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Washington Heights/Inwood MN12

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DEMOGRAPHICS

In 2019, there were an estimated 204,096 people in Washington Heights/Inwood, of which 2.5% of the population identified as Asian, 7.9% identified as Black, 67.9% identified as Hispanic, and 19.2% identified as white.

Graph showing the racial and ethnic composition of Washington Heights/Inwood in both 2000 and 2015-2019.
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In 2019, the household income group with the largest share (22.9%) of households is $60,001 - $100,000. In 2000, the household income group had the largest share (23.3%) of households is <= $20,000.

Graph showing the distribution of household income in Washington Heights/Inwood in both 2000 and 2015-2019.
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Median household income in 2019 was $54,420, about 23% less than citywide median household income ($70,590). The poverty rate in Washington Heights/Inwood was 15.5% in 2019 compared to 16.0% citywide.

The poverty rate in Washington Heights/Inwood was 15.5% in 2019 compared to 16.0% citywide.
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HOUSING

Renters

Real median gross rent in Washington Heights/Inwood increased from $1,070 in 2006 to $1,340 in 2019. In 2019, 27.5% of renter households in Washington Heights/Inwood were severely rent burdened (spent more than 50% of household income on rent). 47.8% of the rental units are affordable at the 80% Area Median Income, 12 percentage points lower than the share in 2010. 2.5% of the rental units are public housing rental units in 2020. The overall rental vacancy rate in Washington Heights/Inwood was 1.7%.

Real median gross rent in Washington Heights/Inwood increased from $1,110 in 2007 to $1,340 in 2019.
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2.5% of the rental units in Washington Heights/Inwood are public housing rental units in 2020.
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Homeowners

In 2019, the homeownership rate in Washington Heights/Inwood was 10.5%, lower than the citywide share of 31.9%. The homeownership rate in the neighborhood has increased by 0.2 percentage points since 2010. In 2019, the home purchase loan rate was 22.8 per 1,000 properties (owner-occupied 1-4 family buildings, condominiums, or cooperative apartments) and the refinance loan rate was 10.1 per 1,000 properties in the neighborhood. Out of all the first-time home purchase loans and refinance loans in Washington Heights/Inwood, 0.4% and 0.0% were high cost loans, respectively. NA properties had a filing of mortgage foreclosure in Washington Heights/Inwood in 2020. There were NA mortgage foreclosure actions initiated per 1,000 1-4 family properties and condominium units.

There were NA mortgage foreclosure notices per 1,000 1-4 family properties and condominium units in Washington Heights/Inwood in 2020
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Development

Department of Buildings issued new certificates of occupancy to 22 residential units in new buildings in Washington Heights/Inwood last year, 82 less than the number of units certified in 2019.

Department of Buildings issued new certificates of occupancy to 0 residential units in new buildings in Washington Heights/Inwood last year, 104 less than the number of units certified in 2019.
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NEIGHBORHOOD SERVICES AND CONDITIONS

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

The serious crime rate was 11.6 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: MN12 Washington Heights/Inwood

Demographics

Indicator 2000 2006 2010 2019 2020 Rank (2000) Rank (19/20)
Population
Born in New York State 38.5% 34.6% 38.6% 49
Disabled population 8.3% 11.7% 9
Foreign-born population 53.3% 50.3% 50.1% 43.7% 5 16
Population 208,414 208,867 205,414 204,096
Population aged 65+ 9.9% 12.5% 12.0% 15.6% 35 23
Households
Households with children under 18 years old 40.8% 34.0% 28.7% 25.8% 24 35
Single-person households 34.0% 32.0% 36.7% 14
Race and Ethnicity
Percent Asian 2.0% 1.4% 2.0% 2.5% 42 47
Percent Black 8.4% 8.6% 7.4% 7.9% 35 32
Percent Hispanic 74.1% 74.3% 70.2% 67.9% 1 3
Percent white 13.6% 14.1% 18.9% 19.2% 37 37
Racial diversity index 0.43 0.42 0.47 0.49 42 47
Income and Poverty
Income diversity ratio 5.5 4.7 5.7 23
Median household income (2020$) $47,950 $41,650 $48,360 $54,420 38 44
Median household income, homeowners (2020$) $78,540 $114,520 $92,250 38
Median household income, renters (2020$) $39,130 $44,920 $51,360 32
Poverty rate 29.8% 28.1% 19.5% 15.5% 14 24
Poverty rate, population aged 65+ 21.2% 22.0% 29.2% 9
Poverty rate, population under 18 years old 43.3% 26.5% 17.4% 27
Labor Market
Labor force participation rate 62.9% 67.0% 67.5% 17
Population aged 25+ without a high school diploma 32.4% 33.3% 25.0% 9
Unemployment rate 14.52% 11.34% 13.59% 6.16% 14 17

Housing Market and Conditions

Indicator 2000 2006 2010 2019 2020 Rank (2000) Rank (19/20)
Housing Stock
Homeownership rate 6.5% 8.3% 10.3% 10.5% 53 49
Housing units 73,528 75,528 81,726 9
Rental vacancy rate 1.2% 1.7% 50
Serious housing code violations (per 1,000 privately owned rental units) 122.1 153.9 181.3 131.4 8
Severe crowding rate (% of renter households) 3.9% 5.0% 19
Total housing code violations (per 1,000 privately owned rental units) 634.9 650.4 654.2 427.9 6
Finance - Distress
Notices of foreclosure rate (per 1,000 1-4 family and condo properties) 24.6 13.9 9.9 0.7 6
Notices of foreclosure, all residential properties 30 19 36 6 45
Notices of foreclosure, initial, 1-4 family and condo properties 13 8 10 1 50
Notices of foreclosure, repeat, 1-4 family and condo properties 1 1 1 0 55
Pre-foreclosure notice rate (per 1,000 1-4 family and condo properties) 11.8 7.6 52
Pre-foreclosure notices, 1-4 family and condo properties 16 11 59
Properties entering REO, 1-4 family 1 0 1 45
Finance - Lending
FHA/VA-backed home purchase loans (% of home purchase loans) 0.0% 0.0% 0.0% 45
Higher-cost home purchase loans (% of home purchase loans) 2.4% 0.0% 0.4% 51
Higher-cost refinance loans (% of refinance loans) 10.3% 0.0% 0.0% 53
Home purchase loan rate (per 1,000 properties) 36.5 17.8 22.8 19
Home purchase loans in LMI tracts (% of home purchase loans) 46.3% 9.7% 47.4% 18
Home purchase loans to LMI borrowers (% of home purchase loans) 4.4% 45.9% 2.9% 43
Refinance loan rate (per 1,000 properties) 17.8 22.7 10.1 45
Sales - Volume
Sales volume, 1 family building 1 5 6 0 0 54 54
Sales volume, 2-4 family building 8 20 1 6 1 54 56
Sales volume, 5+ family building 36 66 35 26 3 9 43
Sales volume, all property types 53 108 69 109 45 57 56
Sales volume, condominium 8 17 27 77 41 42 35
Sales - Median Prices
Median sales price per unit, 1 family building (2020$) $201,530 $942,210 $396,720 53
Median sales price per unit, 2-4 family building (2020$) $148,240 $432,650 $907,550 $768,500 $788,420 47 10
Median sales price per unit, 5+ family building (2020$) $54,400 $136,590 $120,850 $215,040 $191,460 45 33
Median sales price per unit, condominium (2020$) $157,520 $480,950 $428,730 $619,920 $562,000 43 30
Sales - Housing Price Index
Index of housing price appreciation, 1 family building 100.0 364.0 117.3 410.1
Index of housing price appreciation, 2-4 family building 100.0 512.4 285.3 436.9 1,859.8 1
Index of housing price appreciation, 5+ family building 100.0 281.9 311.5 642.9 369.1 36
Index of housing price appreciation, all property types 100.0 335.3 305.6 607.6 491.5 3
Index of housing price appreciation, condominium 100.0 519.5 451.8 845.2 691.8 1
Subsidized Housing
Total number of subsidized properties (properties) 186 19
HUD Financing or Insurance (properties) 4 25
HUD Financing or Insurance (units) 205 29
HUD Project-based Rental Assistance Program (properties) 14 22
HUD Project-based Rental Assistance Program (units) 851 24
Low Income Housing Tax Credit (properties) 22 21
Low Income Housing Tax Credit (units) 888 36
Public Housing (properties) 21 15
Public Housing (units) 2,167 27
Mitchell-Lama (properties) 7 17
Mitchell-Lama (units) 1,410 20
421-a Tax Exemption (properties) 16 52
421-a Tax Exemption (units) 550 50
420-c Tax Exemption (properties) 29 18
420-c Tax Exemption (units) 1,017 22
NYC Housing Production Programs and Zoning Incentives or Requirements (properties) 88 17
Eligible to expire from housing programs between 2020 and 2025 (properties) 7 18
Eligible to expire from housing programs between 2020 and 2025 (units) 602 23
Eligible to expire from housing programs between 2026 and 2035 (properties) 13 20
Eligible to expire from housing programs between 2026 and 2035 (units) 1,016 24
Eligible to expire from housing programs in 2036 and later (properties) 18 23
Eligible to expire from housing programs in 2036 and later (units) 889 33

Land Use and Development

Indicator 2000 2006 2010 2019 2020 Rank (2000) Rank (19/20)
Density
Population density (1,000 persons per square mile) 71.3 70.1 69.6 9
Development
Units authorized by new residential building permits 127 162 0 145 0 32 59
Units issued new certificates of occupancy 0 0 40 104 22 57 57

Neighborhood Services and Conditions

Indicator 2000 2006 2010 2019 2020 Rank (2000) Rank (19/20)
Commute
Car-free commute (% of commuters) 75.0% 78.8% 83.9% 87.6% 15 8
Mean travel time to work (minutes) 40.4 38.3 39.0 43.1 36 34
Crime and Incarceration
Serious crime rate (per 1,000 residents) 10.6 10.8 10.3 11.6 25
Serious crime rate, property (per 1,000 residents) 6.0 5.8 5.8 7.4 22
Serious crime rate, violent (per 1,000 residents) 4.6 4.9 4.5 4.2 26
Schools
Students performing at grade level in English language arts, 4th grade 42.5% 41
Students performing at grade level in math, 4th grade 40.0% 38

Renters

Indicator 2000 2006 2010 2019 2020 Rank (2000) Rank (19/20)
Median Rent
Median rent, 2- and 3-bedrooms (2020$) $1,150 $1,340 43
Median rent, all (2020$) $990 $1,070 $1,220 $1,340 38 41
Median rent, recent movers (2020$) $1,420 $1,830 19
Median rent, studios and 1-bedrooms (2020$) $1,120 $1,320 19
Median rent, asking $1,600
Affordability
Rental units affordable at 30% AMI (% of recently available units) 7.7% 5.3% 28
Rental units affordable at 80% AMI (% of recently available units) 59.6% 47.8% 30
Rental units affordable at 120% AMI (% of recently available units) 95.1% 96.0% 24
Rent Burden
Moderately rent-burdened households 22.9% 23.3% 22.3% 39
Moderately rent-burdened households, low income 29.3% 31.5% 25
Moderately rent-burdened households, moderate income 10.6% 15.5% 20
Severely rent-burdened households 25.7% 30.2% 27.5% 17 34
Severely rent-burdened households, low income 42.8% 40.0% 44
Severely rent-burdened households, moderate income 0.8% 0.2% 29
Rental Subsidy
Housing choice vouchers (% of occupied, privately owned rental units) 9.0% 7.4% 18
Public housing (% of rental units) 2.5% 34

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.