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Bushwick BK04

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Neighborhood Indicators

Demographics

Indicator 2000 2006 2010 2019 2020 2021
Population
Born in New York State 45.5% 45.7% 42.3%
Disabled population 6.7% 5.2%
Foreign-born population 33.2% 38.7% 35.7% 30.9%
Population 120,710 123,871 140,437 127,550
Population aged 65+ 6.7% 7.7% 7.1% 9.7%
Households
Households with children under 18 years old 53.6% 42.8% 43.3% 23.9%
Single-person households 26.8% 18.2% 23.8%
Race and Ethnicity
Percent Asian 2.8% 3.2% 2.9% 4.2%
Percent Black 23.4% 20.6% 19.3% 15.3%
Percent Hispanic 67.8% 70.3% 68.4% 56.3%
Percent white 3.1% 4.1% 9.0% 20.6%
Racial diversity index 0.48 0.46 0.49 0.61
Income and Poverty
Income diversity ratio 6.3 4.6 7.3
Median household income (2021$) $37,980 $36,890 $44,960 $69,640
Median household income, homeowners (2021$) $71,880 $71,790 $114,490
Median household income, renters (2021$) $31,770 $39,880 $58,140
Poverty rate 38.2% 32.9% 28.5% 20.7%
Poverty rate, population aged 65+ 32.2% 27.0% 25.6%
Poverty rate, population under 18 years old 44.8% 42.0% 36.7%
Labor Market
Labor force participation rate 59.0% 61.6% 71.4%
Population aged 25+ without a high school diploma 44.6% 39.4% 22.4%
Unemployment rate 17.21% 7.10% 10.22% 6.32%

Housing Market and Conditions

Indicator 2000 2006 2010 2019 2020 2021
Housing Stock
Homeownership rate 13.7% 18.7% 15.9% 14.6%
Housing units 42,583 47,609 53,654
Rental vacancy rate 5.2% 3.4%
Serious housing code violations (per 1,000 privately owned rental units) 180.8 175.6 123.1 94.0 108.4
Severe crowding rate (% of renter households) 5.4% 3.9%
Total housing code violations (per 1,000 privately owned rental units) 755.9 585.6 429.3 316.8 471.6
Finance - Distress
Notices of foreclosure rate (per 1,000 1-4 family and condo properties) 23.1 35.1 53.1 14.2 6.9 7.4
Notices of foreclosure, all residential properties 242 277 425 112 64 75
Notices of foreclosure, initial, 1-4 family and condo properties 102 193 211 46 16 25
Notices of foreclosure, repeat, 1-4 family and condo properties 26 30 148 52 33 28
Pre-foreclosure notice rate (per 1,000 1-4 family and condo properties) 67.6 39.0 31.4
Pre-foreclosure notices, 1-4 family and condo properties 467 276 226
Properties entering REO, 1-4 family 49 10 16
Finance - Lending
FHA/VA-backed home purchase loans (% of home purchase loans) 1.2% 63.0% 5.0% 5.0%
Higher-cost home purchase loans (% of home purchase loans) 48.4% 1.9% 3.6% 1.1%
Higher-cost refinance loans (% of refinance loans) 43.6% 12.9% 2.1% 1.2%
Home purchase loan rate (per 1,000 properties) 95.6 20.6 18.3 23.2
Home purchase loans in LMI tracts (% of home purchase loans) 100.0% 7.3% 100.0% 100.0%
Home purchase loans to LMI borrowers (% of home purchase loans) 2.5% 100.0% 4.4% 1.7%
Refinance loan rate (per 1,000 properties) 108.4 9.4 19.1 32.6
Sales - Volume
Sales volume, 1 family building 18 33 6 7 12 8
Sales volume, 2-4 family building 286 666 160 142 122 125
Sales volume, 5+ family building 119 179 66 38 31 74
Sales volume, condominium 0 32 25 82 84 104
Sales volume, all property types 423 910 257 269 249 311
Sales - Median Prices
Median sales price per unit, 1 family building (2021$) $562,890 $294,290 $914,220 $1,077,070 $1,100,000
Median sales price per unit, 2-4 family building (2021$) $315,660 $202,060 $493,890 $507,540 $500,000
Median sales price per unit, 5+ family building (2021$) $110,350 $103,920 $234,250 $340,080 $275,000
Median sales price per unit, condominium (2021$) $477,490 $358,000 $620,300 $616,800 $607,500
Sales - Housing Price Index
Index of housing price appreciation, 1 family building 100.0 243.2 150.6 513.4 635.8 507.7
Index of housing price appreciation, 2-4 family building 100.0 248.1 156.9 402.4 474.1 494.4
Index of housing price appreciation, 5+ family building 100.0 197.7 217.8 622.9 546.5 549.9
Index of housing price appreciation, condominium 100.0 46.6 40.9 102.0 99.0
Index of housing price appreciation, all property types 100.0 237.1 178.1 443.7 476.6 498.1
Subsidized Housing
Total number of subsidized properties (properties) 467
HUD Financing or Insurance (properties) 0
HUD Financing or Insurance (units) 0
HUD Project-based Rental Assistance Program (properties) 6
HUD Project-based Rental Assistance Program (units) 427
Low Income Housing Tax Credit (properties) 120
Low Income Housing Tax Credit (units) 3,249
Public Housing (properties) 0
Public Housing (units) 0
Mitchell-Lama (properties) 0
Mitchell-Lama (units) 0
421-a Tax Exemption (properties) 157
421-a Tax Exemption (units) 4,000
420-c Tax Exemption (properties) 59
420-c Tax Exemption (units) 1,495
NYC Housing Production Programs and Zoning Incentives or Requirements (properties) 278
Eligible to expire from housing programs between 2022 and 2027 (properties) 12
Eligible to expire from housing programs between 2022 and 2027 (units) 220
Eligible to expire from housing programs between 2028 and 2037 (properties) 27
Eligible to expire from housing programs between 2028 and 2037 (units) 991
Eligible to expire from housing programs in 2038 and later (properties) 45
Eligible to expire from housing programs in 2038 and later (units) 511

Land Use and Development

Indicator 2000 2006 2010 2019 2020 2021
Density
Population density (1,000 persons per square mile) 48.9 55.4 50.3
Development
Units authorized by new residential building permits 225 0 80 464 207
Units issued new certificates of occupancy 4 568 450 1,198 503

Neighborhood Services and Conditions

Indicator 2000 2006 2010 2019 2020 2021
Commute
Car-free commute (% of commuters) 73.6% 78.9% 84.5% 83.5%
Mean travel time to work (minutes) 39.8 41.6 38.3 42.1
Crime and Incarceration
Serious crime rate (per 1,000 residents) 19.4 16.3 14.0 15.2 14.7
Serious crime rate, property (per 1,000 residents) 10.5 8.6 8.2 9.8 9.2
Serious crime rate, violent (per 1,000 residents) 8.9 7.7 5.8 5.5 5.5
Schools
Students performing at grade level in English language arts, 4th grade 31.4%
Students performing at grade level in math, 4th grade 34.3%

Renters

Indicator 2000 2006 2010 2019 2020 2021
Median Rent
Median rent, 2- and 3-bedrooms (2021$) $1,290 $1,560
Median rent, all (2021$) $980 $1,090 $1,340 $1,790
Median rent, recent movers (2021$) $1,520 $2,190
Median rent, studios and 1-bedrooms (2021$) $1,010 $1,280
Change in collected rent (2019-2020) 3.2%
Affordability
Rental units affordable at 30% AMI (% of recently available units) 6.6% 6.4%
Rental units affordable at 80% AMI (% of recently available units) 65.2% 42.5%
Rental units affordable at 120% AMI (% of recently available units) 97.5% 85.1%
Rent Burden
Moderately rent-burdened households 23.5% 25.5% 27.1%
Moderately rent-burdened households, low income 26.8% 26.9%
Moderately rent-burdened households, moderate income 11.6% 29.7%
Severely rent-burdened households 31.9% 35.7% 31.9%
Severely rent-burdened households, low income 45.4% 47.2%
Severely rent-burdened households, moderate income 0.6% 1.5%
Rental Subsidy
Housing choice vouchers (% of occupied, privately owned rental units) 7.5% 7.2% 6.8%
Public housing (% of rental units) 0.0%
DEMOGRAPHICS

In 2019, there were an estimated 127,550 people in Bushwick, of which 4.2% of the population identified as Asian, 15.3% identified as Black, 56.3% identified as Hispanic, and 20.6% identified as white.

Graph showing the racial and ethnic composition of Bushwick in both 2000 and 2015-2019.
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In 2019, the household income group with the largest share (24.5%) of households was $100,001 - $250,000. In 2000, the household income group with the largest share (29.9%) of households was <= $20,000.

Graph showing the distribution of household income in Bushwick in both 2000 and 2015-2019.
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Median household income in 2019 was $69,640, about 5% less than citywide median household income ($72,930). The poverty rate in Bushwick was 20.7% in 2019 compared to 16.0% citywide.

The poverty rate in Bushwick was 20.7% 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 Bushwick in both 2010 and 2015-2019.
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HOUSING

Renters

Real median gross rent in Bushwick increased from $1,090 in 2006 to $1,790 in 2019. In 2019, 31.9% of renter households in Bushwick were severely rent burdened (spent more than 50% of household income on rent). 42.5% of the rental units were affordable at 80% Area Median Income, 23 percentage points lower than the share in 2010. None of rental units were public housing rental units, as of 2021. The overall rental vacancy rate in Bushwick was 3.4% in 2019.

Real median gross rent in Bushwick increased from $1,180 in 2007 to $1,790 in 2019.
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None of the rental units in Bushwick are public housing rental units in 2021.
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Homeowners

In 2019, the homeownership rate in Bushwick was 14.6%, lower than the citywide share of 31.9%. The homeownership rate in the neighborhood has decreased by 1.3 percentage points since 2010. In 2020, the home purchase loan rate was 23.2 per 1,000 properties (owner-occupied 1-4 family buildings, condominiums, or cooperative apartments) and the refinance loan rate was 32.6 per 1,000 properties in the neighborhood. Out of all the first-time home purchase loans and refinance loans in Bushwick, 1.1% and 1.2% were high cost loans, respectively. 75 properties had a filing of mortgage foreclosure in Bushwick in 2021. There were 7.4 mortgage foreclosure actions initiated per 1,000 1-4 family properties and condominium units.

There were 7.4 mortgage foreclosure notices per 1,000 1-4 family properties and condominium units in Bushwick in 2021
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Development

Department of Buildings issued new certificates of occupancy to 503 residential units in new buildings in Bushwick in 2020, 695 less than the number of units certified in 2019.

Department of Buildings issued new certificates of occupancy to 503 residential units in new buildings in Bushwick last year, 695 less than the number of units certified in 2019.
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Over the last decade, 5,111 units in 4+ unit buildings were built in Bushwick. 78% 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 14.7 serious crimes per 1,000 residents in 2021, compared to 12.2 serious crimes per 1,000 residents citywide.

The serious crime rate was 14.7 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 Indicator Definitions, Rankings, and Methods for more information.

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.