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Sunset Park BK07

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DEMOGRAPHICS

In 2019, there were an estimated 130,783 people in Sunset Park, of which 34.8% of the population identified as Asian, 3.9% identified as Black, 35.6% identified as Hispanic, and 23.7% identified as white.

Graph showing the racial and ethnic composition of Sunset Park in both 2000 and 2015-2019.
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In 2019, the household income group with the largest share (23.7%) of households is $100,001 - $250,000. In 2000, the household income group had the largest share (22.1%) of households is $60,001 - $100,000.

Graph showing the distribution of household income in Sunset Park in both 2000 and 2015-2019.
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Median household income in 2019 was $69,030, about 2% less than citywide median household income ($70,590). The poverty rate in Sunset Park was 18.1% in 2019 compared to 16.0% citywide.

The poverty rate in Sunset Park was 18.1% in 2019 compared to 16.0% citywide.
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HOUSING

Renters

Real median gross rent in Sunset Park increased from $1,250 in 2006 to $1,570 in 2019. In 2019, 30.2% of renter households in Sunset Park were severely rent burdened (spent more than 50% of household income on rent). 61.0% of the rental units are affordable at the 80% Area Median Income, 6 percentage points lower than the share in 2010. None of the rental units are public housing rental units in 2020. The overall rental vacancy rate in Sunset Park was 2.4%.

Real median gross rent in Sunset Park increased from $1,230 in 2007 to $1,570 in 2019.
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None of the rental units in Sunset Park are public housing rental units in 2020.
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Homeowners

In 2019, the homeownership rate in Sunset Park was 30.7%, lower than the citywide share of 31.9%. The homeownership rate in the neighborhood has increased by 3.9 percentage points since 2010. In 2019, the home purchase loan rate was 18.6 per 1,000 properties (owner-occupied 1-4 family buildings, condominiums, or cooperative apartments) and the refinance loan rate was 17.0 per 1,000 properties in the neighborhood. Out of all the first-time home purchase loans and refinance loans in Sunset Park, 4.0% and 3.2% were high cost loans, respectively. 23 properties had a filing of mortgage foreclosure in Sunset Park in 2020. There were 1.8 mortgage foreclosure actions initiated per 1,000 1-4 family properties and condominium units.

There were 1.8 mortgage foreclosure notices per 1,000 1-4 family properties and condominium units in Sunset Park in 2020
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Development

Department of Buildings issued new certificates of occupancy to 450 residential units in new buildings in Sunset Park last year, 366 more than the number of units certified in 2019.

Department of Buildings issued new certificates of occupancy to 163 residential units in new buildings in Sunset Park last year, 160 less than the number of units certified in 2019.
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NEIGHBORHOOD SERVICES AND CONDITIONS

The serious crime rate was 8.5 serious crimes per 1,000 residents in 2020, compared to 11.6 serious crimes per 1,000 residents citywide.

The serious crime rate was 8.5 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: BK07 Sunset Park

Demographics

Indicator 2000 2006 2010 2019 2020 Rank (2000) Rank (19/20)
Population
Born in New York State 40.8% 35.4% 40.1% 46
Disabled population 5.2% 4.0% 51
Foreign-born population 46.4% 46.9% 51.6% 46.0% 13 12
Population 139,269 153,066 141,190 130,783
Population aged 65+ 9.1% 8.8% 8.3% 12.2% 42 42
Households
Households with children under 18 years old 42.4% 40.5% 37.8% 37.0% 16 6
Single-person households 20.4% 24.1% 19.9% 49
Race and Ethnicity
Percent Asian 21.8% 25.0% 33.5% 34.8% 8 6
Percent Black 3.4% 2.9% 2.0% 3.9% 42 42
Percent Hispanic 47.9% 47.8% 38.8% 35.6% 12 17
Percent white 23.0% 23.3% 23.9% 23.7% 33 34
Racial diversity index 0.67 0.65 0.68 0.69 11 9
Income and Poverty
Income diversity ratio 5.0 5.0 5.8 20
Median household income (2020$) $53,070 $60,080 $47,460 $69,030 35 26
Median household income, homeowners (2020$) $84,550 $77,550 $109,040 18
Median household income, renters (2020$) $46,860 $41,560 $58,050 25
Poverty rate 26.3% 20.8% 26.7% 18.1% 20 18
Poverty rate, population aged 65+ 25.2% 34.0% 22.8% 19
Poverty rate, population under 18 years old 28.0% 33.4% 23.4% 21
Labor Market
Labor force participation rate 63.5% 67.5% 64.3% 25
Population aged 25+ without a high school diploma 36.7% 40.7% 31.0% 3
Unemployment rate 8.31% 4.40% 12.87% 3.33% 30 48

Housing Market and Conditions

Indicator 2000 2006 2010 2019 2020 Rank (2000) Rank (19/20)
Housing Stock
Homeownership rate 25.2% 31.7% 26.8% 30.7% 31 28
Housing units 48,234 49,678 45,983 51
Rental vacancy rate 2.4% 2.4% 41
Serious housing code violations (per 1,000 privately owned rental units) 60.4 46.7 80.6 78.5 21
Severe crowding rate (% of renter households) 8.2% 8.9% 4
Total housing code violations (per 1,000 privately owned rental units) 309.1 200.9 280.9 246.6 21
Finance - Distress
Notices of foreclosure rate (per 1,000 1-4 family and condo properties) 5.9 5.8 8.3 4.2 1.8 33 37
Notices of foreclosure, all residential properties 73 66 102 50 23 29 37
Notices of foreclosure, initial, 1-4 family and condo properties 46 47 69 27 8 28 36
Notices of foreclosure, repeat, 1-4 family and condo properties 10 10 21 20 12 32 34
Pre-foreclosure notice rate (per 1,000 1-4 family and condo properties) 21.7 13.6 39
Pre-foreclosure notices, 1-4 family and condo properties 243 155 34
Properties entering REO, 1-4 family 7 1 1 20
Finance - Lending
FHA/VA-backed home purchase loans (% of home purchase loans) 0.0% 3.9% 0.0% 45
Higher-cost home purchase loans (% of home purchase loans) 12.7% 1.2% 4.0% 28
Higher-cost refinance loans (% of refinance loans) 28.1% 2.9% 3.2% 27
Home purchase loan rate (per 1,000 properties) 40.3 22.8 18.6 29
Home purchase loans in LMI tracts (% of home purchase loans) 64.9% 11.7% 42.3% 22
Home purchase loans to LMI borrowers (% of home purchase loans) 2.1% 57.5% 2.8% 44
Refinance loan rate (per 1,000 properties) 35.8 19.0 17.0 25
Sales - Volume
Sales volume, 1 family building 36 61 28 28 24 34 31
Sales volume, 2-4 family building 368 352 155 127 106 16 25
Sales volume, 5+ family building 29 60 33 24 23 13 5
Sales volume, all property types 443 545 361 272 300 29 30
Sales volume, condominium 10 72 145 93 147 40 19
Sales - Median Prices
Median sales price per unit, 1 family building (2020$) $372,060 $788,380 $784,050 $1,545,990 $1,142,500 23 14
Median sales price per unit, 2-4 family building (2020$) $193,780 $400,600 $411,110 $661,110 $650,000 28 14
Median sales price per unit, 5+ family building (2020$) $71,050 $161,880 $130,680 $273,350 $239,670 30 20
Median sales price per unit, condominium (2020$) $286,800 $574,020 $434,730 $719,780 $715,000 22 18
Sales - Housing Price Index
Index of housing price appreciation, 1 family building 100.0 308.3 368.4 596.2 650.6 3
Index of housing price appreciation, 2-4 family building 100.0 242.8 235.2 472.9 465.8 7
Index of housing price appreciation, 5+ family building 100.0 249.0 195.5 434.5 406.9 29
Index of housing price appreciation, all property types 100.0 248.8 243.8 431.4 464.9 5
Index of housing price appreciation, condominium 100.0 252.2 245.5 406.4 443.8 8
Subsidized Housing
Total number of subsidized properties (properties) 107 24
HUD Financing or Insurance (properties) 15 3
HUD Financing or Insurance (units) 422 25
HUD Project-based Rental Assistance Program (properties) 37 8
HUD Project-based Rental Assistance Program (units) 838 25
Low Income Housing Tax Credit (properties) 2 46
Low Income Housing Tax Credit (units) 250 47
Public Housing (properties) 0 42
Public Housing (units) 0 42
Mitchell-Lama (properties) 0 44
Mitchell-Lama (units) 0 43
421-a Tax Exemption (properties) 154 7
421-a Tax Exemption (units) 2,289 23
420-c Tax Exemption (properties) 5 34
420-c Tax Exemption (units) 290 39
NYC Housing Production Programs and Zoning Incentives or Requirements (properties) 48 24
Eligible to expire from housing programs between 2020 and 2025 (properties) 1 39
Eligible to expire from housing programs between 2020 and 2025 (units) 0 46
Eligible to expire from housing programs between 2026 and 2035 (properties) 0 51
Eligible to expire from housing programs between 2026 and 2035 (units) 0 51
Eligible to expire from housing programs in 2036 and later (properties) 37 14
Eligible to expire from housing programs in 2036 and later (units) 887 34

Land Use and Development

Indicator 2000 2006 2010 2019 2020 Rank (2000) Rank (19/20)
Density
Population density (1,000 persons per square mile) 38.1 35.2 32.6 33
Development
Units authorized by new residential building permits 81 451 21 235 142 46 37
Units issued new certificates of occupancy 55 130 85 84 450 43 17

Neighborhood Services and Conditions

Indicator 2000 2006 2010 2019 2020 Rank (2000) Rank (19/20)
Commute
Car-free commute (% of commuters) 72.8% 75.2% 79.0% 76.9% 23 28
Mean travel time to work (minutes) 40.6 41.5 47.0 43.6 34 31
Crime and Incarceration
Serious crime rate (per 1,000 residents) 11.7 9.3 9.3 8.5 41
Serious crime rate, property (per 1,000 residents) 8.0 5.8 5.9 5.4 42
Serious crime rate, violent (per 1,000 residents) 3.7 3.5 3.4 3.1 38
Schools
Students performing at grade level in English language arts, 4th grade 52.6% 30
Students performing at grade level in math, 4th grade 54.1% 27

Renters

Indicator 2000 2006 2010 2019 2020 Rank (2000) Rank (19/20)
Median Rent
Median rent, 2- and 3-bedrooms (2020$) $1,360 $1,530 28
Median rent, all (2020$) $1,100 $1,250 $1,360 $1,570 26 25
Median rent, recent movers (2020$) $1,400 $1,730 24
Median rent, studios and 1-bedrooms (2020$) $1,090 $1,290 25
Median rent, asking $1,600
Affordability
Rental units affordable at 30% AMI (% of recently available units) 6.4% 4.7% 31
Rental units affordable at 80% AMI (% of recently available units) 66.6% 61.0% 24
Rental units affordable at 120% AMI (% of recently available units) 97.6% 94.3% 25
Rent Burden
Moderately rent-burdened households 20.8% 24.9% 25.0% 27
Moderately rent-burdened households, low income 28.7% 32.3% 20
Moderately rent-burdened households, moderate income 18.1% 12.1% 28
Severely rent-burdened households 26.4% 31.6% 30.2% 14 23
Severely rent-burdened households, low income 47.4% 45.6% 20
Severely rent-burdened households, moderate income 0.0% 0.3% 26
Rental Subsidy
Housing choice vouchers (% of occupied, privately owned rental units) 3.3% 2.8% 33
Public housing (% of rental units) 0.0% 43

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