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Washington Heights/Inwood MN12

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Neighborhood Indicators

Demographics

Indicator 2000 2006 2010 2019 2020 2021
Population
Born in New York State 38.5% 34.6% 38.6%
Disabled population 8.3% 11.7%
Foreign-born population 53.3% 50.3% 50.1% 43.7%
Population 208,414 208,867 205,414 204,096
Population aged 65+ 9.9% 12.5% 12.0% 15.6%
Households
Households with children under 18 years old 40.8% 34.0% 28.7% 25.8%
Single-person households 34.0% 32.0% 36.7%
Race and Ethnicity
Percent Asian 2.0% 1.4% 2.0% 2.5%
Percent Black 8.4% 8.6% 7.4% 7.9%
Percent Hispanic 74.1% 74.3% 70.2% 67.9%
Percent white 13.6% 14.1% 18.9% 19.2%
Racial diversity index 0.43 0.42 0.47 0.49
Income and Poverty
Income diversity ratio 5.5 4.7 5.7
Median household income (2021$) $49,540 $43,030 $49,960 $56,230
Median household income, homeowners (2021$) $81,140 $118,320 $95,310
Median household income, renters (2021$) $40,430 $46,410 $53,060
Poverty rate 29.8% 28.1% 19.5% 15.5%
Poverty rate, population aged 65+ 21.2% 22.0% 29.2%
Poverty rate, population under 18 years old 43.3% 26.5% 17.4%
Labor Market
Labor force participation rate 62.9% 67.0% 67.5%
Population aged 25+ without a high school diploma 32.4% 33.3% 25.0%
Unemployment rate 14.52% 11.34% 13.59% 6.16%

Housing Market and Conditions

Indicator 2000 2006 2010 2019 2020 2021
Housing Stock
Homeownership rate 6.5% 8.3% 10.3% 10.5%
Housing units 73,528 75,528 81,726
Rental vacancy rate 1.2% 1.7%
Serious housing code violations (per 1,000 privately owned rental units) 122.1 153.9 181.3 131.4 174.7
Severe crowding rate (% of renter households) 3.9% 5.0%
Total housing code violations (per 1,000 privately owned rental units) 634.9 650.4 654.2 427.9 593.5
Finance - Distress
Notices of foreclosure rate (per 1,000 1-4 family and condo properties) 24.6 13.9 9.9 0.7 2.1
Notices of foreclosure, all residential properties 30 19 36 6 4
Notices of foreclosure, initial, 1-4 family and condo properties 13 8 10 1 2
Notices of foreclosure, repeat, 1-4 family and condo properties 1 1 1 0 1
Pre-foreclosure notice rate (per 1,000 1-4 family and condo properties) 11.8 7.6 15.2
Pre-foreclosure notices, 1-4 family and condo properties 16 11 21
Properties entering REO, 1-4 family 1 0 1
Finance - Lending
FHA/VA-backed home purchase loans (% of home purchase loans) 0.0% 0.0% 0.0% 0.0%
Higher-cost home purchase loans (% of home purchase loans) 2.4% 0.0% 0.4% 0.0%
Higher-cost refinance loans (% of refinance loans) 10.3% 0.0% 0.0% 1.0%
Home purchase loan rate (per 1,000 properties) 36.5 17.8 22.8 15.9
Home purchase loans in LMI tracts (% of home purchase loans) 46.3% 9.7% 47.4% 45.3%
Home purchase loans to LMI borrowers (% of home purchase loans) 4.4% 45.9% 2.9% 8.4%
Refinance loan rate (per 1,000 properties) 17.8 22.7 10.1 25.4
Sales - Volume
Sales volume, 1 family building 1 5 6 0 0 3
Sales volume, 2-4 family building 8 20 1 6 1 5
Sales volume, 5+ family building 36 66 35 36 5 37
Sales volume, condominium 8 17 27 77 42 66
Sales volume, all property types 53 108 69 119 48 111
Sales - Median Prices
Median sales price per unit, 1 family building (2021$) $973,460 $409,880 $2,500,000
Median sales price per unit, 2-4 family building (2021$) $447,000 $937,650 $793,990 $814,570 $800,000
Median sales price per unit, 5+ family building (2021$) $141,120 $124,860 $201,120 $163,850 $167,740
Median sales price per unit, condominium (2021$) $496,900 $442,950 $640,480 $579,610 $547,500
Sales - Housing Price Index
Index of housing price appreciation, 1 family building 100.0 39.6 13.8
Index of housing price appreciation, 2-4 family building 100.0 489.9 432.6 386.2 1,196.6 671.9
Index of housing price appreciation, 5+ family building 100.0 308.9 226.8 510.6 587.0 457.7
Index of housing price appreciation, condominium 100.0 299.6 283.8 480.1 466.7 447.3
Index of housing price appreciation, all property types 100.0 315.4 225.6 523.7 549.7 509.5
Subsidized Housing
Total number of subsidized properties (properties) 176
HUD Financing or Insurance (properties) 7
HUD Financing or Insurance (units) 347
HUD Project-based Rental Assistance Program (properties) 13
HUD Project-based Rental Assistance Program (units) 725
Low Income Housing Tax Credit (properties) 21
Low Income Housing Tax Credit (units) 869
Public Housing (properties) 3
Public Housing (units) 1,517
Mitchell-Lama (properties) 7
Mitchell-Lama (units) 1,410
421-a Tax Exemption (properties) 16
421-a Tax Exemption (units) 476
420-c Tax Exemption (properties) 30
420-c Tax Exemption (units) 1,181
NYC Housing Production Programs and Zoning Incentives or Requirements (properties) 94
Eligible to expire from housing programs between 2022 and 2027 (properties) 6
Eligible to expire from housing programs between 2022 and 2027 (units) 802
Eligible to expire from housing programs between 2028 and 2037 (properties) 13
Eligible to expire from housing programs between 2028 and 2037 (units) 793
Eligible to expire from housing programs in 2038 and later (properties) 17
Eligible to expire from housing programs in 2038 and later (units) 767

Land Use and Development

Indicator 2000 2006 2010 2019 2020 2021
Density
Population density (1,000 persons per square mile) 71.3 70.1 69.6
Development
Units authorized by new residential building permits 127 0 0 145 0
Units issued new certificates of occupancy 0 0 40 104 22

Neighborhood Services and Conditions

Indicator 2000 2006 2010 2019 2020 2021
Commute
Car-free commute (% of commuters) 75.0% 78.8% 83.9% 87.6%
Mean travel time to work (minutes) 40.4 38.3 39.0 43.1
Crime and Incarceration
Serious crime rate (per 1,000 residents) 10.6 10.8 10.3 11.7 13.2
Serious crime rate, property (per 1,000 residents) 6.0 5.8 5.8 7.4 7.7
Serious crime rate, violent (per 1,000 residents) 4.6 4.9 4.5 4.2 5.4
Schools
Students performing at grade level in English language arts, 4th grade 42.5%
Students performing at grade level in math, 4th grade 40.0%

Renters

Indicator 2000 2006 2010 2019 2020 2021
Median Rent
Median rent, 2- and 3-bedrooms (2021$) $1,190 $1,390
Median rent, all (2021$) $1,020 $1,100 $1,260 $1,380
Median rent, recent movers (2021$) $1,460 $1,890
Median rent, studios and 1-bedrooms (2021$) $1,160 $1,370
Change in collected rent (2019-2020) -2.8%
Affordability
Rental units affordable at 30% AMI (% of recently available units) 7.7% 5.3%
Rental units affordable at 80% AMI (% of recently available units) 59.6% 47.8%
Rental units affordable at 120% AMI (% of recently available units) 95.1% 96.0%
Rent Burden
Moderately rent-burdened households 22.9% 23.3% 22.3%
Moderately rent-burdened households, low income 29.3% 31.5%
Moderately rent-burdened households, moderate income 10.6% 15.5%
Severely rent-burdened households 25.7% 30.2% 27.5%
Severely rent-burdened households, low income 42.8% 40.0%
Severely rent-burdened households, moderate income 0.8% 0.2%
Rental Subsidy
Housing choice vouchers (% of occupied, privately owned rental units) 9.0% 7.4% 7.9%
Public housing (% of rental units) 2.5%
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 (22.8%) of households was $60,001 - $100,000. In 2000, the household income group with the largest share (22.6%) of households was <= $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 $56,230, about 23% less than citywide median household income ($72,930). 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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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 Washington Heights/Inwood in both 2010 and 2015-2019.
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HOUSING

Renters

Real median gross rent in Washington Heights/Inwood increased from $1,100 in 2006 to $1,380 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 were affordable at 80% Area Median Income, 12 percentage points lower than the share in 2010. 2.5% of rental units were public housing rental units, as of 2021. The overall rental vacancy rate in Washington Heights/Inwood was 1.7% in 2019.

Real median gross rent in Washington Heights/Inwood increased from $1,150 in 2007 to $1,380 in 2019.
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2.5% of the rental units in Washington Heights/Inwood are public housing rental units in 2021.
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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 2020, the home purchase loan rate was 15.9 per 1,000 properties (owner-occupied 1-4 family buildings, condominiums, or cooperative apartments) and the refinance loan rate was 25.4 per 1,000 properties in the neighborhood. Out of all the first-time home purchase loans and refinance loans in Washington Heights/Inwood, 0.0% and 1.0% were high cost loans, respectively. 4 properties had a filing of mortgage foreclosure in Washington Heights/Inwood in 2021. There were 2.1 mortgage foreclosure actions initiated per 1,000 1-4 family properties and condominium units.

There were 2.1 mortgage foreclosure notices per 1,000 1-4 family properties and condominium units in Washington Heights/Inwood in 2021
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Development

Department of Buildings issued new certificates of occupancy to 22 residential units in new buildings in Washington Heights/Inwood in 2020, 82 less than the number of units certified in 2019.

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.
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Over the last decade, 633 units in 4+ unit buildings were built in Washington Heights/Inwood. 73% were market rate, compared to 25% 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 13.2 serious crimes per 1,000 residents in 2021, compared to 12.2 serious crimes per 1,000 residents citywide.

The serious crime rate was 13.2 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.