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Upper East Side MN08

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Neighborhood Indicators

Demographics

Indicator 2000 2006 2010 2019 2021 2022
Population
Born in New York State 50.4% 48.0% 46.5% 46.6%
Disabled population 4.9% 2.4% 3.2%
Foreign-born population 21.5% 20.5% 21.1% 25.1% 21.9%
Population 217,063 214,459 218,842 216,874 207,429
Population aged 65+ 14.2% 14.3% 17.6% 21.4% 20.9%
Households
Households with children under 18 years old 13.3% 17.2% 16.2% 19.1% 18.2%
Single-person households 52.8% 49.0% 45.3% 45.6%
Race and Ethnicity
Percent Asian 6.3% 7.2% 9.2% 13.1% 9.4%
Percent Black 3.2% 3.7% 3.0% 2.3% 3.2%
Percent Hispanic 6.0% 6.4% 8.2% 9.1% 9.7%
Percent white 82.6% 81.4% 77.6% 72.5% 73.4%
Racial diversity index 0.31 0.33 0.38 0.45 0.44
Income and Poverty
Income diversity ratio 5.5 6.0 5.6 6.0
Median household income (2022$) $131,420 $135,250 $122,940 $149,700 $138,490
Median household income, homeowners (2022$) $217,690 $209,350 $247,000 $225,780
Median household income, renters (2022$) $100,750 $98,010 $134,160 $110,830
Poverty rate 6.5% 4.8% 6.8% 5.8% 10.0%
Poverty rate, population aged 65+ 6.8% 10.0% 4.7% 8.1%
Poverty rate, population under 18 years old 2.5% 2.4% 2.9% 8.2%
Labor Market
Labor force participation rate 72.6% 71.1% 67.7% 67.6%
Population aged 25+ without a high school diploma 4.5% 3.1% 2.4% 1.7%
Unemployment rate 3.71% 3.51% 5.97% 1.98% 6.19%

Housing Market and Conditions

Indicator 2000 2006 2010 2019 2021 2022
Housing Stock
Homeownership rate 30.7% 37.3% 32.7% 35.7% 37.2%
Housing units 140,164 139,749 132,933 140,363
Rental vacancy rate 5.2% 6.2% 6.6%
Serious housing code violations (per 1,000 privately owned rental units) 9.9 12.1 20.5 22.0 26.2
Severe crowding rate (% of renter households) 2.0% 2.8% 2.9%
Total housing code violations (per 1,000 privately owned rental units) 58.2 67.4 76.6 104.0 92.7
Finance - Distress
Notices of foreclosure rate (per 1,000 1-4 family and condo properties) 2.1 1.6 7.5 1.6 0.9 1.0
Notices of foreclosure, all residential properties 25 27 142 36 19 24
Notices of foreclosure, initial, 1-4 family and condo properties 17 19 132 19 6 11
Notices of foreclosure, repeat, 1-4 family and condo properties 5 6 3 12 11 8
Pre-foreclosure notice rate (per 1,000 1-4 family and condo properties) 10.0 6.6 14.1
Pre-foreclosure notices, 1-4 family and condo properties 195 129 278
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% 0.4%
Higher-cost refinance loans (% of refinance loans) 5.0% 0.4% 0.0% 0.1%
Home purchase loan rate (per 1,000 properties) 25.5 16.1 15.2 26.0
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% 1.8%
Refinance loan rate (per 1,000 properties) 10.3 28.7 13.4 25.9
Sales - Volume
Sales volume, 1 family building 30 22 24 19 17 27
Sales volume, 2-4 family building 26 20 12 6 10 10
Sales volume, 5+ family building 20 65 48 57 43 45
Sales volume, condominium 320 1,107 888 650 924 773
Sales volume, all property types 396 1,214 972 732 994 855
Sales - Median Prices
Median sales price per unit, 1 family building (2022$) $8,581,980 $8,080,250 $11,797,810 $10,856,900 $6,429,820 $7,900,000
Median sales price per unit, 2-4 family building (2022$) $2,234,710 $3,325,780 $2,877,830 $4,418,020 $4,164,530 $3,625,000
Median sales price per unit, 5+ family building (2022$) $300,430 $332,580 $252,570 $729,010 $440,990 $501,390
Median sales price per unit, condominium (2022$) $1,108,010 $1,166,370 $1,539,630 $1,648,170 $1,554,400 $1,550,000
Sales - Housing Price Index
Index of housing price appreciation, 1 family building 100.0 149.5 158.4 185.6 208.6 209.1
Index of housing price appreciation, 2-4 family building 100.0 217.6 226.3 248.4 263.8 235.2
Index of housing price appreciation, 5+ family building 100.0 121.6 141.1 350.5 220.2 318.9
Index of housing price appreciation, condominium 100.0 182.9 181.7 238.9 228.9 236.5
Index of housing price appreciation, all property types 100.0 178.2 177.4 238.0 225.7 233.0
Subsidized Housing
Total number of subsidized properties (properties) 74
HUD Financing or Insurance (properties) 6
HUD Financing or Insurance (units) 783
HUD Project-based Rental Assistance Program (properties) 3
HUD Project-based Rental Assistance Program (units) 8,428
Low Income Housing Tax Credit (properties) 16
Low Income Housing Tax Credit (units) 1,955
Public Housing (properties) 3
Public Housing (units) 1,323
Mitchell-Lama (properties) 6
Mitchell-Lama (units) 1,302
421-a Tax Exemption (properties) 13
421-a Tax Exemption (units) 989
420-c Tax Exemption (properties) 8
420-c Tax Exemption (units) 304
NYC Housing Production Programs and Zoning Incentives or Requirements (properties) 29
Eligible to expire from housing programs between 2023 and 2028 (properties) 7
Eligible to expire from housing programs between 2023 and 2028 (units) 9,635
Eligible to expire from housing programs between 2029 and 2038 (properties) 13
Eligible to expire from housing programs between 2029 and 2038 (units) 1,683
Eligible to expire from housing programs in 2039 and later (properties) 8
Eligible to expire from housing programs in 2039 and later (units) 867

Land Use and Development

Indicator 2000 2006 2010 2019 2021 2022
Density
Population density (1,000 persons per square mile) 107.9 110.1 109.1 104.3
Development
Units authorized by new residential building permits 241 0 0 165 117 1,374
Units issued new certificates of occupancy 554 948 155 214 249 219

Neighborhood Services and Conditions

Indicator 2000 2006 2010 2019 2021 2022
Commute
Car-free commute (% of commuters) 78.4% 78.6% 83.8% 85.0% 79.7%
Mean travel time to work (minutes) 30.7 31.0 30.0 30.9 29.4
Crime and Incarceration
Serious crime rate (per 1,000 residents) 12.6 8.4 10.3 8.5 11.1
Serious crime rate, property (per 1,000 residents) 10.9 7.3 8.8 7.1 9.3
Serious crime rate, violent (per 1,000 residents) 1.7 1.1 1.4 1.4 1.8
Schools
Students performing at grade level in English language arts, 4th grade 84.8% 78.1%
Students performing at grade level in math, 4th grade 81.3% 76.0%

Renters

Indicator 2000 2006 2010 2019 2021 2022
Median Rent
Median rent, 2- and 3-bedrooms (2022$) $2,670 $2,880 $3,180
Median rent, all (2022$) $2,100 $2,230 $2,290 $2,630 $2,640
Median rent, recent movers (2022$) $2,560 $2,690 $2,810
Median rent, studios and 1-bedrooms (2022$) $2,190 $2,340 $2,460
Change in collected rent (2019-2020) -8.7%
Affordability
Rental units affordable at 30% AMI (% of recently available units) 1.4% 1.7% 1.5%
Rental units affordable at 80% AMI (% of recently available units) 10.2% 13.1% 17.3%
Rental units affordable at 120% AMI (% of recently available units) 42.5% 56.7% 61.2%
Rent Burden
Moderately rent-burdened households 22.2% 22.2% 17.9% 21.7%
Moderately rent-burdened households, low income 23.3% 27.1% 26.1%
Moderately rent-burdened households, moderate income 45.9% 50.5% 45.3%
Severely rent-burdened households 17.3% 19.3% 19.0% 21.9%
Severely rent-burdened households, low income 62.8% 61.7% 64.1%
Severely rent-burdened households, moderate income 13.3% 8.3% 6.0%
Rental Subsidy
Housing choice vouchers (% of occupied, privately owned rental units) 1.7% 1.2%
Public housing (% of rental units) 1.9%
DEMOGRAPHICS

In 2021, there were an estimated 207,429 people in Upper East Side, of which 9.4% identified as Asian, 3.2% identified as Black, 9.7% identified as Hispanic, and 73.4% identified as white.

Graph showing the racial and ethnic composition of Upper East Side in both 2000 and 2017-2021.
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In 2021, the household income group with the largest share (34.4%) 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 33.6%.

Graph showing the distribution of household income in Upper East Side in both 2000 and 2017-2021.
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Median household income in 2021 was $138,490, about 92% more than citywide median household income ($72,150). The poverty rate in Upper East Side was 10.0% in 2021 compared to 18.0% citywide.

The poverty rate in Upper East Side was 10.0% 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 Upper East Side in both 2010 and 2017-2021.
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HOUSING

Renters

Real median gross rent in Upper East Side increased from $2,230 in 2006 to $2,640 in 2021. This represents a 18.4% increase over the same period. As of 2021, the change in median gross rent outpaced the change in median household income by 8.4 percentage points. In 2021, 21.9% of renter households in Upper East Side were severely rent burdened (spent more than 50% of household income on rent). 17.3% of the rental units were affordable at 80% Area Median Income, 7 percentage points higher than the share in 2010. 1.9% of the rental units were public housing rental units, as of 2022. The overall rental vacancy rate in Upper East Side was 6.6% in 2021.

Real median gross rent in Upper East Side increased from $2,230 in 2006 to $2,640 in 2021.
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Graph showing the change in real median gross rent and median renter household income in Upper East Side from 2006 to 2021.
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1.9% of the rental units in Upper East Side are public housing rental units in 2022.
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Homeowners

In 2021, the homeownership rate in Upper East Side was 37.2%, which is higher than the citywide share of 33.3%. The homeownership rate in the neighborhood has increased by 4.5 percentage points since 2010. In 2021, the home purchase loan rate was 26.0 per 1,000 properties (owner-occupied 1-4 family buildings, condominiums, or cooperative apartments) and the refinance loan rate was 25.9 per 1,000 properties in the neighborhood. Out of all the first-time home purchase loans and refinance loans in Upper East Side, 0.4% and 0.1% were high cost loans, respectively. 24 properties had a filing of mortgage foreclosure in Upper East Side in 2022. There were 1.0 mortgage foreclosure actions initiated per 1,000 1-4 family properties and condominium units.

There were 1.0 mortgage foreclosure notices per 1,000 1-4 family properties and condominium units in Upper East Side in 2022
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Development

The Department of Buildings issued new certificates of occupancy to 219 residential units in new buildings in Upper East Side in 2022, 30 fewer than the number of units certified in 2021.

Department of Buildings issued new certificates of occupancy to 219 residential units in new buildings in Upper East Side last year, the same as the number of units certified in 2022.
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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% 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 11.1 serious crimes per 1,000 residents in 2022, compared to 14.2 serious crimes per 1,000 residents citywide.

The serious crime rate was 11.1 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 .