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Upper East Side MN08

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Neighborhood Indicators

Demographics

Indicator 2000 2006 2010 2019 2020 2021
Population
Born in New York State 50.4% 48.0% 46.5%
Disabled population 4.9% 2.4%
Foreign-born population 21.5% 20.5% 21.1% 25.1%
Population 217,063 214,459 218,842 216,874
Population aged 65+ 14.2% 14.3% 17.6% 21.4%
Households
Households with children under 18 years old 13.3% 17.2% 16.2% 19.1%
Single-person households 52.8% 49.0% 45.3%
Race and Ethnicity
Percent Asian 6.3% 7.2% 9.2% 13.1%
Percent Black 3.2% 3.7% 3.0% 2.3%
Percent Hispanic 6.0% 6.4% 8.2% 9.1%
Percent white 82.6% 81.4% 77.6% 72.5%
Racial diversity index 0.31 0.33 0.38 0.45
Income and Poverty
Income diversity ratio 5.5 6.0 5.6
Median household income (2021$) $123,860 $127,470 $115,870 $141,090
Median household income, homeowners (2021$) $205,170 $197,310 $232,790
Median household income, renters (2021$) $94,960 $92,370 $126,440
Poverty rate 6.5% 4.8% 6.8% 5.8%
Poverty rate, population aged 65+ 6.8% 10.0% 4.7%
Poverty rate, population under 18 years old 2.5% 2.4% 2.9%
Labor Market
Labor force participation rate 72.6% 71.1% 67.7%
Population aged 25+ without a high school diploma 4.5% 3.1% 2.4%
Unemployment rate 3.71% 3.51% 5.97% 1.98%

Housing Market and Conditions

Indicator 2000 2006 2010 2019 2020 2021
Housing Stock
Homeownership rate 30.7% 37.3% 32.7% 35.7%
Housing units 140,164 139,749 132,933
Rental vacancy rate 5.2% 6.2%
Serious housing code violations (per 1,000 privately owned rental units) 9.9 12.1 20.5 11.9 22.0
Severe crowding rate (% of renter households) 2.0% 2.8%
Total housing code violations (per 1,000 privately owned rental units) 58.2 67.4 76.6 42.8 104.0
Finance - Distress
Notices of foreclosure rate (per 1,000 1-4 family and condo properties) 2.1 1.6 7.5 1.6 1.2 0.9
Notices of foreclosure, all residential properties 25 27 142 36 27 19
Notices of foreclosure, initial, 1-4 family and condo properties 17 19 132 19 12 6
Notices of foreclosure, repeat, 1-4 family and condo properties 5 6 3 12 11 11
Pre-foreclosure notice rate (per 1,000 1-4 family and condo properties) 10.0 6.0 6.6
Pre-foreclosure notices, 1-4 family and condo properties 195 117 129
Properties entering REO, 1-4 family 2 0 0
Finance - Lending
FHA/VA-backed home purchase loans (% of home purchase loans) 0.0% 0.2% 0.0% 0.0%
Higher-cost home purchase loans (% of home purchase loans) 1.0% 0.6% 0.6% 0.2%
Higher-cost refinance loans (% of refinance loans) 5.0% 0.4% 0.0% 0.3%
Home purchase loan rate (per 1,000 properties) 25.5 16.1 15.2 12.1
Home purchase loans in LMI tracts (% of home purchase loans) 0.0% 0.9% 0.0% 0.0%
Home purchase loans to LMI borrowers (% of home purchase loans) 0.7% 0.0% 0.7% 1.1%
Refinance loan rate (per 1,000 properties) 10.3 28.7 13.4 25.2
Sales - Volume
Sales volume, 1 family building 30 23 24 19 16 20
Sales volume, 2-4 family building 26 20 12 6 7 10
Sales volume, 5+ family building 20 65 48 57 34 50
Sales volume, condominium 320 1,108 889 651 448 971
Sales volume, all property types 396 1,216 973 733 505 1,051
Sales - Median Prices
Median sales price per unit, 1 family building (2021$) $7,946,620 $11,119,250 $10,232,450 $8,368,640 $6,412,500
Median sales price per unit, 2-4 family building (2021$) $3,134,500 $2,712,310 $4,163,910 $3,320,720 $3,925,000
Median sales price per unit, 5+ family building (2021$) $313,450 $238,040 $687,080 $333,630 $612,270
Median sales price per unit, condominium (2021$) $1,100,940 $1,451,960 $1,555,230 $1,383,920 $1,465,000
Sales - Housing Price Index
Index of housing price appreciation, 1 family building 100.0 146.9 160.8 185.7 159.4 191.6
Index of housing price appreciation, 2-4 family building 100.0 204.9 225.7 256.5 337.7 274.0
Index of housing price appreciation, 5+ family building 100.0 123.0 131.8 323.6 251.1 249.0
Index of housing price appreciation, condominium 100.0 183.1 181.4 239.8 220.3 227.9
Index of housing price appreciation, all property types 100.0 178.6 177.8 238.5 216.5 225.8
Subsidized Housing
Total number of subsidized properties (properties) 71
HUD Financing or Insurance (properties) 5
HUD Financing or Insurance (units) 650
HUD Project-based Rental Assistance Program (properties) 3
HUD Project-based Rental Assistance Program (units) 8,428
Low Income Housing Tax Credit (properties) 15
Low Income Housing Tax Credit (units) 1,613
Public Housing (properties) 3
Public Housing (units) 1,323
Mitchell-Lama (properties) 6
Mitchell-Lama (units) 1,302
421-a Tax Exemption (properties) 14
421-a Tax Exemption (units) 1,016
420-c Tax Exemption (properties) 8
420-c Tax Exemption (units) 304
NYC Housing Production Programs and Zoning Incentives or Requirements (properties) 28
Eligible to expire from housing programs between 2022 and 2027 (properties) 5
Eligible to expire from housing programs between 2022 and 2027 (units) 8,822
Eligible to expire from housing programs between 2028 and 2037 (properties) 14
Eligible to expire from housing programs between 2028 and 2037 (units) 2,032
Eligible to expire from housing programs in 2038 and later (properties) 8
Eligible to expire from housing programs in 2038 and later (units) 989

Land Use and Development

Indicator 2000 2006 2010 2019 2020 2021
Density
Population density (1,000 persons per square mile) 107.9 110.1 109.1
Development
Units authorized by new residential building permits 241 0 0 168 33
Units issued new certificates of occupancy 554 948 157 216 633

Neighborhood Services and Conditions

Indicator 2000 2006 2010 2019 2020 2021
Commute
Car-free commute (% of commuters) 78.4% 78.6% 83.8% 85.0%
Mean travel time to work (minutes) 30.7 31.0 30.0 30.9
Crime and Incarceration
Serious crime rate (per 1,000 residents) 12.6 8.4 10.2 9.9 8.6
Serious crime rate, property (per 1,000 residents) 10.9 7.3 8.8 8.2 7.2
Serious crime rate, violent (per 1,000 residents) 1.7 1.1 1.4 1.6 1.4
Schools
Students performing at grade level in English language arts, 4th grade 84.8%
Students performing at grade level in math, 4th grade 81.3%

Renters

Indicator 2000 2006 2010 2019 2020 2021
Median Rent
Median rent, 2- and 3-bedrooms (2021$) $2,520 $2,710
Median rent, all (2021$) $1,980 $2,100 $2,160 $2,480
Median rent, recent movers (2021$) $2,410 $2,530
Median rent, studios and 1-bedrooms (2021$) $2,060 $2,210
Change in collected rent (2019-2020) -8.0%
Affordability
Rental units affordable at 30% AMI (% of recently available units) 1.4% 1.7%
Rental units affordable at 80% AMI (% of recently available units) 10.2% 13.1%
Rental units affordable at 120% AMI (% of recently available units) 42.5% 56.7%
Rent Burden
Moderately rent-burdened households 22.2% 22.2% 17.9%
Moderately rent-burdened households, low income 23.3% 27.1%
Moderately rent-burdened households, moderate income 45.9% 50.5%
Severely rent-burdened households 17.3% 19.3% 19.0%
Severely rent-burdened households, low income 62.8% 61.7%
Severely rent-burdened households, moderate income 13.3% 8.3%
Rental Subsidy
Housing choice vouchers (% of occupied, privately owned rental units) 1.7% 1.2% 1.1%
Public housing (% of rental units) 1.9%
DEMOGRAPHICS

In 2019, there were an estimated 216,874 people in Upper East Side, of which 13.1% of the population identified as Asian, 2.3% identified as Black, 9.1% identified as Hispanic, and 72.5% identified as white.

Graph showing the racial and ethnic composition of Upper East Side in both 2000 and 2015-2019.
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In 2019, the household income group with the largest share (34.5%) of households was $100,001 - $250,000. In 2000, the same household income group had the largest share as well, with a slightly lower share of 33.1%.

Graph showing the distribution of household income in Upper East Side in both 2000 and 2015-2019.
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Median household income in 2019 was $141,090, about 93% more than citywide median household income ($72,930). The poverty rate in Upper East Side was 5.8% in 2019 compared to 16.0% citywide.

The poverty rate in Upper East Side was 5.8% in 2019 compared to 16.0% 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 2019. This is a new figure made for the 2021 State of the City report.

Graph showing the distribution of rents in Upper East Side in both 2010 and 2015-2019.
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HOUSING

Renters

Real median gross rent in Upper East Side increased from $2,100 in 2006 to $2,480 in 2019. In 2019, 19.0% of renter households in Upper East Side were severely rent burdened (spent more than 50% of household income on rent). 13.1% of the rental units were affordable at 80% Area Median Income, 3 percentage points higher than the share in 2010. 1.9% of rental units were public housing rental units, as of 2021. The overall rental vacancy rate in Upper East Side was 6.2% in 2019.

Real median gross rent in Upper East Side increased from $2,210 in 2007 to $2,480 in 2019.
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1.9% of the rental units in Upper East Side are public housing rental units in 2021.
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Homeowners

In 2019, the homeownership rate in Upper East Side was 35.7%, higher than the citywide share of 31.9%. The homeownership rate in the neighborhood has increased by 3.0 percentage points since 2010. In 2020, the home purchase loan rate was 12.1 per 1,000 properties (owner-occupied 1-4 family buildings, condominiums, or cooperative apartments) and the refinance loan rate was 25.2 per 1,000 properties in the neighborhood. Out of all the first-time home purchase loans and refinance loans in Upper East Side, 0.2% and 0.3% were high cost loans, respectively. 19 properties had a filing of mortgage foreclosure in Upper East Side in 2021. There were 0.9 mortgage foreclosure actions initiated per 1,000 1-4 family properties and condominium units.

There were 0.9 mortgage foreclosure notices per 1,000 1-4 family properties and condominium units in Upper East Side in 2021
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Development

Department of Buildings issued new certificates of occupancy to 633 residential units in new buildings in Upper East Side in 2020, 417 more than the number of units certified in 2019.

Department of Buildings issued new certificates of occupancy to 633 residential units in new buildings in Upper East Side last year, 417 more than the number of units certified in 2019.
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Over the last decade, 2,188 units in 4+ unit buildings were built in Upper East Side. 78% were market rate, compared to 10% low-income. 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 methdology in the technical appendix of the 2021 Focus Report.

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NEIGHBORHOOD SERVICES AND CONDITIONS

The serious crime rate was 8.6 serious crimes per 1,000 residents in 2021, compared to 12.2 serious crimes per 1,000 residents citywide.

The serious crime rate was 8.6 serious crimes per 1,000 residents in 2021, compared to 12.2 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 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.