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Crown Heights/Prospect Heights BK08

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Neighborhood Indicators

Demographics

Indicator 2000 2006 2010 2019 2020 2021
Population
Born in New York State 50.5% 48.5% 48.5%
Disabled population 5.0% 7.0%
Foreign-born population 30.7% 32.2% 30.1% 23.7%
Population 123,117 127,013 119,323 128,327
Population aged 65+ 9.6% 9.5% 9.1% 13.6%
Households
Households with children under 18 years old 38.2% 35.1% 30.7% 21.9%
Single-person households 32.2% 33.2% 33.4%
Race and Ethnicity
Percent Asian 1.5% 2.0% 3.3% 3.2%
Percent Black 78.1% 73.5% 61.6% 48.8%
Percent Hispanic 9.8% 9.8% 13.7% 14.1%
Percent white 7.4% 12.5% 19.0% 30.8%
Racial diversity index 0.37 0.43 0.56 0.65
Income and Poverty
Income diversity ratio 6.9 6.3 7.1
Median household income (2021$) $49,540 $51,020 $46,810 $78,210
Median household income, homeowners (2021$) $94,160 $92,970 $146,420
Median household income, renters (2021$) $41,630 $42,640 $64,650
Poverty rate 28.2% 22.9% 25.9% 15.9%
Poverty rate, population aged 65+ 26.2% 15.7% 17.1%
Poverty rate, population under 18 years old 32.8% 42.5% 19.2%
Labor Market
Labor force participation rate 65.9% 66.4% 67.9%
Population aged 25+ without a high school diploma 20.0% 16.1% 11.1%
Unemployment rate 14.67% 12.74% 10.09% 4.12%

Housing Market and Conditions

Indicator 2000 2006 2010 2019 2020 2021
Housing Stock
Homeownership rate 16.0% 20.0% 19.3% 21.4%
Housing units 54,172 56,344 60,403
Rental vacancy rate 5.3% 3.3%
Serious housing code violations (per 1,000 privately owned rental units) 156.8 111.1 143.0 109.7 166.0
Severe crowding rate (% of renter households) 2.7% 2.4%
Total housing code violations (per 1,000 privately owned rental units) 699.6 422.9 541.5 377.5 640.4
Finance - Distress
Notices of foreclosure rate (per 1,000 1-4 family and condo properties) 26.5 28.8 37.5 11.7 7.0 7.9
Notices of foreclosure, all residential properties 175 184 294 97 54 72
Notices of foreclosure, initial, 1-4 family and condo properties 88 120 132 37 19 17
Notices of foreclosure, repeat, 1-4 family and condo properties 26 27 88 42 29 38
Pre-foreclosure notice rate (per 1,000 1-4 family and condo properties) 48.0 25.7 23.6
Pre-foreclosure notices, 1-4 family and condo properties 324 177 164
Properties entering REO, 1-4 family 18 5 6
Finance - Lending
FHA/VA-backed home purchase loans (% of home purchase loans) 0.7% 34.0% 2.9% 2.4%
Higher-cost home purchase loans (% of home purchase loans) 32.1% 0.3% 2.1% 0.9%
Higher-cost refinance loans (% of refinance loans) 40.4% 2.7% 3.9% 0.7%
Home purchase loan rate (per 1,000 properties) 64.3 30.3 27.8 27.3
Home purchase loans in LMI tracts (% of home purchase loans) 68.9% 3.8% 38.7% 36.5%
Home purchase loans to LMI borrowers (% of home purchase loans) 2.1% 59.0% 1.2% 2.1%
Refinance loan rate (per 1,000 properties) 73.1 22.5 23.2 46.1
Sales - Volume
Sales volume, 1 family building 11 28 11 10 12 13
Sales volume, 2-4 family building 168 306 90 74 70 85
Sales volume, 5+ family building 59 83 38 16 22 27
Sales volume, condominium 25 130 162 140 171 219
Sales volume, all property types 263 547 301 240 275 344
Sales - Median Prices
Median sales price per unit, 1 family building (2021$) $751,620 $423,530 $1,576,240 $2,272,960 $1,720,000
Median sales price per unit, 2-4 family building (2021$) $353,180 $263,950 $502,430 $619,900 $636,000
Median sales price per unit, 5+ family building (2021$) $110,370 $92,940 $241,250 $209,830 $295,830
Median sales price per unit, condominium (2021$) $555,730 $528,590 $1,195,320 $1,209,820 $1,100,000
Sales - Housing Price Index
Index of housing price appreciation, 1 family building 100.0 309.4 181.7 680.8 674.6 728.5
Index of housing price appreciation, 2-4 family building 100.0 272.2 198.0 416.1 561.3 517.7
Index of housing price appreciation, 5+ family building 100.0 228.4 197.4 625.2 688.9 479.0
Index of housing price appreciation, condominium 100.0 293.8 294.0 573.3 508.8 578.5
Index of housing price appreciation, all property types 100.0 266.0 220.7 460.6 481.8 503.9
Subsidized Housing
Total number of subsidized properties (properties) 485
HUD Financing or Insurance (properties) 9
HUD Financing or Insurance (units) 193
HUD Project-based Rental Assistance Program (properties) 36
HUD Project-based Rental Assistance Program (units) 1,580
Low Income Housing Tax Credit (properties) 77
Low Income Housing Tax Credit (units) 2,038
Public Housing (properties) 33
Public Housing (units) 3,183
Mitchell-Lama (properties) 2
Mitchell-Lama (units) 240
421-a Tax Exemption (properties) 106
421-a Tax Exemption (units) 3,075
420-c Tax Exemption (properties) 116
420-c Tax Exemption (units) 2,247
NYC Housing Production Programs and Zoning Incentives or Requirements (properties) 195
Eligible to expire from housing programs between 2022 and 2027 (properties) 34
Eligible to expire from housing programs between 2022 and 2027 (units) 1,229
Eligible to expire from housing programs between 2028 and 2037 (properties) 43
Eligible to expire from housing programs between 2028 and 2037 (units) 716
Eligible to expire from housing programs in 2038 and later (properties) 30
Eligible to expire from housing programs in 2038 and later (units) 1,415

Land Use and Development

Indicator 2000 2006 2010 2019 2020 2021
Density
Population density (1,000 persons per square mile) 57.2 53.7 57.8
Development
Units authorized by new residential building permits 152 24 10 310 946
Units issued new certificates of occupancy 17 310 197 288 257

Neighborhood Services and Conditions

Indicator 2000 2006 2010 2019 2020 2021
Commute
Car-free commute (% of commuters) 78.8% 79.8% 86.8% 85.4%
Mean travel time to work (minutes) 45.0 40.5 39.4 43.6
Crime and Incarceration
Serious crime rate (per 1,000 residents) 14.7 14.0 10.4 10.7 10.2
Serious crime rate, property (per 1,000 residents) 8.1 7.7 5.6 6.0 5.4
Serious crime rate, violent (per 1,000 residents) 6.6 6.3 4.8 4.7 4.8
Schools
Students performing at grade level in English language arts, 4th grade 51.6%
Students performing at grade level in math, 4th grade 45.5%

Renters

Indicator 2000 2006 2010 2019 2020 2021
Median Rent
Median rent, 2- and 3-bedrooms (2021$) $1,250 $1,470
Median rent, all (2021$) $960 $1,140 $1,290 $1,630
Median rent, recent movers (2021$) $1,540 $2,130
Median rent, studios and 1-bedrooms (2021$) $1,170 $1,300
Change in collected rent (2019-2020) -2.0%
Affordability
Rental units affordable at 30% AMI (% of recently available units) 11.9% 5.8%
Rental units affordable at 80% AMI (% of recently available units) 63.1% 37.2%
Rental units affordable at 120% AMI (% of recently available units) 92.9% 84.0%
Rent Burden
Moderately rent-burdened households 23.5% 29.2% 22.7%
Moderately rent-burdened households, low income 29.4% 32.1%
Moderately rent-burdened households, moderate income 19.2% 23.3%
Severely rent-burdened households 24.7% 27.7% 26.8%
Severely rent-burdened households, low income 42.7% 42.9%
Severely rent-burdened households, moderate income 0.2% 1.0%
Rental Subsidy
Housing choice vouchers (% of occupied, privately owned rental units) 6.8% 5.3% 5.5%
Public housing (% of rental units) 7.8%
DEMOGRAPHICS

In 2019, there were an estimated 128,327 people in Crown Heights/Prospect Heights, of which 3.2% of the population identified as Asian, 48.8% identified as Black, 14.1% identified as Hispanic, and 30.8% identified as white.

Graph showing the racial and ethnic composition of Crown Heights/Prospect Heights in both 2000 and 2015-2019.
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In 2019, the household income group with the largest share (25.9%) of households was $100,001 - $250,000. In 2000, the household income group with the largest share (23.5%) of households was <= $20,000.

Graph showing the distribution of household income in Crown Heights/Prospect Heights in both 2000 and 2015-2019.
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Median household income in 2019 was $78,210, about 7% more than citywide median household income ($72,930). The poverty rate in Crown Heights/Prospect Heights was 15.9% in 2019 compared to 16.0% citywide.

The poverty rate in Crown Heights/Prospect Heights was 15.9% 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 Crown Heights/Prospect Heights in both 2010 and 2015-2019.
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HOUSING

Renters

Real median gross rent in Crown Heights/Prospect Heights increased from $1,140 in 2006 to $1,630 in 2019. In 2019, 26.8% of renter households in Crown Heights/Prospect Heights were severely rent burdened (spent more than 50% of household income on rent). 37.2% of the rental units were affordable at 80% Area Median Income, 26 percentage points lower than the share in 2010. 7.8% of rental units were public housing rental units, as of 2021. The overall rental vacancy rate in Crown Heights/Prospect Heights was 3.3% in 2019.

Real median gross rent in Crown Heights/Prospect Heights increased from $1,130 in 2007 to $1,630 in 2019.
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7.8% of the rental units in Crown Heights/Prospect Heights are public housing rental units in 2021.
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Homeowners

In 2019, the homeownership rate in Crown Heights/Prospect Heights was 21.4%, lower than the citywide share of 31.9%. The homeownership rate in the neighborhood has increased by 2.1 percentage points since 2010. In 2020, the home purchase loan rate was 27.3 per 1,000 properties (owner-occupied 1-4 family buildings, condominiums, or cooperative apartments) and the refinance loan rate was 46.1 per 1,000 properties in the neighborhood. Out of all the first-time home purchase loans and refinance loans in Crown Heights/Prospect Heights, 0.9% and 0.7% were high cost loans, respectively. 72 properties had a filing of mortgage foreclosure in Crown Heights/Prospect Heights in 2021. There were 7.9 mortgage foreclosure actions initiated per 1,000 1-4 family properties and condominium units.

There were 7.9 mortgage foreclosure notices per 1,000 1-4 family properties and condominium units in Crown Heights/Prospect Heights in 2021
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Development

Department of Buildings issued new certificates of occupancy to 257 residential units in new buildings in Crown Heights/Prospect Heights in 2020, 31 less than the number of units certified in 2019.

Department of Buildings issued new certificates of occupancy to 257 residential units in new buildings in Crown Heights/Prospect Heights last year, 31 less than the number of units certified in 2019.
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Over the last decade, 3,474 units in 4+ unit buildings were built in Crown Heights/Prospect Heights. 70% were market rate, compared to 21% 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 10.2 serious crimes per 1,000 residents in 2021, compared to 12.2 serious crimes per 1,000 residents citywide.

The serious crime rate was 10.2 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.