New York City Neighborhood Data Profiles
MN02: Greenwich Village/Soho
Demographics
In 2017, there were about 148,982 people in Greenwich Village/Soho, 16.5% of the population identified as Asian in 2017, 2.1% identified as black, 5.7% identified as Hispanic, and 72.2% identified as white. Median household income in 2017 was $147,641, about 138% more than citywide median household income ($62,040). The poverty rate in Greenwich Village/Soho was 8.8% in 2017 compared to 17.9% citywide.
Housing
Real median gross rent in Greenwich Village/Soho increased from $2,180 in 2006 to $2,610 in 2017. Median asking rent — rent for units being advertised for lease — in 2017 was $3,600 in Greenwich Village/Soho, compared to $3,150 in Manhattan and $2,800 citywide. In 2017, 18.4% of renter households in Greenwich Village/Soho were severely rent burdened (spent more than 50% of household income on rent). The rental vacancy rate in Greenwich Village/Soho was 5.2%. In 2017, the homeownership rate in Greenwich Village/Soho was 30.7%. There were 400 property sales in Greenwich Village/Soho in 2018. Sales prices for all residential property types decreased by 2% in Greenwich Village/Soho between 2017 and 2018, compared to a decrease of 2% in Manhattan and an increase of 2.5% citywide.
Neighborhood Services and Conditions
In 2018, 87.6% of 4th grade students attending schools in Greenwich Village/Soho performed at grade level in math, compared to 54.2% in Manhattan, and 46% citywide; 88.5% of Greenwich Village/Soho 4th graders performed at grade level in English language arts, compared to 57.6% in Manhattan, and 49% citywide. The serious crime rate was 27.5 serious crimes per 1,000 residents in 2018, compared to 11.3 serious crimes per 1,000 residents citywide.
State of New York City’s Housing and Neighborhoods report »
Community District Data Summary (PDF, 138 KB) »
Neighborhood Indicators: MN02 Greenwich Village/Soho
Demographics
| Indicator | 2000 | 2006 | 2010 | 2017 | 2018 | Rank (2010) | Rank (17/18) |
|---|---|---|---|---|---|---|---|
| Population | |||||||
| Born in New York State | 38.8% | 34.7% | 37.8% | 40.5% | 43 | ||
| Disabled population | 3.1% | 3.3% | 2.3% | 55 | |||
| Foreign-born population | 23.3% | 25.9% | 23.1% | 22.9% | 21.2% | 43 | 49 |
| Population | 125,567 | 147,198 | 144,944 | 148,982 | 151,979 | ||
| Population aged 65+ | 10.5% | 9.8% | 11.2% | 14.3% | 13.9% | 32 | 28 |
| Households | |||||||
| Households with children under 18 years old | 11.4% | 13.9% | 12.7% | 16.1% | 17.0% | 53 | 51 |
| Single-person households | 51.4% | 49.4% | 47.5% | 47.1% | 4 | ||
| Race and Ethnicity | |||||||
| Percent Asian | 14.5% | 19.2% | 14.6% | 16.5% | 14.5% | 11 | 19 |
| Percent black | 3.1% | 2.7% | 2.4% | 2.1% | 1.7% | 44 | 50 |
| Percent Hispanic | 5.9% | 4.9% | 5.6% | 5.7% | 7.4% | 53 | 53 |
| Percent white | 73.6% | 71.5% | 73.2% | 72.2% | 72.6% | 6 | 4 |
| Racial diversity index | 0.43 | 0.45 | 0.44 | 0.45 | 0.45 | 42 | 48 |
| Income and Poverty | |||||||
| Income diversity ratio | 6.7 | 6.0 | 6.6 | 13 | |||
| Median household income (2018$) | $106,980 | $117,630 | $116,020 | $147,640 | $148,150 | 2 | 1 |
| Median household income, homeowners (2018$) | $188,260 | $175,230 | $183,670 | $187,620 | 3 | ||
| Median household income, renters (2018$) | $97,720 | $104,770 | $128,960 | $137,810 | 1 | ||
| Poverty rate | 9.9% | 11.9% | 9.9% | 8.8% | 6.6% | 49 | 53 |
| Poverty rate, population aged 65+ | 23.4% | 8.7% | 16.3% | 14.6% | 38 | ||
| Poverty rate, population under 18 years old | 15.3% | 7.5% | 3.2% | 0.8% | 55 | ||
| Labor Market | |||||||
| Labor force participation rate | 75.5% | 77.6% | 72.1% | 76.9% | 1 | ||
| Population aged 25+ without a high school diploma | 7.5% | 5.2% | 6.6% | 4.9% | 52 | ||
| Unemployment rate | 5.78% | 4.77% | 6.08% | 2.55% | 3.66% | 46 | 48 |
Housing Market and Conditions
| Indicator | 2000 | 2006 | 2010 | 2017 | 2018 | Rank (2010) | Rank (17/18) |
|---|---|---|---|---|---|---|---|
| Housing Stock | |||||||
| Homeownership rate | 25.9% | 29.8% | 25.3% | 30.7% | 31.6% | 30 | 28 |
| Housing units | 81,238 | 89,353 | 87,668 | 93,773 | 5 | ||
| Rental vacancy rate | 5.0% | 5.2% | |||||
| Serious housing code violations (per 1,000 privately owned rental units) | 22.6 | 13.9 | 22.2 | 28.0 | 38 | ||
| Severe crowding rate (% of renter households) | 3.2% | 3.6% | |||||
| Total housing code violations (per 1,000 privately owned rental units) | 95.3 | 79.5 | 115.9 | 136.7 | 42 | ||
| Finance - Distress | |||||||
| Notices of foreclosure rate (per 1,000 1-4 family and condo properties) | 1.2 | 1.8 | 2.4 | 2.0 | 1.7 | 57 | 56 |
| Notices of foreclosure, all residential properties | 4 | 11 | 21 | 17 | 16 | 59 | 55 |
| Notices of foreclosure, initial, 1-4 family and condo properties | 3 | 8 | 14 | 9 | 6 | 58 | 53 |
| Notices of foreclosure, repeat, 1-4 family and condo properties | 1 | 3 | 3 | 6 | 7 | 55 | 55 |
| Pre-foreclosure notice rate (per 1,000 1-4 family and condo properties) | 13.0 | 11.8 | 54 | ||||
| Pre-foreclosure notices, 1-4 family and condo properties | 97 | 89 | 54 | ||||
| Properties entering REO, 1-4 family | 0 | 0 | 0 | 0 | 50 | 38 | |
| Finance - Lending | |||||||
| FHA/VA-backed home purchase loans (% of home purchase loans) | 0.0% | 0.3% | 0.0% | 0.0% | 42 | ||
| Higher-cost home purchase loans (% of home purchase loans) | 0.0% | 1.2% | 0.3% | 97.5% | 25 | ||
| Higher-cost refinance loans (% of refinance loans) | 0.0% | 0.5% | 0.8% | 93.1% | 51 | ||
| Home purchase loan rate (per 1,000 properties) | 50.1 | 23.9 | 22.4 | 17.9 | 34 | ||
| Home purchase loans in LMI tracts (% of home purchase loans) | 1.3% | 0.3% | 0.3% | 1.1% | 53 | ||
| Home purchase loans to LMI borrowers (% of home purchase loans) | 3.4% | 0.8% | 1.5% | 2.5% | 48 | ||
| Refinance loan rate (per 1,000 properties) | 14.8 | 31.9 | 9.2 | 9.1 | 35 | ||
| Sales - Volume | |||||||
| Sales volume, 1 family building | 6 | 13 | 15 | 6 | 16 | 49 | 44 |
| Sales volume, 2-4 family building | 22 | 17 | 11 | 12 | 14 | 50 | 49 |
| Sales volume, 5+ family building | 26 | 62 | 23 | 33 | 20 | 17 | 27 |
| Sales volume, all property types | 271 | 521 | 526 | 402 | 400 | 41 | 38 |
| Sales volume, condominium | 217 | 429 | 477 | 351 | 350 | 9 | 10 |
| Sales - Median Prices | |||||||
| Median sales price per unit, 1 family building (2018$) | $2,399,040 | $6,261,380 | $7,742,390 | $10,190,710 | $9,842,890 | 4 | 3 |
| Median sales price per unit, 2-4 family building (2018$) | $1,611,860 | $2,107,790 | $1,107,680 | $3,622,800 | $3,935,170 | 2 | 2 |
| Median sales price per unit, 5+ family building (2018$) | $330,700 | $359,310 | $681,650 | $747,860 | $722,320 | 2 | 3 |
| Median sales price per unit, condominium (2018$) | $1,012,100 | $1,563,490 | $1,976,780 | $3,159,120 | $3,225,000 | 1 | 1 |
| Sales - Housing Price Index | |||||||
| Index of housing price appreciation, 1 family building | 100.0 | 169.7 | 218.8 | 283.8 | 329.0 | 1 | 16 |
| Index of housing price appreciation, 2-4 family building | 100.0 | 130.9 | 127.0 | 227.0 | 324.8 | 1 | 22 |
| Index of housing price appreciation, 5+ family building | 100.0 | 246.2 | 253.7 | 438.0 | 555.7 | 1 | 27 |
| Index of housing price appreciation, all property types | 100.0 | 205.9 | 205.9 | 322.2 | 317.1 | 1 | 27 |
| Index of housing price appreciation, condominium | 100.0 | 203.8 | 203.6 | 291.8 | 281.2 | 1 | 34 |
Land Use and Development
| Indicator | 2000 | 2006 | 2010 | 2017 | 2018 | Rank (2010) | Rank (17/18) |
|---|---|---|---|---|---|---|---|
| Density | |||||||
| Population density (1,000 persons per square mile) | 50.8 | 50.0 | 51.4 | 52.4 | 16 | ||
| Development | |||||||
| Units authorized by new residential building permits | 31 | 105 | 112 | 358 | 53 | 20 | |
| Units issued new certificates of occupancy | 19 | 193 | 242 | 256 | 113 | 54 | 42 |
Neighborhood Services and Conditions
| Indicator | 2000 | 2006 | 2010 | 2017 | 2018 | Rank (2010) | Rank (17/18) |
|---|---|---|---|---|---|---|---|
| Commute | |||||||
| Car-free commute (% of commuters) | 85.9% | 84.5% | 88.3% | 88.3% | 90.9% | 3 | 3 |
| Mean travel time to work (minutes) | 24.4 | 26.1 | 24.3 | 26.0 | 25.3 | 55 | 55 |
| Crime and Incarceration | |||||||
| Serious crime rate (per 1,000 residents) | 34.5 | 29.3 | 25.7 | 27.5 | 2 | ||
| Serious crime rate, property (per 1,000 residents) | 29.3 | 25.2 | 21.6 | 23.5 | 2 | ||
| Serious crime rate, violent (per 1,000 residents) | 5.2 | 4.1 | 4.0 | 4.0 | 27 | ||
| Schools | |||||||
| Students performing at grade level in English language arts, 4th grade | 79.0% | 88.5% | 1 | ||||
| Students performing at grade level in math, 4th grade | 83.2% | 87.6% | 1 | ||||
| Services | |||||||
| Residential units within 1/2 mile of a subway station | 100.0% | 1 | |||||
| Residential units within 1/4 mile of a park | 99.6% | 8 | |||||
Renters
| Indicator | 2000 | 2006 | 2010 | 2017 | 2018 | Rank (2010) | Rank (17/18) |
|---|---|---|---|---|---|---|---|
| Median Rent | |||||||
| Median rent, 2- and 3-bedrooms (2018$) | $2,500 | $2,910 | 1 | ||||
| Median rent, all (2018$) | $1,740 | $2,180 | $2,480 | $2,610 | $2,640 | 3 | 1 |
| Median rent, recent movers (2018$) | $2,820 | $2,930 | 1 | ||||
| Median rent, studios and 1-bedrooms (2018$) | $2,280 | $2,600 | 1 | ||||
| Median rent, asking | $3,200 | $3,600 | $3,660 | 3 | |||
| Affordability | |||||||
| Rental units affordable at 30% AMI (% of recently available units) | 1.5% | 1.5% | 45 | ||||
| Rental units affordable at 80% AMI (% of recently available units) | 10.8% | 10.7% | 47 | ||||
| Rental units affordable at 120% AMI (% of recently available units) | 22.3% | 21.3% | 48 | ||||
| Rent Burden | |||||||
| Moderately rent-burdened households | 20.6% | 20.3% | 19.4% | 17.5% | 54 | ||
| Moderately rent-burdened households, low income | 21.7% | 19.9% | 54 | ||||
| Moderately rent-burdened households, moderate income | 36.5% | 42.3% | 4 | ||||
| Severely rent-burdened households | 19.3% | 22.0% | 18.4% | 46 | |||
| Severely rent-burdened households, low income | 60.2% | 65.4% | 1 | ||||
| Severely rent-burdened households, moderate income | 28.0% | 22.8% | 2 | ||||
| Rental Subsidy | |||||||
| Housing choice vouchers (% of occupied, privately owned rental units) | 1.0% | 0.7% | 49 | ||||
| Public housing (% of rental units) | 0.0% | 44 | |||||
| Eviction | |||||||
| Private eviction filings | 1,308 | 733 | 51 | ||||
| Private eviction filings per 1000 private rental units | 41.9 | 23.8 | 55 | ||||
Data Notes: Community districts MN01 and MN02 both fall within sub-borough area 301. Data reported at the sub-borough level are identical. See Indicator Definitions, Rankings, and Methods for more information..
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 2017 heading comes from the 2013– 2017 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.
