%
Public housing (% of rental units) 6.9%
DEMOGRAPHICS

In 2021, there were an estimated 2,641,052 people in Brooklyn, of which 12.1% identified as Asian, 26.7% identified as Black, 18.8% identified as Hispanic, and 35.9% identified as white.

Graph showing the racial and ethnic composition of Brooklyn in both 2000 and 2017-2021.
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In 2021, the household income group with the largest share (29.3%) of households was $100,001 - $250,000. In 2000, the same household income group had the largest share as well, with a slightly lower share of 23.2%.

Graph showing the distribution of household income in Brooklyn in both 2000 and 2017-2021.
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Median household income in 2021 was $71,690, about 1% less than citywide median household income ($72,150). The poverty rate in Brooklyn was 19.2% in 2021 compared to 18.0% citywide.

The poverty rate in Brooklyn was 19.2% 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 Brooklyn in both 2010 and 2017-2021.
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HOUSING

Renters

Real median gross rent in Brooklyn increased from $1,260 in 2006 to $1,730 in 2021. This represents a 37.3% increase over the same period. As of 2021, the change in median household income outpaced the change in median gross rent by 3.3 percentage points. In 2021, 28.4% of renter households in Brooklyn were severely rent burdened (spent more than 50% of household income on rent). 44.7% of the rental units were affordable at 80% Area Median Income, 16 percentage points lower than the share in 2010. 6.9% of the rental units were public housing rental units, as of 2022. The overall rental vacancy rate in Brooklyn was 3.2% in 2021.

Real median gross rent in Brooklyn increased from $1,260 in 2006 to $1,730 in 2021.
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Graph showing the change in real median gross rent and median renter household income in Brooklyn from 2006 to 2021.
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6.9% of the rental units in Brooklyn are public housing rental units in 2022.
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Homeowners

In 2021, the homeownership rate in Brooklyn was 30.3%, which is lower than the citywide share of 33.3%. The homeownership rate in the neighborhood has increased by 0.1 percentage points since 2010. In 2021, the home purchase loan rate was 33.7 per 1,000 properties (owner-occupied 1-4 family buildings, condominiums, or cooperative apartments) and the refinance loan rate was 45.0 per 1,000 properties in the neighborhood. Out of all the first-time home purchase loans and refinance loans in Brooklyn, 2.8% and 0.9% were high cost loans, respectively. 2,402 properties had a filing of mortgage foreclosure in Brooklyn in 2022. There were 8.5 mortgage foreclosure actions initiated per 1,000 1-4 family properties and condominium units.

There were 8.5 mortgage foreclosure notices per 1,000 1-4 family properties and condominium units in Brooklyn in 2022.
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Development

The Department of Buildings issued new certificates of occupancy to 8,350 residential units in new buildings in Brooklyn in 2022, 3,121 fewer than the number of units certified in 2021.

Department of Buildings issued new certificates of occupancy to 8,350 residential units in new buildings in Brooklyn last year, the same as the number of units certified in 2022.
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Over the last decade, 70,851 units in 4+ unit buildings were built in Brooklyn. 74% were market rate, compared to 21% 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 12.2 serious crimes per 1,000 residents in 2022, compared to 14.2 serious crimes per 1,000 residents citywide.

The serious crime rate was 12.2 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 .