Flatbush/Midwood Neighborhood Profile

Neighborhood Indicators

Demographics

Indicator	2000	2006	2010	2019	2021
Population
Born in New York State		47.1%	45.6%	49.0%	47.5%
Disabled population			5.7%	5.2%	7.4%
Foreign-born population	49.4%	45.6%	46.6%	39.9%	38.8%
Population	166,315	163,099	162,715	156,866	173,007
Population aged 65+	10.8%	12.2%	9.8%	14.8%	17.3%
Households
Households with children under 18 years old	41.8%	35.2%	37.1%	34.2%	27.7%
Single-person households		28.1%	27.1%	31.3%	31.1%
Race and Ethnicity
Percent Asian	8.0%	8.3%	8.1%	9.5%	9.7%
Percent Black	37.4%	38.3%	34.9%	33.6%	26.0%
Percent Hispanic	12.9%	10.9%	12.7%	13.8%	17.4%
Percent white	37.6%	40.6%	42.0%	39.8%	39.4%
Racial diversity index	0.70	0.67	0.68	0.70	0.74
Income and Poverty
Income diversity ratio		4.6	5.3	5.0	5.3
Median household income (2022$)	$61,330	$56,380	$55,460	$73,140	$70,130
Median household income, homeowners (2022$)		$97,840	$107,640	$136,370	$126,740
Median household income, renters (2022$)		$49,480	$46,410	$62,290	$57,740
Poverty rate	22.8%	18.1%	22.4%	12.0%	16.6%
Poverty rate, population aged 65+		28.0%	25.7%	23.0%	21.5%
Poverty rate, population under 18 years old		23.3%	31.8%	7.9%	18.1%
Labor Market
Labor force participation rate		58.6%	62.6%	64.5%	61.5%
Population aged 25+ without a high school diploma		17.7%	17.3%	13.6%	12.4%
Unemployment rate	10.70%	7.37%	11.12%	3.62%	8.38%

Housing Market and Conditions

Indicator	2000	2006	2010	2019	2021	2022
Housing Stock
Homeownership rate	20.4%	22.8%	24.3%	24.6%	23.6%
Housing units		61,145	60,011	60,160	68,790
Rental vacancy rate			3.2%	2.7%	2.1%
Serious housing code violations (per 1,000 privately owned rental units)		103.6	109.7	178.9	181.5	192.1
Severe crowding rate (% of renter households)			5.7%	7.4%	6.6%
Total housing code violations (per 1,000 privately owned rental units)		562.0	506.3	667.7	632.5	607.7
Finance - Distress
Notices of foreclosure rate (per 1,000 1-4 family and condo properties)	7.8	9.4	20.6	8.4	5.6	8.5
Notices of foreclosure, all residential properties	79	99	222	95	64	93
Notices of foreclosure, initial, 1-4 family and condo properties	59	57	127	36	18	31
Notices of foreclosure, repeat, 1-4 family and condo properties	10	27	63	45	37	55
Pre-foreclosure notice rate (per 1,000 1-4 family and condo properties)				56.1	21.8	49.9
Pre-foreclosure notices, 1-4 family and condo properties				541	220	504
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%	0.6%
Higher-cost home purchase loans (% of home purchase loans)		11.5%	0.4%	1.9%	1.4%
Higher-cost refinance loans (% of refinance loans)		21.7%	1.1%	4.2%	0.3%
Home purchase loan rate (per 1,000 properties)		34.0	16.2	23.3	35.8
Home purchase loans in LMI tracts (% of home purchase loans)		62.8%	7.5%	47.1%	43.6%
Home purchase loans to LMI borrowers (% of home purchase loans)		11.4%	48.0%	6.2%	9.8%
Refinance loan rate (per 1,000 properties)		38.9	20.2	18.7	42.1
Sales - Volume
Sales volume, 1 family building	183	187	89	90	122	155
Sales volume, 2-4 family building	129	131	55	58	58	99
Sales volume, 5+ family building	13	59	26	32	17	25
Sales volume, condominium	10	18	47	123	120	114
Sales volume, all property types	335	395	217	303	317	393
Sales - Median Prices
Median sales price per unit, 1 family building (2022$)	$628,780	$1,022,330	$965,710	$1,201,370	$1,326,280	$1,295,000
Median sales price per unit, 2-4 family building (2022$)	$237,920	$425,090	$347,660	$638,310	$675,610	$599,500
Median sales price per unit, 5+ family building (2022$)	$66,280	$119,300	$122,100	$168,800	$193,570	$169,790
Median sales price per unit, condominium (2022$)	$176,310	$564,970	$508,610	$675,510	$641,920	$602,300
Sales - Housing Price Index
Index of housing price appreciation, 1 family building	100.0	212.2	178.2	335.1	380.0	383.5
Index of housing price appreciation, 2-4 family building	100.0	219.1	155.0	364.6	383.1	399.0
Index of housing price appreciation, 5+ family building	100.0	253.9	288.9	630.8	647.4	459.9
Index of housing price appreciation, condominium	100.0	380.3	322.8	626.9	639.7	665.3
Index of housing price appreciation, all property types	100.0	213.1	183.8	374.9	386.3	392.6
Subsidized Housing
Total number of subsidized properties (properties)						78
HUD Financing or Insurance (properties)						3
HUD Financing or Insurance (units)						196
HUD Project-based Rental Assistance Program (properties)						5
HUD Project-based Rental Assistance Program (units)						356
Low Income Housing Tax Credit (properties)						7
Low Income Housing Tax Credit (units)						400
Public Housing (properties)						0
Public Housing (units)						0
Mitchell-Lama (properties)						0
Mitchell-Lama (units)						0
421-a Tax Exemption (properties)						108
421-a Tax Exemption (units)						3,049
420-c Tax Exemption (properties)						8
420-c Tax Exemption (units)						589
NYC Housing Production Programs and Zoning Incentives or Requirements (properties)						54
Eligible to expire from housing programs between 2023 and 2028 (properties)						3
Eligible to expire from housing programs between 2023 and 2028 (units)						168
Eligible to expire from housing programs between 2029 and 2038 (properties)						4
Eligible to expire from housing programs between 2029 and 2038 (units)						336
Eligible to expire from housing programs in 2039 and later (properties)						5
Eligible to expire from housing programs in 2039 and later (units)						260

Land Use and Development

Indicator	2000	2006	2010	2019	2021	2022
Density
Population density (1,000 persons per square mile)		56.1	56.0	54.0	59.5
Development
Units authorized by new residential building permits	0	0	6	660	129	1,406
Units issued new certificates of occupancy	24	74	305	706	934	378

Neighborhood Services and Conditions

Indicator	2000	2006	2010	2019	2021	2022
Commute
Car-free commute (% of commuters)	68.1%	70.6%	73.8%	73.5%	62.4%
Mean travel time to work (minutes)	46.0	44.4	41.7	43.9	44.7
Crime and Incarceration
Serious crime rate (per 1,000 residents)		15.1	12.3	7.4	8.6	8.4
Serious crime rate, property (per 1,000 residents)		9.6	7.5	4.8	5.4	4.9
Serious crime rate, violent (per 1,000 residents)		5.5	4.8	2.6	3.3	3.4
Schools
Students performing at grade level in English language arts, 4th grade				52.7%		46.0%
Students performing at grade level in math, 4th grade				50.9%		46.2%

Renters

Indicator	2000	2006	2010	2019	2021	2022
Median Rent
Median rent, 2- and 3-bedrooms (2022$)			$1,500	$1,720	$1,850
Median rent, all (2022$)	$1,180	$1,310	$1,400	$1,660	$1,640
Median rent, recent movers (2022$)			$1,410	$1,850	$1,990
Median rent, studios and 1-bedrooms (2022$)			$1,240	$1,440	$1,540
Change in collected rent (2019-2020)					1.5%
Affordability
Rental units affordable at 30% AMI (% of recently available units)			4.9%	3.9%	6.6%
Rental units affordable at 80% AMI (% of recently available units)			70.3%	57.0%	60.5%
Rental units affordable at 120% AMI (% of recently available units)			98.0%	97.9%	96.4%
Rent Burden
Moderately rent-burdened households		24.6%	26.7%	25.9%	21.4%
Moderately rent-burdened households, low income			34.4%	30.5%	31.1%
Moderately rent-burdened households, moderate income			9.6%	12.5%	12.8%
Severely rent-burdened households	28.2%		29.7%	32.5%	29.6%
Severely rent-burdened households, low income			44.2%	47.0%	44.9%
Severely rent-burdened households, moderate income			0.3%	0.0%	0.0%
Rental Subsidy
Housing choice vouchers (% of occupied, privately owned rental units)			7.8%	5.8%
Public housing (% of rental units)						0.0%

DEMOGRAPHICS

In 2021, there were an estimated 173,007 people in Flatbush/Midwood, of which 9.7% identified as Asian, 26.0% identified as Black, 17.4% identified as Hispanic, and 39.4% identified as white.

Graph showing the racial and ethnic composition of Flatbush/Midwood in both 2000 and 2017-2021.

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In 2021, the household income group with the largest share (28.7%) of households was $100,001 - $250,000. In 2000, the household income group with the largest share (22.3%) of households was $60,001 - $100,000.

Graph showing the distribution of household income in Flatbush/Midwood in both 2000 and 2017-2021.

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Median household income in 2021 was $70,130, about 3% less than citywide median household income ($72,150). The poverty rate in Flatbush/Midwood was 16.6% in 2021 compared to 18.0% citywide.

The poverty rate in Flatbush/Midwood was 16.6% 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 Flatbush/Midwood in both 2010 and 2017-2021.

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HOUSING

Renters

Real median gross rent in Flatbush/Midwood increased from $1,310 in 2006 to $1,640 in 2021. This represents a 25.2% increase over the same period. As of 2021, the change in median gross rent outpaced the change in median household income by 8.5 percentage points. In 2021, 29.6% of renter households in Flatbush/Midwood were severely rent burdened (spent more than 50% of household income on rent). 60.5% of the rental units were affordable at 80% Area Median Income, 10 percentage points lower than the share in 2010. None of the rental units were public housing rental units, as of 2022. The overall rental vacancy rate in Flatbush/Midwood was 2.1% in 2021.

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Graph showing the change in real median gross rent and median renter household income in Flatbush/Midwood from 2006 to 2021.

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None of the rental units in Flatbush/Midwood are public housing rental units in 2022.

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Homeowners

In 2021, the homeownership rate in Flatbush/Midwood was 23.6%, which is lower than the citywide share of 33.3%. The homeownership rate in the neighborhood has decreased by 0.7 percentage points since 2010. In 2021, the home purchase loan rate was 35.8 per 1,000 properties (owner-occupied 1-4 family buildings, condominiums, or cooperative apartments) and the refinance loan rate was 42.1 per 1,000 properties in the neighborhood. Out of all the first-time home purchase loans and refinance loans in Flatbush/Midwood, 1.4% and 0.3% were high cost loans, respectively. 93 properties had a filing of mortgage foreclosure in Flatbush/Midwood 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 Flatbush/Midwood in 2022

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Development

The Department of Buildings issued new certificates of occupancy to 378 residential units in new buildings in Flatbush/Midwood in 2022, 556 fewer than the number of units certified in 2021.

Department of Buildings issued new certificates of occupancy to 378 residential units in new buildings in Flatbush/Midwood last year, the same as the number of units certified in 2022.

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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% 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 8.4 serious crimes per 1,000 residents in 2022, compared to 14.2 serious crimes per 1,000 residents citywide.

The serious crime rate was 8.4 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 .