Greenpoint/Williamsburg Neighborhood Profile

Neighborhood Indicators

Demographics

Indicator	2000	2006	2010	2019	2021
Population
Born in New York State		50.8%	52.0%	47.4%	43.1%
Disabled population			5.0%	4.9%	6.6%
Foreign-born population	33.5%	29.1%	25.8%	24.2%	23.6%
Population	142,098	141,513	146,253	151,308	159,580
Population aged 65+	9.9%	12.5%	9.1%	10.3%	8.7%
Households
Households with children under 18 years old	35.0%	24.2%	25.2%	20.7%	19.3%
Single-person households		35.0%	31.3%	29.6%	32.4%
Race and Ethnicity
Percent Asian	3.9%	5.2%	5.2%	6.6%	7.6%
Percent Black	4.0%	2.3%	2.6%	4.5%	3.8%
Percent Hispanic	34.1%	26.8%	30.0%	25.0%	22.2%
Percent white	52.5%	64.0%	60.7%	61.3%	59.4%
Racial diversity index	0.61	0.52	0.54	0.56	0.59
Income and Poverty
Income diversity ratio		7.0	6.5	6.9	6.9
Median household income (2022$)	$47,310	$45,400	$53,920	$109,580	$107,630
Median household income, homeowners (2022$)		$71,900	$93,150	$152,740	$148,380
Median household income, renters (2022$)		$40,380	$47,750	$100,920	$96,820
Poverty rate	33.8%	35.2%	26.5%	20.1%	18.8%
Poverty rate, population aged 65+		26.5%	28.7%	19.2%	33.7%
Poverty rate, population under 18 years old		58.2%	40.9%	45.2%	33.3%
Labor Market
Labor force participation rate		57.7%	66.4%	73.9%	77.4%
Population aged 25+ without a high school diploma		32.7%	21.1%	15.5%	10.7%
Unemployment rate	9.77%	6.13%	8.20%	3.99%	10.95%

Housing Market and Conditions

Indicator	2000	2006	2010	2019	2021	2022
Housing Stock
Homeownership rate	14.5%	18.1%	17.7%	17.7%	14.6%
Housing units		55,769	65,586	69,661	77,305
Rental vacancy rate			3.0%	2.8%	2.7%
Serious housing code violations (per 1,000 privately owned rental units)		23.3	29.3	45.0	38.9	44.1
Severe crowding rate (% of renter households)			9.7%	3.6%	3.6%
Total housing code violations (per 1,000 privately owned rental units)		130.3	131.3	197.5	244.2	227.9
Finance - Distress
Notices of foreclosure rate (per 1,000 1-4 family and condo properties)	5.2	5.2	11.9	3.2	3.6	3.9
Notices of foreclosure, all residential properties	56	70	211	69	85	88
Notices of foreclosure, initial, 1-4 family and condo properties	27	37	143	23	31	34
Notices of foreclosure, repeat, 1-4 family and condo properties	7	14	25	30	29	33
Pre-foreclosure notice rate (per 1,000 1-4 family and condo properties)				17.2	12.7	21.6
Pre-foreclosure notices, 1-4 family and condo properties				281	218	368
Properties entering REO, 1-4 family	5	0	0
Finance - Lending
FHA/VA-backed home purchase loans (% of home purchase loans)		0.0%	17.3%	0.4%	0.5%
Higher-cost home purchase loans (% of home purchase loans)		3.8%	0.4%	0.8%	0.3%
Higher-cost refinance loans (% of refinance loans)		23.2%	1.7%	1.3%	0.4%
Home purchase loan rate (per 1,000 properties)		40.1	40.4	26.9	40.0
Home purchase loans in LMI tracts (% of home purchase loans)		59.5%	4.8%	19.5%	16.1%
Home purchase loans to LMI borrowers (% of home purchase loans)		2.4%	48.3%	1.4%	1.9%
Refinance loan rate (per 1,000 properties)		23.1	10.3	15.9	40.4
Sales - Volume
Sales volume, 1 family building	12	16	12	10	12	10
Sales volume, 2-4 family building	131	163	74	68	81	143
Sales volume, 5+ family building	63	81	53	46	72	93
Sales volume, condominium	72	737	761	606	803	528
Sales volume, all property types	278	997	900	730	968	774
Sales - Median Prices
Median sales price per unit, 1 family building (2022$)	$401,910	$835,430	$871,720	$1,756,060	$1,915,150	$2,327,500
Median sales price per unit, 2-4 family building (2022$)	$181,270	$404,010	$363,750	$872,180	$742,720	$832,500
Median sales price per unit, 5+ family building (2022$)	$63,730	$173,900	$160,950	$446,740	$400,310	$436,360
Median sales price per unit, condominium (2022$)	$450,910	$709,660	$652,820	$1,187,430	$1,172,430	$1,166,300
Sales - Housing Price Index
Index of housing price appreciation, 1 family building	100.0	237.3	257.8	624.7	713.3	686.4
Index of housing price appreciation, 2-4 family building	100.0	255.2	219.7	697.8	774.1	776.1
Index of housing price appreciation, 5+ family building	100.0	286.0	305.2	796.1	771.0	836.3
Index of housing price appreciation, condominium	100.0	138.1	119.4	231.6	240.7	252.3
Index of housing price appreciation, all property types	100.0	270.5	243.1	492.0	514.7	549.4
Subsidized Housing
Total number of subsidized properties (properties)						428
HUD Financing or Insurance (properties)						24
HUD Financing or Insurance (units)						1,697
HUD Project-based Rental Assistance Program (properties)						32
HUD Project-based Rental Assistance Program (units)						1,708
Low Income Housing Tax Credit (properties)						45
Low Income Housing Tax Credit (units)						3,909
Public Housing (properties)						23
Public Housing (units)						3,790
Mitchell-Lama (properties)						11
Mitchell-Lama (units)						4,021
421-a Tax Exemption (properties)						729
421-a Tax Exemption (units)						20,424
420-c Tax Exemption (properties)						66
420-c Tax Exemption (units)						1,781
NYC Housing Production Programs and Zoning Incentives or Requirements (properties)						199
Eligible to expire from housing programs between 2023 and 2028 (properties)						15
Eligible to expire from housing programs between 2023 and 2028 (units)						427
Eligible to expire from housing programs between 2029 and 2038 (properties)						15
Eligible to expire from housing programs between 2029 and 2038 (units)						1,263
Eligible to expire from housing programs in 2039 and later (properties)						54
Eligible to expire from housing programs in 2039 and later (units)						6,599

Land Use and Development

Indicator	2000	2006	2010	2019	2021	2022
Density
Population density (1,000 persons per square mile)		34.3	35.5	36.7	38.7
Development
Units authorized by new residential building permits	757	0	227	1,839	1,449	5,238
Units issued new certificates of occupancy	114	942	2,496	1,985	638	1,983

Neighborhood Services and Conditions

Indicator	2000	2006	2010	2019	2021	2022
Commute
Car-free commute (% of commuters)	76.6%	79.3%	85.2%	85.8%	75.0%
Mean travel time to work (minutes)	35.3	33.4	31.5	34.5	34.6
Crime and Incarceration
Serious crime rate (per 1,000 residents)		17.2	15.3	11.7	11.0	14.1
Serious crime rate, property (per 1,000 residents)		12.3	10.7	8.5	8.4	10.6
Serious crime rate, violent (per 1,000 residents)		4.9	4.6	3.2	2.6	3.6
Schools
Students performing at grade level in English language arts, 4th grade				54.6%		41.5%
Students performing at grade level in math, 4th grade				57.8%		37.0%

Renters

Indicator	2000	2006	2010	2019	2021	2022
Median Rent
Median rent, 2- and 3-bedrooms (2022$)			$1,350	$1,860	$1,770
Median rent, all (2022$)	$1,020	$1,150	$1,370	$2,250	$2,490
Median rent, recent movers (2022$)			$2,010	$2,990	$2,840
Median rent, studios and 1-bedrooms (2022$)			$1,370	$2,230	$2,120
Change in collected rent (2019-2020)					0.8%
Affordability
Rental units affordable at 30% AMI (% of recently available units)			7.6%	5.1%	5.1%
Rental units affordable at 80% AMI (% of recently available units)			36.9%	19.6%	19.6%
Rental units affordable at 120% AMI (% of recently available units)			74.3%	52.6%	52.6%
Rent Burden
Moderately rent-burdened households		24.8%	21.9%	17.5%	21.2%
Moderately rent-burdened households, low income			27.3%	25.5%	25.5%
Moderately rent-burdened households, moderate income			32.7%	36.7%	36.7%
Severely rent-burdened households	23.7%		27.6%	24.3%	22.6%
Severely rent-burdened households, low income			44.6%	46.3%	46.3%
Severely rent-burdened households, moderate income			4.2%	8.1%	8.1%
Rental Subsidy
Housing choice vouchers (% of occupied, privately owned rental units)			8.6%	8.7%
Public housing (% of rental units)						5.2%

DEMOGRAPHICS

In 2021, there were an estimated 159,580 people in Greenpoint/Williamsburg, of which 7.6% identified as Asian, 3.8% identified as Black, 22.2% identified as Hispanic, and 59.4% identified as white.

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

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In 2021, the household income group with the largest share (34.7%) of households was $100,001 - $250,000. In 2000, the household income group with the largest share (23.4%) of households was <= $20,000.

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

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Median household income in 2021 was $107,630, about 49% more than citywide median household income ($72,150). The poverty rate in Greenpoint/Williamsburg was 18.8% in 2021 compared to 18.0% citywide.

The poverty rate in Greenpoint/Williamsburg was 18.8% 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 Greenpoint/Williamsburg in both 2010 and 2017-2021.

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HOUSING

Renters

Real median gross rent in Greenpoint/Williamsburg increased from $1,150 in 2006 to $2,490 in 2021. This represents a 116.5% increase over the same period. As of 2021, the change in median household income outpaced the change in median gross rent by 23.3 percentage points. In 2021, 22.6% of renter households in Greenpoint/Williamsburg were severely rent burdened (spent more than 50% of household income on rent). 15.2% of the rental units were affordable at 80% Area Median Income, 22 percentage points lower than the share in 2010. 5.2% of the rental units were public housing rental units, as of 2022. The overall rental vacancy rate in Greenpoint/Williamsburg was 2.7% in 2021.

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

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5.2% of the rental units in Greenpoint/Williamsburg are public housing rental units in 2022.

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Homeowners

In 2021, the homeownership rate in Greenpoint/Williamsburg was 14.6%, which is lower than the citywide share of 33.3%. The homeownership rate in the neighborhood has decreased by 3.1 percentage points since 2010. In 2021, the home purchase loan rate was 40.0 per 1,000 properties (owner-occupied 1-4 family buildings, condominiums, or cooperative apartments) and the refinance loan rate was 40.4 per 1,000 properties in the neighborhood. Out of all the first-time home purchase loans and refinance loans in Greenpoint/Williamsburg, 0.3% and 0.4% were high cost loans, respectively. 88 properties had a filing of mortgage foreclosure in Greenpoint/Williamsburg in 2022. There were 3.9 mortgage foreclosure actions initiated per 1,000 1-4 family properties and condominium units.

There were 3.9 mortgage foreclosure notices per 1,000 1-4 family properties and condominium units in Greenpoint/Williamsburg in 2022

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Development

The Department of Buildings issued new certificates of occupancy to 1,983 residential units in new buildings in Greenpoint/Williamsburg in 2022, 1,345 more than the number of units certified in 2021.

Department of Buildings issued new certificates of occupancy to 1,983 residential units in new buildings in Greenpoint/Williamsburg last year, the same as the number of units certified in 2022.

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Over the last decade, 17,811 units in 4+ unit buildings were built in Greenpoint/Williamsburg. 82% were market rate, compared to 15% 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 14.1 serious crimes per 1,000 residents in 2022, compared to 14.2 serious crimes per 1,000 residents citywide.

The serious crime rate was 14.1 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 .