Sunset Park Neighborhood Profile

Neighborhood Indicators

Demographics

Indicator	2000	2006	2010	2019	2021
Population
Born in New York State		40.8%	35.4%	40.1%	45.3%
Disabled population			5.2%	4.0%	7.1%
Foreign-born population	46.4%	46.9%	51.6%	46.0%	40.7%
Population	139,269	153,066	141,190	130,783	134,945
Population aged 65+	9.1%	8.8%	8.3%	12.2%	11.4%
Households
Households with children under 18 years old	42.4%	40.5%	37.8%	37.0%	39.3%
Single-person households		20.4%	24.1%	19.9%	25.8%
Race and Ethnicity
Percent Asian	21.8%	25.0%	33.5%	34.8%	26.7%
Percent Black	3.4%	2.9%	2.0%	3.9%	3.8%
Percent Hispanic	47.9%	47.8%	38.8%	35.6%	37.7%
Percent white	23.0%	23.3%	23.9%	23.7%	27.5%
Racial diversity index	0.67	0.65	0.68	0.69	0.71
Income and Poverty
Income diversity ratio		5.0	5.0	5.8	6.0
Median household income (2022$)	$58,170	$65,860	$52,020	$75,670	$62,430
Median household income, homeowners (2022$)		$92,690	$85,010	$119,530	$87,390
Median household income, renters (2022$)		$51,360	$45,560	$63,630	$57,390
Poverty rate	26.3%	20.8%	26.7%	18.1%	22.9%
Poverty rate, population aged 65+		25.2%	34.0%	22.8%	26.8%
Poverty rate, population under 18 years old		28.0%	33.4%	23.4%	24.5%
Labor Market
Labor force participation rate		63.5%	67.5%	64.3%	64.6%
Population aged 25+ without a high school diploma		36.7%	40.7%	31.0%	32.1%
Unemployment rate	8.31%	4.40%	12.87%	3.33%	12.06%

Housing Market and Conditions

Indicator	2000	2006	2010	2019	2021	2022
Housing Stock
Homeownership rate	25.2%	31.7%	26.8%	30.7%	30.4%
Housing units		48,234	49,678	45,983	47,915
Rental vacancy rate			2.4%	2.4%	3.3%
Serious housing code violations (per 1,000 privately owned rental units)		60.4	46.7	80.6	86.6	75.2
Severe crowding rate (% of renter households)			8.2%	8.9%	7.0%
Total housing code violations (per 1,000 privately owned rental units)		309.1	200.9	280.9	398.5	328.2
Finance - Distress
Notices of foreclosure rate (per 1,000 1-4 family and condo properties)	5.9	5.8	8.3	4.2	2.1	3.4
Notices of foreclosure, all residential properties	73	66	102	50	31	48
Notices of foreclosure, initial, 1-4 family and condo properties	46	47	69	27	7	10
Notices of foreclosure, repeat, 1-4 family and condo properties	10	10	21	20	17	29
Pre-foreclosure notice rate (per 1,000 1-4 family and condo properties)				21.7	10.0	19.1
Pre-foreclosure notices, 1-4 family and condo properties				243	115	219
Properties entering REO, 1-4 family	7	1	1
Finance - Lending
FHA/VA-backed home purchase loans (% of home purchase loans)		0.0%	3.9%	0.0%	0.4%
Higher-cost home purchase loans (% of home purchase loans)		12.7%	1.2%	4.0%	5.6%
Higher-cost refinance loans (% of refinance loans)		28.1%	2.9%	3.2%	1.6%
Home purchase loan rate (per 1,000 properties)		40.3	22.8	18.6	34.0
Home purchase loans in LMI tracts (% of home purchase loans)		64.9%	11.7%	42.3%	43.6%
Home purchase loans to LMI borrowers (% of home purchase loans)		2.1%	57.5%	2.8%	6.7%
Refinance loan rate (per 1,000 properties)		35.8	19.0	17.0	42.7
Sales - Volume
Sales volume, 1 family building	36	61	28	28	35	39
Sales volume, 2-4 family building	368	352	155	127	108	200
Sales volume, 5+ family building	29	60	33	24	38	40
Sales volume, condominium	10	72	145	92	199	142
Sales volume, all property types	443	545	361	271	380	421
Sales - Median Prices
Median sales price per unit, 1 family building (2022$)	$407,860	$864,240	$859,490	$1,694,740	$1,644,590	$1,686,000
Median sales price per unit, 2-4 family building (2022$)	$212,430	$439,140	$450,670	$724,720	$676,400	$662,500
Median sales price per unit, 5+ family building (2022$)	$77,890	$177,450	$143,250	$299,640	$244,300	$245,830
Median sales price per unit, condominium (2022$)	$314,390	$629,250	$476,560	$790,890	$875,350	$712,500
Sales - Housing Price Index
Index of housing price appreciation, 1 family building	100.0	247.1	265.3	552.5	586.7	613.6
Index of housing price appreciation, 2-4 family building	100.0	248.6	263.9	509.1	514.7	534.5
Index of housing price appreciation, 5+ family building	100.0	200.4	177.3	369.6	394.9	515.1
Index of housing price appreciation, condominium	100.0	239.3	241.5	411.3	436.7	437.8
Index of housing price appreciation, all property types	100.0	245.8	256.8	471.1	491.7	514.1
Subsidized Housing
Total number of subsidized properties (properties)						143
HUD Financing or Insurance (properties)						35
HUD Financing or Insurance (units)						637
HUD Project-based Rental Assistance Program (properties)						38
HUD Project-based Rental Assistance Program (units)						918
Low Income Housing Tax Credit (properties)						2
Low Income Housing Tax Credit (units)						250
Public Housing (properties)						0
Public Housing (units)						0
Mitchell-Lama (properties)						0
Mitchell-Lama (units)						0
421-a Tax Exemption (properties)						158
421-a Tax Exemption (units)						2,508
420-c Tax Exemption (properties)						6
420-c Tax Exemption (units)						390
NYC Housing Production Programs and Zoning Incentives or Requirements (properties)						56
Eligible to expire from housing programs between 2023 and 2028 (properties)						2
Eligible to expire from housing programs between 2023 and 2028 (units)						80
Eligible to expire from housing programs between 2029 and 2038 (properties)						2
Eligible to expire from housing programs between 2029 and 2038 (units)						250
Eligible to expire from housing programs in 2039 and later (properties)						35
Eligible to expire from housing programs in 2039 and later (units)						637

Land Use and Development

Indicator	2000	2006	2010	2019	2021	2022
Density
Population density (1,000 persons per square mile)		38.1	35.2	32.6	33.6
Development
Units authorized by new residential building permits	81	0	21	226	139	996
Units issued new certificates of occupancy	55	130	85	84	105	198

Neighborhood Services and Conditions

Indicator	2000	2006	2010	2019	2021	2022
Commute
Car-free commute (% of commuters)	72.8%	75.2%	79.0%	76.9%	71.5%
Mean travel time to work (minutes)	40.6	41.5	47.0	43.6	41.3
Crime and Incarceration
Serious crime rate (per 1,000 residents)		11.7	9.3	9.3	9.6	12.4
Serious crime rate, property (per 1,000 residents)		8.0	5.8	5.9	6.6	8.7
Serious crime rate, violent (per 1,000 residents)		3.7	3.5	3.4	2.9	3.7
Schools
Students performing at grade level in English language arts, 4th grade				52.6%		47.3%
Students performing at grade level in math, 4th grade				54.1%		45.0%

Renters

Indicator	2000	2006	2010	2019	2021	2022
Median Rent
Median rent, 2- and 3-bedrooms (2022$)			$1,490	$1,670	$1,750
Median rent, all (2022$)	$1,200	$1,370	$1,490	$1,730	$1,720
Median rent, recent movers (2022$)			$1,540	$1,900	$2,000
Median rent, studios and 1-bedrooms (2022$)			$1,190	$1,420	$1,620
Change in collected rent (2019-2020)					2.0%
Affordability
Rental units affordable at 30% AMI (% of recently available units)			6.4%	4.7%	5.5%
Rental units affordable at 80% AMI (% of recently available units)			66.6%	61.0%	59.5%
Rental units affordable at 120% AMI (% of recently available units)			97.6%	94.3%	93.0%
Rent Burden
Moderately rent-burdened households		20.8%	24.9%	25.0%	25.9%
Moderately rent-burdened households, low income			28.7%	32.3%	32.4%
Moderately rent-burdened households, moderate income			18.1%	12.1%	15.6%
Severely rent-burdened households	26.4%		31.6%	30.2%	28.7%
Severely rent-burdened households, low income			47.4%	45.6%	45.5%
Severely rent-burdened households, moderate income			0.0%	0.3%	0.0%
Rental Subsidy
Housing choice vouchers (% of occupied, privately owned rental units)			3.3%	2.8%
Public housing (% of rental units)						0.0%

DEMOGRAPHICS

In 2021, there were an estimated 134,945 people in Sunset Park, of which 26.7% identified as Asian, 3.8% identified as Black, 37.7% identified as Hispanic, and 27.5% identified as white.

Graph showing the racial and ethnic composition of Sunset Park in both 2000 and 2017-2021.

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In 2021, the household income group with the largest share (28.4%) of households was $100,001 - $250,000. In 2000, the household income group with the largest share (22.7%) of households was $60,001 - $100,000.

Graph showing the distribution of household income in Sunset Park in both 2000 and 2017-2021.

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Median household income in 2021 was $62,430, about 13% less than citywide median household income ($72,150). The poverty rate in Sunset Park was 22.9% in 2021 compared to 18.0% citywide.

The poverty rate in Sunset Park was 22.9% 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 Sunset Park in both 2010 and 2017-2021.

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HOUSING

Renters

Real median gross rent in Sunset Park increased from $1,370 in 2006 to $1,720 in 2021. This represents a 25.5% increase over the same period. As of 2021, the change in median gross rent outpaced the change in median household income by 13.8 percentage points. In 2021, 28.7% of renter households in Sunset Park were severely rent burdened (spent more than 50% of household income on rent). 59.5% of the rental units were affordable at 80% Area Median Income, 7 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 Sunset Park was 3.3% in 2021.

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Graph showing the change in real median gross rent and median renter household income in Sunset Park from 2006 to 2021.

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None of the rental units in Sunset Park are public housing rental units in 2022.

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Homeowners

In 2021, the homeownership rate in Sunset Park was 30.4%, which is lower than the citywide share of 33.3%. The homeownership rate in the neighborhood has increased by 3.6 percentage points since 2010. In 2021, the home purchase loan rate was 34.0 per 1,000 properties (owner-occupied 1-4 family buildings, condominiums, or cooperative apartments) and the refinance loan rate was 42.7 per 1,000 properties in the neighborhood. Out of all the first-time home purchase loans and refinance loans in Sunset Park, 5.6% and 1.6% were high cost loans, respectively. 48 properties had a filing of mortgage foreclosure in Sunset Park in 2022. There were 3.4 mortgage foreclosure actions initiated per 1,000 1-4 family properties and condominium units.

There were 3.4 mortgage foreclosure notices per 1,000 1-4 family properties and condominium units in Sunset Park in 2022

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Development

The Department of Buildings issued new certificates of occupancy to 198 residential units in new buildings in Sunset Park in 2022, 93 more than the number of units certified in 2021.

Department of Buildings issued new certificates of occupancy to 198 residential units in new buildings in Sunset Park last year, the same as the number of units certified in 2022.

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Over the last decade, 1,704 units in 4+ unit buildings were built in Sunset Park. 90% were market rate, compared to 9% 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 12.4 serious crimes per 1,000 residents in 2022, compared to 14.2 serious crimes per 1,000 residents citywide.

The serious crime rate was 12.4 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 .