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Flatbush/Midwood BK14

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Neighborhood Indicators

Demographics

Indicator 2000 2006 2010 2019 2020 2021
Population
Born in New York State 47.1% 45.6% 49.0%
Disabled population 5.7% 5.2%
Foreign-born population 49.4% 45.6% 46.6% 39.9%
Population 166,315 163,099 162,715 156,866
Population aged 65+ 10.8% 12.2% 9.8% 14.8%
Households
Households with children under 18 years old 41.8% 35.2% 37.1% 34.2%
Single-person households 28.1% 27.1% 31.3%
Race and Ethnicity
Percent Asian 8.0% 8.3% 8.1% 9.5%
Percent Black 37.4% 38.3% 34.9% 33.6%
Percent Hispanic 12.9% 10.9% 12.7% 13.8%
Percent white 37.6% 40.6% 42.0% 39.8%
Racial diversity index 0.70 0.67 0.68 0.70
Income and Poverty
Income diversity ratio 4.6 5.3 5.0
Median household income (2021$) $57,800 $53,140 $52,270 $68,930
Median household income, homeowners (2021$) $92,210 $101,450 $128,520
Median household income, renters (2021$) $46,640 $43,740 $58,700
Poverty rate 22.8% 18.1% 22.4% 12.0%
Poverty rate, population aged 65+ 28.0% 25.7% 23.0%
Poverty rate, population under 18 years old 23.3% 31.8% 7.9%
Labor Market
Labor force participation rate 58.6% 62.6% 64.5%
Population aged 25+ without a high school diploma 17.7% 17.3% 13.6%
Unemployment rate 10.70% 7.37% 11.12% 3.62%

Housing Market and Conditions

Indicator 2000 2006 2010 2019 2020 2021
Housing Stock
Homeownership rate 20.4% 22.8% 24.3% 24.6%
Housing units 61,145 60,011 60,160
Rental vacancy rate 3.2% 2.7%
Serious housing code violations (per 1,000 privately owned rental units) 103.6 109.7 178.9 154.4 181.5
Severe crowding rate (% of renter households) 5.7% 7.4%
Total housing code violations (per 1,000 privately owned rental units) 562.0 506.3 667.7 488.9 632.5
Finance - Distress
Notices of foreclosure rate (per 1,000 1-4 family and condo properties) 7.8 9.4 20.6 8.4 4.4 5.4
Notices of foreclosure, all residential properties 79 99 222 95 50 64
Notices of foreclosure, initial, 1-4 family and condo properties 59 57 127 36 13 18
Notices of foreclosure, repeat, 1-4 family and condo properties 10 27 63 45 31 37
Pre-foreclosure notice rate (per 1,000 1-4 family and condo properties) 56.1 28.9 21.8
Pre-foreclosure notices, 1-4 family and condo properties 541 286 220
Properties entering REO, 1-4 family 3 1 0
Finance - Lending
FHA/VA-backed home purchase loans (% of home purchase loans) 0.2% 11.0% 1.0% 1.5%
Higher-cost home purchase loans (% of home purchase loans) 11.5% 0.4% 1.9% 2.3%
Higher-cost refinance loans (% of refinance loans) 21.7% 1.1% 4.2% 0.7%
Home purchase loan rate (per 1,000 properties) 34.0 16.2 23.3 19.1
Home purchase loans in LMI tracts (% of home purchase loans) 62.8% 7.5% 47.1% 38.4%
Home purchase loans to LMI borrowers (% of home purchase loans) 11.4% 48.0% 6.2% 11.2%
Refinance loan rate (per 1,000 properties) 38.9 20.2 18.7 40.6
Sales - Volume
Sales volume, 1 family building 183 187 89 90 81 135
Sales volume, 2-4 family building 129 131 55 58 45 64
Sales volume, 5+ family building 13 59 26 32 15 20
Sales volume, condominium 10 18 47 123 87 127
Sales volume, all property types 335 395 217 303 228 346
Sales - Median Prices
Median sales price per unit, 1 family building (2021$) $963,530 $910,170 $1,132,270 $1,291,460 $1,250,000
Median sales price per unit, 2-4 family building (2021$) $400,640 $327,660 $601,600 $570,820 $655,830
Median sales price per unit, 5+ family building (2021$) $112,440 $115,080 $159,090 $140,220 $179,010
Median sales price per unit, condominium (2021$) $532,470 $479,360 $636,650 $572,300 $610,000
Sales - Housing Price Index
Index of housing price appreciation, 1 family building 100.0 217.1 177.2 334.9 333.1 366.6
Index of housing price appreciation, 2-4 family building 100.0 224.3 144.7 381.4 334.1 316.5
Index of housing price appreciation, 5+ family building 100.0 256.6 286.6 662.4 174.4 705.1
Index of housing price appreciation, condominium 100.0 384.4 328.3 623.9 591.2 647.9
Index of housing price appreciation, all property types 100.0 216.9 179.2 378.2 329.3 366.8
Subsidized Housing
Total number of subsidized properties (properties) 62
HUD Financing or Insurance (properties) 2
HUD Financing or Insurance (units) 140
HUD Project-based Rental Assistance Program (properties) 4
HUD Project-based Rental Assistance Program (units) 282
Low Income Housing Tax Credit (properties) 6
Low Income Housing Tax Credit (units) 362
Public Housing (properties) 0
Public Housing (units) 0
Mitchell-Lama (properties) 0
Mitchell-Lama (units) 0
421-a Tax Exemption (properties) 61
421-a Tax Exemption (units) 2,133
420-c Tax Exemption (properties) 7
420-c Tax Exemption (units) 515
NYC Housing Production Programs and Zoning Incentives or Requirements (properties) 42
Eligible to expire from housing programs between 2022 and 2027 (properties) 3
Eligible to expire from housing programs between 2022 and 2027 (units) 170
Eligible to expire from housing programs between 2028 and 2037 (properties) 3
Eligible to expire from housing programs between 2028 and 2037 (units) 262
Eligible to expire from housing programs in 2038 and later (properties) 2
Eligible to expire from housing programs in 2038 and later (units) 74

Land Use and Development

Indicator 2000 2006 2010 2019 2020 2021
Density
Population density (1,000 persons per square mile) 56.1 56.0 54.0
Development
Units authorized by new residential building permits 0 0 6 660 317
Units issued new certificates of occupancy 24 74 305 706 401

Neighborhood Services and Conditions

Indicator 2000 2006 2010 2019 2020 2021
Commute
Car-free commute (% of commuters) 68.1% 70.6% 73.8% 73.5%
Mean travel time to work (minutes) 46.0 44.4 41.7 43.9
Crime and Incarceration
Serious crime rate (per 1,000 residents) 15.1 12.3 7.4 8.5 8.6
Serious crime rate, property (per 1,000 residents) 9.6 7.5 4.8 5.3 5.2
Serious crime rate, violent (per 1,000 residents) 5.5 4.8 2.6 3.2 3.3
Schools
Students performing at grade level in English language arts, 4th grade 52.7%
Students performing at grade level in math, 4th grade 50.9%

Renters

Indicator 2000 2006 2010 2019 2020 2021
Median Rent
Median rent, 2- and 3-bedrooms (2021$) $1,420 $1,620
Median rent, all (2021$) $1,110 $1,230 $1,320 $1,560
Median rent, recent movers (2021$) $1,330 $1,740
Median rent, studios and 1-bedrooms (2021$) $1,170 $1,360
Change in collected rent (2019-2020) -1.3%
Affordability
Rental units affordable at 30% AMI (% of recently available units) 4.9% 3.9%
Rental units affordable at 80% AMI (% of recently available units) 70.3% 57.0%
Rental units affordable at 120% AMI (% of recently available units) 98.0% 97.9%
Rent Burden
Moderately rent-burdened households 24.6% 26.7% 25.9%
Moderately rent-burdened households, low income 34.4% 30.5%
Moderately rent-burdened households, moderate income 9.6% 12.5%
Severely rent-burdened households 28.2% 29.7% 32.5%
Severely rent-burdened households, low income 44.2% 47.0%
Severely rent-burdened households, moderate income 0.3% 0.0%
Rental Subsidy
Housing choice vouchers (% of occupied, privately owned rental units) 7.8% 5.8% 5.6%
Public housing (% of rental units) 0.0%
DEMOGRAPHICS

In 2019, there were an estimated 156,866 people in Flatbush/Midwood, of which 9.5% of the population identified as Asian, 33.6% identified as Black, 13.8% identified as Hispanic, and 39.8% identified as white.

Graph showing the racial and ethnic composition of Flatbush/Midwood in both 2000 and 2015-2019.
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In 2019, the household income group with the largest share (22.5%) of households was $100,001 - $250,000. In 2000, the household income group with the largest share (22.5%) of households was $60,001 - $100,000.

Graph showing the distribution of household income in Flatbush/Midwood in both 2000 and 2015-2019.
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Median household income in 2019 was $68,930, about 5% less than citywide median household income ($72,930). The poverty rate in Flatbush/Midwood was 12.0% in 2019 compared to 16.0% citywide.

The poverty rate in Flatbush/Midwood was 12.0% 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 Flatbush/Midwood in both 2010 and 2015-2019.
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HOUSING

Renters

Real median gross rent in Flatbush/Midwood increased from $1,230 in 2006 to $1,560 in 2019. In 2019, 32.5% of renter households in Flatbush/Midwood were severely rent burdened (spent more than 50% of household income on rent). 57.0% of the rental units were affordable at 80% Area Median Income, 13 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 Flatbush/Midwood was 2.7% in 2019.

Real median gross rent in Flatbush/Midwood increased from $1,250 in 2007 to $1,560 in 2019.
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None of the rental units in Flatbush/Midwood are public housing rental units in 2021.
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Homeowners

In 2019, the homeownership rate in Flatbush/Midwood was 24.6%, lower than the citywide share of 31.9%. The homeownership rate in the neighborhood has increased by 0.3 percentage points since 2010. In 2020, the home purchase loan rate was 19.1 per 1,000 properties (owner-occupied 1-4 family buildings, condominiums, or cooperative apartments) and the refinance loan rate was 40.6 per 1,000 properties in the neighborhood. Out of all the first-time home purchase loans and refinance loans in Flatbush/Midwood, 2.3% and 0.7% were high cost loans, respectively. 64 properties had a filing of mortgage foreclosure in Flatbush/Midwood in 2021. There were 5.4 mortgage foreclosure actions initiated per 1,000 1-4 family properties and condominium units.

There were 5.4 mortgage foreclosure notices per 1,000 1-4 family properties and condominium units in Flatbush/Midwood in 2021
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Development

Department of Buildings issued new certificates of occupancy to 401 residential units in new buildings in Flatbush/Midwood in 2020, 305 less than the number of units certified in 2019.

Department of Buildings issued new certificates of occupancy to 401 residential units in new buildings in Flatbush/Midwood last year, 305 less than the number of units certified in 2019.
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Over the last decade, 2,600 units in 4+ unit buildings were built in Flatbush/Midwood. 83% were market rate, compared to 10% 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 8.6 serious crimes per 1,000 residents in 2021, compared to 12.2 serious crimes per 1,000 residents citywide.

The serious crime rate was 8.6 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.