List of top 15 gentrifying neigborhoods in New York City (2016)

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The following information has as its source a study published by the NYU Fuhrman Center on Real Estate and Urban Policy as part of its State of New York City's Housing & Neighborhoods - 2015 Report (PDF). The study looked at average household income in 1990 and percentage change in average rent 1990 to 2010-2014. The study defines gentrification as happening where initially low-income neighborhoods (classified as the bottom 40% of city neighborhoods by income in 1990) experienced above median increases in rent.:

"As demand grows and neighborhoods become more economically and racially integrated, long-time residents may benefit from new neighborhood amenities, reduced crime rates  and higher housing values. However, rising rents threaten the long-run diversity of these communities (Zimmer 2016).” -  Ingrid Gould Ellen, faculty director of the NYU Furman Center, which authored the study.

Location Percent change in average''' rent 1990 to 2010-2014 Avg. household income in 1990
New York City (as a whole) 22.1% $78,500
Williamsburg/Greenpoint (Brooklyn) 78.7% $53,550
Central Harlem (Manhattan) 53.2% 39,650
Lower East Side/Chinatown (Manhattan) 50.3% $54,350
Bushwick (Brooklyn) 44.0% $42,500
East Harlem (aka El Barrio; Manhattan) 40.3% $47,300
Morningside Heights/Hamilton Heights (Manhattan) 36.7% $61,500
Bedford Stuyvesant  (Brooklyn) 36.1% $46,150
North Crown Heights/Prospect Heights (Brooklyn) 29.9% $56,600
Washington Heights/Inwood (Manhattan) 29.3% $55,650
Mott Haven/Hunts Point (Bronx) 29.3% $55,650
Astoria (Queens) 28.0% 32,250
Sunset Park (Brooklyn) 27.6% $64,600
Morrisania/Belmont (Bronx) 23.9% $62,550
Brownsville/Ocean Hill (Brooklyn) 20.5% $43,100
South Crown Heights (Brooklyn) 18.1% $62,900

"The study revealed some other interesting facts about these gentrifying neighborhoods. For instance these neighborhoods saw a greater increase in educated residents and single-family households compared to the rest of the city. These neighborhoods also saw an increase in white population and a decrease in black population, with statistics measured up to 2014 (Warekar 2016)."

See also

Gentrification

Housing_Crisis_-_Expensive_Rental_Markets

By the numbers - Gentrification (Video - NYU Fuhrman Center presentation on the study mentioned in this article)

References

Warekar, T. (2016, May 9). Behold, NYC's 15 Most Rapidly Gentrifying Neighborhoods - Curbed NY. Retrieved from [1]

Zimmer, A. (2016, May 9). Here Are City's Top 15 Gentrifying Neighborhoods - Crown Heights - DNAinfo New York. Retrieved from [2]