The Furman Center at NYU recently released it annual report looking at demographic changes in New York City’s neighborhoods. It’s always interesting to take a look at how the Lower East Side stacks up. The image above is pretty small, so we’ll go over some of the highlights here, and if you’d like to read the full report, click on this link.
The report focus on New York’s 59 community districts. We’re zeroing on Community District 3, which includes the East Village, the Lower East Side and most of Chinatown.
- In 2010, the population in CD3 was 159,009, a drop from the previous year of about 3,000 residents.
- Our “population density” was third highest in all of Manhattan.
- CD3’s median household income was $43,518, around $20,000 lower than the Manhattan median income.
- In 2010, public and subsidized housing made up 34.4% of the total housing inventory on the LES, compared with 20% in all of Manhattan.
- 48% of the housing in this neighborhood was rent regulated in 2010.
- The Lower East Side was the fourth most racially diverse neighborhood in the city.
- The median monthly rent on the LES in 2010 was $946 (compared with $1337 citywide).
- About 16% of households in CD3 had children under the age of 18 (only three neighborhoods had a lower rate in this category).
- The poverty rate on the Lower East Side was 22% in 2010 (18th highest); the unemployment rate (10.1%) was about average compared with the rest of the city.
- The serious crime rate on the LES was 34.4% in 2010 (14th highest).
the lower east side is being boarded up for retail block by block. Greedy Landlords, people who don’t support the local businesses. too many bars, frat boys and sorority skank girls from jersey. 3 years ago there was hope. Now once again, it’s reeling…. I’d like to see someone do an ad campaign emphasizing all the wonderful small stores. Hey, there’s a thought!