Throgs Neck/Co-op City Neighborhood Profile

Neighborhood Indicators

Demographics

Indicator	2000	2006	2010	2019	2021
Population
Born in New York State		71.8%	64.7%	63.4%	65.2%
Disabled population			8.6%	16.0%	11.0%
Foreign-born population	15.8%	16.7%	20.8%	24.3%	22.4%
Population	111,661	114,081	109,482	110,883	124,141
Population aged 65+	18.5%	19.9%	21.3%	23.9%	21.5%
Households
Households with children under 18 years old	29.4%	24.8%	24.9%	21.9%	24.5%
Single-person households		34.9%	36.1%	40.4%	31.6%
Race and Ethnicity
Percent Asian	1.7%	2.5%	2.0%	3.8%	3.6%
Percent Black	24.0%	23.2%	27.5%	22.0%	27.9%
Percent Hispanic	23.4%	25.4%	31.1%	43.9%	40.7%
Percent white	48.9%	47.2%	37.7%	27.8%	25.5%
Racial diversity index	0.65	0.66	0.69	0.68	0.69
Income and Poverty
Income diversity ratio		4.7	4.8	5.1	4.3
Median household income (2022$)	$77,270	$72,760	$60,810	$68,040	$60,490
Median household income, homeowners (2022$)		$87,950	$73,340	$86,010	$73,820
Median household income, renters (2022$)		$57,720	$53,770	$51,380	$52,600
Poverty rate	10.1%	9.9%	16.4%	12.9%	14.0%
Poverty rate, population aged 65+		9.1%	10.0%	16.0%	10.7%
Poverty rate, population under 18 years old		12.0%	37.4%	13.6%	16.6%
Labor Market
Labor force participation rate		57.1%	59.1%	55.7%	57.9%
Population aged 25+ without a high school diploma		18.7%	19.6%	20.1%	10.5%
Unemployment rate	6.39%	9.17%	10.74%	4.50%	9.50%

Housing Market and Conditions

Indicator	2000	2006	2010	2019	2021	2022
Housing Stock
Homeownership rate	45.5%	57.3%	41.5%	46.7%	42.3%
Housing units		46,355	48,438	48,074	52,651
Rental vacancy rate			1.8%	1.4%	1.3%
Serious housing code violations (per 1,000 privately owned rental units)		18.0	27.5	66.1	72.7	85.6
Severe crowding rate (% of renter households)			1.2%	2.5%	1.9%
Total housing code violations (per 1,000 privately owned rental units)		102.6	132.7	248.8	354.3	351.5
Finance - Distress
Notices of foreclosure rate (per 1,000 1-4 family and condo properties)	4.8	8.3	18.3	8.3	4.1	6.2
Notices of foreclosure, all residential properties	62	116	249	115	57	87
Notices of foreclosure, initial, 1-4 family and condo properties	48	87	200	55	21	31
Notices of foreclosure, repeat, 1-4 family and condo properties	12	24	47	58	35	54
Pre-foreclosure notice rate (per 1,000 1-4 family and condo properties)				55.3	22.7	50.9
Pre-foreclosure notices, 1-4 family and condo properties				754	310	693
Properties entering REO, 1-4 family	6	3	18
Finance - Lending
FHA/VA-backed home purchase loans (% of home purchase loans)		0.3%	34.2%	24.0%	24.4%
Higher-cost home purchase loans (% of home purchase loans)		21.2%	0.0%	10.3%	5.8%
Higher-cost refinance loans (% of refinance loans)		30.8%	2.1%	2.7%	0.7%
Home purchase loan rate (per 1,000 properties)		29.7	12.5	14.6	17.7
Home purchase loans in LMI tracts (% of home purchase loans)		2.6%	21.4%	11.4%	8.4%
Home purchase loans to LMI borrowers (% of home purchase loans)		19.2%	1.5%	14.6%	11.2%
Refinance loan rate (per 1,000 properties)		26.5	9.0	10.9	26.8
Sales - Volume
Sales volume, 1 family building	195	273	120	183	235	235
Sales volume, 2-4 family building	174	365	131	195	217	297
Sales volume, 5+ family building	5	18	7	5	9	14
Sales volume, condominium	18	84	19	60	48	49
Sales volume, all property types	392	740	277	443	509	595
Sales - Median Prices
Median sales price per unit, 1 family building (2022$)	$373,870	$632,370	$502,170	$585,350	$626,010	$632,000
Median sales price per unit, 2-4 family building (2022$)	$203,930	$368,880	$276,840	$345,640	$395,230	$365,000
Median sales price per unit, 5+ family building (2022$)	$80,920	$156,920	$102,270	$234,140	$175,830	$161,190
Median sales price per unit, condominium (2022$)	$322,890	$646,420	$389,500	$467,720	$490,720	$492,500
Sales - Housing Price Index
Index of housing price appreciation, 1 family building	100.0	210.6	173.7	235.7	271.2	279.9
Index of housing price appreciation, 2-4 family building	100.0	192.1	160.6	232.6	261.4	285.2
Index of housing price appreciation, 5+ family building	100.0	214.7	183.1	480.8	400.1	342.0
Index of housing price appreciation, condominium	100.0	183.8	116.0	159.8	196.6	199.0
Index of housing price appreciation, all property types	100.0	202.0	165.3	227.1	260.5	274.4
Subsidized Housing
Total number of subsidized properties (properties)						42
HUD Financing or Insurance (properties)						2
HUD Financing or Insurance (units)						180
HUD Project-based Rental Assistance Program (properties)						4
HUD Project-based Rental Assistance Program (units)						201
Low Income Housing Tax Credit (properties)						5
Low Income Housing Tax Credit (units)						381
Public Housing (properties)						8
Public Housing (units)						2,205
Mitchell-Lama (properties)						4
Mitchell-Lama (units)						15,650
421-a Tax Exemption (properties)						57
421-a Tax Exemption (units)						667
420-c Tax Exemption (properties)						3
420-c Tax Exemption (units)						423
NYC Housing Production Programs and Zoning Incentives or Requirements (properties)						15
Eligible to expire from housing programs between 2023 and 2028 (properties)						3
Eligible to expire from housing programs between 2023 and 2028 (units)						201
Eligible to expire from housing programs between 2029 and 2038 (properties)						1
Eligible to expire from housing programs between 2029 and 2038 (units)						0
Eligible to expire from housing programs in 2039 and later (properties)						5
Eligible to expire from housing programs in 2039 and later (units)						381

Land Use and Development

Indicator	2000	2006	2010	2019	2021	2022
Density
Population density (1,000 persons per square mile)		12.3	11.8	11.9	13.4
Development
Units authorized by new residential building permits	236	0	20	69	19	204
Units issued new certificates of occupancy	88	318	126	54	70	25

Neighborhood Services and Conditions

Indicator	2000	2006	2010	2019	2021	2022
Commute
Car-free commute (% of commuters)	42.9%	43.6%	45.8%	48.5%	56.3%
Mean travel time to work (minutes)	41.6	40.4	41.4	43.7	44.7
Crime and Incarceration
Serious crime rate (per 1,000 residents)		12.3	11.7	9.4	10.1	11.5
Serious crime rate, property (per 1,000 residents)		9.0	8.2	6.2	7.1	7.8
Serious crime rate, violent (per 1,000 residents)		3.2	3.5	3.2	3.1	3.7
Schools
Students performing at grade level in English language arts, 4th grade				52.5%		38.8%
Students performing at grade level in math, 4th grade				45.7%		32.0%

Renters

Indicator	2000	2006	2010	2019	2021	2022
Median Rent
Median rent, 2- and 3-bedrooms (2022$)			$1,430	$1,560	$1,630
Median rent, all (2022$)	$1,120	$1,240	$1,330	$1,350	$1,430
Median rent, recent movers (2022$)			$1,580	$1,750	$1,830
Median rent, studios and 1-bedrooms (2022$)			$1,110	$1,010	$1,100
Change in collected rent (2019-2020)					3.0%
Affordability
Rental units affordable at 30% AMI (% of recently available units)
Rental units affordable at 80% AMI (% of recently available units)
Rental units affordable at 120% AMI (% of recently available units)
Rent Burden
Moderately rent-burdened households		12.8%	16.4%	31.2%	25.5%
Moderately rent-burdened households, low income			27.0%	28.6%	30.3%
Moderately rent-burdened households, moderate income			9.1%	4.5%	3.5%
Severely rent-burdened households	18.8%		23.7%	25.9%	24.7%
Severely rent-burdened households, low income			39.5%	41.9%	35.9%
Severely rent-burdened households, moderate income			0.0%	0.0%	0.5%
Rental Subsidy
Housing choice vouchers (% of occupied, privately owned rental units)			3.7%	4.3%
Public housing (% of rental units)						11.0%

DEMOGRAPHICS

In 2021, there were an estimated 124,141 people in Throgs Neck/Co-op City, of which 3.6% identified as Asian, 27.9% identified as Black, 40.7% identified as Hispanic, and 25.5% identified as white.

Graph showing the racial and ethnic composition of Throgs Neck/Co-op City in both 2000 and 2017-2021.

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In 2021, the household income group with the largest share (29.1%) of households was $100,001 - $250,000. In 2000, the same household income group had the largest share as well, with a slightly higher share of 32.3%.

Graph showing the distribution of household income in Throgs Neck/Co-op City in both 2000 and 2017-2021.

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Median household income in 2021 was $60,490, about 16% less than citywide median household income ($72,150). The poverty rate in Throgs Neck/Co-op City was 14.0% in 2021 compared to 18.0% citywide.

The poverty rate in Throgs Neck/Co-op City was 14.0% 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 Throgs Neck/Co-op City in both 2010 and 2017-2021.

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HOUSING

Renters

Real median gross rent in Throgs Neck/Co-op City increased from $1,240 in 2006 to $1,430 in 2021. This represents a 15.3% increase over the same period. As of 2021, the change in median gross rent outpaced the change in median household income by 24.2 percentage points. In 2021, 24.7% of renter households in Throgs Neck/Co-op City were severely rent burdened (spent more than 50% of household income on rent). 11.0% of the rental units were public housing rental units, as of 2022. The overall rental vacancy rate in Throgs Neck/Co-op City was 1.3% in 2021.

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Graph showing the change in real median gross rent and median renter household income in Throgs Neck/Co-op City from 2006 to 2021.

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11.0% of the rental units in Throgs Neck/Co-op City are public housing rental units in 2022.

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Homeowners

In 2021, the homeownership rate in Throgs Neck/Co-op City was 42.3%, which is higher than the citywide share of 33.3%. The homeownership rate in the neighborhood has increased by 0.8 percentage points since 2010. In 2021, the home purchase loan rate was 17.7 per 1,000 properties (owner-occupied 1-4 family buildings, condominiums, or cooperative apartments) and the refinance loan rate was 26.8 per 1,000 properties in the neighborhood. Out of all the first-time home purchase loans and refinance loans in Throgs Neck/Co-op City, 5.8% and 0.7% were high cost loans, respectively. 87 properties had a filing of mortgage foreclosure in Throgs Neck/Co-op City in 2022. There were 6.2 mortgage foreclosure actions initiated per 1,000 1-4 family properties and condominium units.

There were 6.2 mortgage foreclosure notices per 1,000 1-4 family properties and condominium units in Throgs Neck/Co-op City in 2022

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Development

The Department of Buildings issued new certificates of occupancy to 25 residential units in new buildings in Throgs Neck/Co-op City in 2022, 45 fewer than the number of units certified in 2021.

Department of Buildings issued new certificates of occupancy to 25 residential units in new buildings in Throgs Neck/Co-op City last year, the same as the number of units certified in 2022.

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Over the last decade, 651 units in 4+ unit buildings were built in Throgs Neck/Co-op City. 63% were market rate, compared to 35% 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 11.5 serious crimes per 1,000 residents in 2022, compared to 14.2 serious crimes per 1,000 residents citywide.

The serious crime rate was 11.5 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 .