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Greenpoint/Williamsburg BK01

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DEMOGRAPHICS

In 2019, there were an estimated 151,308 people in Greenpoint/Williamsburg, of which 6.6% of the population identified as Asian, 4.5% identified as Black, 25.0% identified as Hispanic, and 61.3% identified as white.

 

Graph showing the racial and ethnic composition of Greenpoint/Williamsburg in both 2000 and 2015-2019.
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In 2019, the household income group with the largest share (31.3%) of households is $100,001 - $250,000. In 2000, the household income group had the largest share (26.3%) of households is <= $20,000.

Graph showing the distribution of household income in Greenpoint/Williamsburg in both 2000 and 2015-2019.
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Median household income in 2019 was $99,960, about 42% more than citywide median household income ($70,590). The poverty rate in Greenpoint/Williamsburg was 20.1% in 2019 compared to 16.0% citywide.

The poverty rate in Greenpoint/Williamsburg was 20.1% in 2019 compared to 16.0% citywide.
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HOUSING

Renters

 

Real median gross rent in Greenpoint/Williamsburg increased from $1,050 in 2006 to $2,060 in 2019. In 2019, 24.3% of renter households in Greenpoint/Williamsburg were severely rent burdened (spent more than 50% of household income on rent). 19.6% of the rental units are affordable at the 80% Area Median Income, 17 percentage points lower than the share in 2010. 7.9% of the rental units are public housing rental units in 2020. The overall rental vacancy rate in Greenpoint/Williamsburg was 2.8%.

 

Real median gross rent in Greenpoint/Williamsburg increased from $1,210 in 2007 to $2,060 in 2019.
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7.9% of the rental units in Greenpoint/Williamsburg are public housing rental units in 2020.
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Homeowners

In 2019, the homeownership rate in Greenpoint/Williamsburg was 17.7%, lower than the citywide share of 31.9%. The homeownership rate in the neighborhood has remained the same level since 2010. In 2019, the home purchase loan rate was 26.9 per 1,000 properties (owner-occupied 1-4 family buildings, condominiums, or cooperative apartments) and the refinance loan rate was 15.9 per 1,000 properties in the neighborhood. Out of all the first-time home purchase loans and refinance loans in Greenpoint/Williamsburg, 0.8% and 1.3% were high cost loans, respectively. 39 properties had a filing of mortgage foreclosure in Greenpoint/Williamsburg in 2020. There were 1.9 mortgage foreclosure actions initiated per 1,000 1-4 family properties and condominium units.

 

There were 1.9 mortgage foreclosure notices per 1,000 1-4 family properties and condominium units in Greenpoint/Williamsburg in 2020
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Development

Department of Buildings issued new certificates of occupancy to 1,374 residential units in new buildings in Greenpoint/Williamsburg last year, 611 less than the number of units certified in 2019.

 

Department of Buildings issued new certificates of occupancy to 829 residential units in new buildings in Greenpoint/Williamsburg last year, 1,152 less than the number of units certified in 2019.
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NEIGHBORHOOD SERVICES AND CONDITIONS

The serious crime rate was 13.7 serious crimes per 1,000 residents in 2020, compared to 11.6 serious crimes per 1,000 residents citywide.

The serious crime rate was 13.7 serious crimes per 1,000 residents in 2020, compared to 11.6 serious crimes per 1,000 residents citywide.
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Neighborhood Indicators: BK01 Greenpoint/Williamsburg

Demographics

Indicator 2000 2006 2010 2019 2020 Rank (2000) Rank (19/20)
Population
Born in New York State 50.8% 52.0% 47.4% 28
Disabled population 5.0% 4.9% 46
Foreign-born population 33.5% 29.1% 25.8% 24.2% 32 45
Population 142,098 141,513 146,253 151,308
Population aged 65+ 9.9% 12.5% 9.1% 10.3% 35 49
Households
Households with children under 18 years old 35.0% 24.2% 25.2% 20.7% 32 46
Single-person households 35.0% 31.3% 29.6% 32
Race and Ethnicity
Percent Asian 3.9% 5.2% 5.2% 6.6% 35 34
Percent Black 4.0% 2.3% 2.6% 4.5% 40 40
Percent Hispanic 34.1% 26.8% 30.0% 25.0% 19 27
Percent white 52.5% 64.0% 60.7% 61.3% 17 9
Racial diversity index 0.61 0.52 0.54 0.56 21 36
Income and Poverty
Income diversity ratio 7.0 6.5 6.9 9
Median household income (2020$) $43,160 $41,420 $49,190 $99,960 45 9
Median household income, homeowners (2020$) $65,590 $84,980 $139,330 9
Median household income, renters (2020$) $36,840 $43,560 $92,070 8
Poverty rate 33.8% 35.2% 26.5% 20.1% 11 15
Poverty rate, population aged 65+ 26.5% 28.7% 19.2% 26
Poverty rate, population under 18 years old 58.2% 40.9% 45.2% 5
Labor Market
Labor force participation rate 57.7% 66.4% 73.9% 4
Population aged 25+ without a high school diploma 32.7% 21.1% 15.5% 30
Unemployment rate 9.77% 6.13% 8.20% 3.99% 26 35

Housing Market and Conditions

Indicator 2000 2006 2010 2019 2020 Rank (2000) Rank (19/20)
Housing Stock
Homeownership rate 14.5% 18.1% 17.7% 17.7% 44 42
Housing units 55,769 65,586 69,661 14
Rental vacancy rate 3.0% 2.8% 33
Serious housing code violations (per 1,000 privately owned rental units) 23.3 29.3 45.0 36.4 36
Severe crowding rate (% of renter households) 9.7% 3.6% 37
Total housing code violations (per 1,000 privately owned rental units) 130.3 131.3 197.5 129.5 35
Finance - Distress
Notices of foreclosure rate (per 1,000 1-4 family and condo properties) 5.2 5.2 11.9 3.2 1.9 35 35
Notices of foreclosure, all residential properties 56 70 211 69 39 33 27
Notices of foreclosure, initial, 1-4 family and condo properties 27 37 143 23 9 39 32
Notices of foreclosure, repeat, 1-4 family and condo properties 7 14 25 30 23 40 27
Pre-foreclosure notice rate (per 1,000 1-4 family and condo properties) 17.2 12.2 44
Pre-foreclosure notices, 1-4 family and condo properties 281 206 30
Properties entering REO, 1-4 family 5 0 0 28
Finance - Lending
FHA/VA-backed home purchase loans (% of home purchase loans) 0.0% 17.3% 0.4% 38
Higher-cost home purchase loans (% of home purchase loans) 3.8% 0.4% 0.8% 47
Higher-cost refinance loans (% of refinance loans) 23.2% 1.7% 1.3% 44
Home purchase loan rate (per 1,000 properties) 40.1 40.4 26.9 5
Home purchase loans in LMI tracts (% of home purchase loans) 59.5% 4.8% 19.5% 33
Home purchase loans to LMI borrowers (% of home purchase loans) 2.4% 48.3% 1.4% 48
Refinance loan rate (per 1,000 properties) 23.1 10.3 15.9 26
Sales - Volume
Sales volume, 1 family building 12 16 12 10 9 43 44
Sales volume, 2-4 family building 131 163 74 68 49 36 34
Sales volume, 5+ family building 63 80 53 46 32 5 1
Sales volume, all property types 278 996 900 729 551 40 8
Sales volume, condominium 72 737 761 605 461 15 2
Sales - Median Prices
Median sales price per unit, 1 family building (2020$) $366,630 $762,100 $795,210 $1,601,930 $1,875,000 26 10
Median sales price per unit, 2-4 family building (2020$) $165,360 $368,550 $331,830 $795,630 $750,000 39 11
Median sales price per unit, 5+ family building (2020$) $58,130 $160,240 $146,830 $407,530 $410,940 41 8
Median sales price per unit, condominium (2020$) $411,330 $647,370 $595,530 $1,083,210 $990,000 10 12
Sales - Housing Price Index
Index of housing price appreciation, 1 family building 100.0 290.3 274.9 611.7 829.8 2
Index of housing price appreciation, 2-4 family building 100.0 286.3 165.3 602.8 771.0 2
Index of housing price appreciation, 5+ family building 100.0 301.9 252.8 834.1 783.4 7
Index of housing price appreciation, all property types 100.0 248.7 220.0 463.1 449.5 6
Index of housing price appreciation, condominium 100.0 175.2 151.8 296.7 283.8 26
Subsidized Housing
Total number of subsidized properties (properties) 352 16
HUD Financing or Insurance (properties) 4 25
HUD Financing or Insurance (units) 1,436 6
HUD Project-based Rental Assistance Program (properties) 32 12
HUD Project-based Rental Assistance Program (units) 1,740 19
Low Income Housing Tax Credit (properties) 34 17
Low Income Housing Tax Credit (units) 3,551 19
Public Housing (properties) 35 6
Public Housing (units) 6,896 12
Mitchell-Lama (properties) 11 8
Mitchell-Lama (units) 4,021 8
421-a Tax Exemption (properties) 724 1
421-a Tax Exemption (units) 18,540 2
420-c Tax Exemption (properties) 66 13
420-c Tax Exemption (units) 1,791 16
NYC Housing Production Programs and Zoning Incentives or Requirements (properties) 154 13
Eligible to expire from housing programs between 2020 and 2025 (properties) 27 5
Eligible to expire from housing programs between 2020 and 2025 (units) 680 18
Eligible to expire from housing programs between 2026 and 2035 (properties) 15 18
Eligible to expire from housing programs between 2026 and 2035 (units) 1,122 23
Eligible to expire from housing programs in 2036 and later (properties) 26 18
Eligible to expire from housing programs in 2036 and later (units) 6,142 6

Land Use and Development

Indicator 2000 2006 2010 2019 2020 Rank (2000) Rank (19/20)
Density
Population density (1,000 persons per square mile) 34.3 35.5 36.7 29
Development
Units authorized by new residential building permits 757 1,570 227 1,838 337 6 26
Units issued new certificates of occupancy 114 942 2,496 1,985 1,374 26 1

Neighborhood Services and Conditions

Indicator 2000 2006 2010 2019 2020 Rank (2000) Rank (19/20)
Commute
Car-free commute (% of commuters) 76.6% 79.3% 85.2% 85.8% 13 12
Mean travel time to work (minutes) 35.3 33.4 31.5 34.5 48 48
Crime and Incarceration
Serious crime rate (per 1,000 residents) 17.2 15.3 11.7 13.7 19
Serious crime rate, property (per 1,000 residents) 12.3 10.7 8.4 10.5 7
Serious crime rate, violent (per 1,000 residents) 4.9 4.6 3.2 3.2 34
Schools
Students performing at grade level in English language arts, 4th grade 54.6% 27
Students performing at grade level in math, 4th grade 57.8% 23

Renters

Indicator 2000 2006 2010 2019 2020 Rank (2000) Rank (19/20)
Median Rent
Median rent, 2- and 3-bedrooms (2020$) $1,230 $1,700 14
Median rent, all (2020$) $930 $1,050 $1,250 $2,060 44 6
Median rent, recent movers (2020$) $1,830 $2,730 5
Median rent, studios and 1-bedrooms (2020$) $1,250 $2,030 7
Median rent, asking $2,500
Affordability
Rental units affordable at 30% AMI (% of recently available units) 7.6% 5.1% 29
Rental units affordable at 80% AMI (% of recently available units) 36.9% 19.6% 43
Rental units affordable at 120% AMI (% of recently available units) 74.3% 52.6% 43
Rent Burden
Moderately rent-burdened households 24.8% 21.9% 17.5% 52
Moderately rent-burdened households, low income 27.3% 25.5% 51
Moderately rent-burdened households, moderate income 32.7% 36.7% 9
Severely rent-burdened households 23.7% 27.6% 24.3% 26 43
Severely rent-burdened households, low income 44.6% 46.3% 17
Severely rent-burdened households, moderate income 4.2% 8.1% 6
Rental Subsidy
Housing choice vouchers (% of occupied, privately owned rental units) 8.6% 8.7% 15
Public housing (% of rental units) 7.9% 26

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.