New York City Neighborhood Data Profiles

MN03: Lower East Side/Chinatown

Demographics

In 2017, there were about 160,490 people in Lower East Side/Chinatown, 36.1% of the population identified as Asian in 2017, 6.5% identified as black, 23.6% identified as Hispanic, and 31.0% identified as white. Median household income in 2017 was $40,339, about 35% less than citywide median household income ($62,040). The poverty rate in Lower East Side/Chinatown was 27.3% in 2017 compared to 17.9% citywide.

Housing

Real median gross rent in Lower East Side/Chinatown increased from $960 in 2006 to $1,140 in 2017. Median asking rent — rent for units being advertised for lease — in 2017 was $3,000 in Lower East Side/Chinatown, compared to $3,150 in Manhattan and $2,800 citywide. In 2017, 23.1% of renter households in Lower East Side/Chinatown were severely rent burdened (spent more than 50% of household income on rent). The rental vacancy rate in Lower East Side/Chinatown was 3.0%. In 2017, the homeownership rate in Lower East Side/Chinatown was 11.7%. There were 375 property sales in Lower East Side/Chinatown in 2018. Sales prices for all residential property types increased by 5% in Lower East Side/Chinatown 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, 59.3% of 4th grade students attending schools in Lower East Side/Chinatown performed at grade level in math, compared to 54.2% in Manhattan, and 46% citywide; 63.2% of Lower East Side/Chinatown 4th graders performed at grade level in English language arts, compared to 57.6% in Manhattan, and 49% citywide. The serious crime rate was 13.9 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, 137 KB) »

Neighborhood Indicators: MN03 Lower East Side/Chinatown

Demographics

Indicator 2000 2006 2010 2017 2018 Rank (2010) Rank (17/18)
Population
Born in New York State 37.6% 37.2% 39.4% 46
Disabled population 6.2% 5.9% 40
Foreign-born population 40.3% 39.3% 35.2% 36.0% 17 28
Population 166,379 178,669 159,009 160,490
Population aged 65+ 13.4% 13.7% 14.3% 19.5% 17 7
Households
Households with children under 18 years old 22.1% 18.3% 16.3% 16.3% 49 52
Single-person households 47.4% 45.3% 46.4% 5
Race and Ethnicity
Percent Asian 34.8% 34.8% 34.7% 36.1% 2 5
Percent black 7.5% 9.7% 6.4% 6.5% 37 34
Percent Hispanic 27.0% 21.4% 22.9% 23.6% 22 25
Percent white 28.1% 32.4% 33.7% 31.0% 32 24
Racial diversity index 0.72 0.72 0.71 0.71 4 5
Income and Poverty
Income diversity ratio 6.9 6.9 8.5 4
Median household income (2018$) $44,830 $45,750 $48,070 $40,340 42 46
Median household income, homeowners (2018$) $78,320 $104,520 $86,090 33
Median household income, renters (2018$) $42,850 $41,340 $36,550 42
Poverty rate 28.4% 25.1% 22.2% 27.3% 18 9
Poverty rate, population aged 65+ 38.2% 25.2% 33.0% 9
Poverty rate, population under 18 years old 39.3% 30.9% 40.0% 9
Labor Market
Labor force participation rate 60.1% 61.2% 55.0% 52
Population aged 25+ with a bachelor's degree or higher 28.0% 36.3% 41.4% 39.4% 16 17
Population aged 25+ without a high school diploma 28.9% 26.6% 30.7% 6
Unemployment rate 9.42% 7.52% 10.10% 6.28% 27 22

Housing Market and Conditions

Indicator 2000 2006 2010 2017 2018 Rank (2010) Rank (17/18)
Housing Stock
Homeownership rate 12.0% 10.8% 13.6% 11.7% 46 48
Housing units 79,337 77,816 78,557 9
Rental vacancy rate 2.4% 3.0% 26
Serious housing code violations (per 1,000 privately owned rental units) 23.4 24.2 38.0 42.7 27
Severe crowding rate (% of renter households) 4.0% 3.8% 28
Total housing code violations (per 1,000 privately owned rental units) 132.4 109.9 177.8 204.2 31
Finance - Distress
Notices of foreclosure rate (per 1,000 1-4 family and condo properties) 1.5 0.8 3.9 1.9 1.3 56 59
Notices of foreclosure, all residential properties 6 5 24 26 13 57 56
Notices of foreclosure, initial, 1-4 family and condo properties 1 2 10 1 2 59 57
Notices of foreclosure, repeat, 1-4 family and condo properties 1 0 2 6 4 55 57
Pre-foreclosure notice rate (per 1,000 1-4 family and condo properties) 11.4 12.1 53
Pre-foreclosure notices, 1-4 family and condo properties 42 56 57
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% 0.0% 0.0% 43
Higher-cost home purchase loans (% of home purchase loans) 2.2% 0.7% 0.0% 51
Higher-cost refinance loans (% of refinance loans) 11.0% 0.3% 2.3% 16
Home purchase loan rate (per 1,000 properties) 28.6 14.6 13.5 47
Home purchase loans in LMI tracts (% of home purchase loans) 61.6% 3.4% 2.5% 43
Home purchase loans to LMI borrowers (% of home purchase loans) 1.2% 49.0% 31.8% 29
Refinance loan rate (per 1,000 properties) 10.5 18.3 7.2 44
Sales - Volume
Sales volume, 1 family building 1 4 1 0 2 54 55
Sales volume, 2-4 family building 2 4 3 0 4 57 56
Sales volume, 5+ family building 37 85 34 37 43 8 6
Sales volume, all property types 108 370 226 245 375 49 39
Sales volume, condominium 68 277 188 208 326 18 12
Sales - Median Prices
Median sales price per unit, 1 family building (2018$) $1,087,070 $3,670,040 $3,521,850 $5,472,400 5 7
Median sales price per unit, 2-4 family building (2018$) $337,370 $805,090 $710,050 $1,137,500 6 7
Median sales price per unit, 5+ family building (2018$) $90,890 $256,060 $208,280 $482,720 $612,500 16 6
Median sales price per unit, condominium (2018$) $279,520 $945,410 $1,022,470 $1,326,500 $1,588,470 21 6
Sales - Housing Price Index
Index of housing price appreciation, 1 family building 100.0 261.4 427.6 113.2 1 56
Index of housing price appreciation, 2-4 family building 100.0 408.0 313.9 529.6 1 6
Index of housing price appreciation, 5+ family building 100.0 224.8 252.7 818.3 798.8 1 7
Index of housing price appreciation, all property types 100.0 239.9 251.4 403.1 424.2 1 12
Index of housing price appreciation, condominium 100.0 208.3 207.9 322.2 311.4 1 27
Subsidized Housing
Total number of subsidized properties (properties) 308 13
HUD Financing or Insurance (properties) 15 4
HUD Financing or Insurance (units) 1,408 5
HUD Project-based Rental Assistance Program (properties) 27 15
HUD Project-based Rental Assistance Program (units) 3,146 6
Low Income Housing Tax Credit (properties) 48 15
Low Income Housing Tax Credit (units) 3,152 13
Public Housing (properties) 36 5
Public Housing (units) 14,928 4
Mitchell-Lama (properties) 12 3
Mitchell-Lama (units) 3,367 12
421-a Tax Exemption (properties) 64 24
421-a Tax Exemption (units) 2,543 17
420-c Tax Exemption (properties) 63 10
420-c Tax Exemption (units) 2,156 10
NYC Housing Production Programs and Zoning Incentives or Requirements (properties) 104 14
Eligible to expire from housing programs between 2018 and 2023 (properties) 11 11
Eligible to expire from housing programs between 2018 and 2023 (units) 1,097 7
Eligible to expire from housing programs between 2024 and 2033 (properties) 15 16
Eligible to expire from housing programs between 2024 and 2033 (units) 1,257 20
Eligible to expire from housing programs in 2034 and later (properties) 56 9
Eligible to expire from housing programs in 2034 and later (units) 5,600 9

Land Use and Development

Indicator 2000 2006 2010 2017 2018 Rank (2010) Rank (17/18)
Density
Population density (1,000 persons per square mile) 102.4 91.1 92.0 5
Development
Units authorized by new residential building permits 229 1,022 78 461 190 21 28
Units issued new certificates of occupancy 667 640 446 730 916 6 9

Neighborhood Services and Conditions

Indicator 2000 2006 2010 2017 2018 Rank (2010) Rank (17/18)
Commute
Car-free commute (% of commuters) 86.0% 86.1% 90.7% 89.2% 2 3
Mean travel time to work (minutes) 30.9 30.3 29.3 30.7 50 51
Crime and Incarceration
Serious crime rate (per 1,000 residents) 15.0 13.8 14.3 13.9 15
Serious crime rate, property (per 1,000 residents) 10.4 9.4 10.0 10.2 7
Serious crime rate, violent (per 1,000 residents) 4.6 4.3 4.3 3.7 29
Schools
Students performing at grade level in English language arts, 4th grade 56.7% 63.2% 14
Students performing at grade level in math, 4th grade 59.3% 59.3% 16
Services
Residential units within 1/2 mile of a subway station 85.5% 32
Residential units within 1/4 mile of a park 99.8% 3

Renters

Indicator 2000 2006 2010 2017 2018 Rank (2010) Rank (17/18)
Median Rent
Median rent, 2- and 3-bedrooms (2018$) $870 $1,020 52
Median rent, all (2018$) $810 $960 $1,050 $1,140 49 48
Median rent, recent movers (2018$) $2,020 $2,280 8
Median rent, studios and 1-bedrooms (2018$) $1,040 $1,350 13
Median rent, asking $2,500 $3,000 $3,150 7
Affordability
Rental units affordable at 30% AMI (% of recently available units) 4.4% 7.2% 15
Rental units affordable at 80% AMI (% of recently available units) 30.2% 27.3% 37
Rental units affordable at 120% AMI (% of recently available units) 57.2% 41.4% 45
Rent Burden
Moderately rent-burdened households 22.3% 25.6% 28.1% 8
Moderately rent-burdened households, low income 28.3% 29.6% 38
Moderately rent-burdened households, moderate income 25.6% 38.1% 7
Severely rent-burdened households 19.9% 24.3% 23.1% 44 48
Severely rent-burdened households, low income 35.7% 36.1% 52
Severely rent-burdened households, moderate income 10.8% 6.9% 10
Rental Subsidy
Housing choice vouchers (% of occupied, privately owned rental units) 3.3% 2.6% 33
Public housing (% of rental units) 24.0% 8

Data Notes: 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.