Census Shows Middle Class in Flight From New York
- Sloane Mansion, Once New York's Priciest Listing, Taken Off Market
- Hook Lines: Postcards at the Edge
- Look Mag Building Likely To Be Landmarked as LPC Continues Modernist Spree
- It's Miller Time! The Affable King of Comps Aims at Rentals
- I Got It, Thanks: Leases in Manhattan's Doorman Buildings Plunge
If you live in Manhattan, you most likely rent a three-room apartment built before World War II that has one bedroom, and that you moved into this decade. If you live in Brooklyn, you likely rent a four-room apartment with two bedrooms; the size, age and your personal history with the place isn’t much different from what it would have been in Manhattan.
And, oh yes, you more often than not share the apartment.
Census Bureau numbers out last week show a New York City that’s not surprising to anyone who’s undergone the arduous process of a New York apartment search: We live small, transiently and expensively; and it hasn’t changed much, even in this era of Wall Street bonus records and $50 million apartments at the Plaza and post-Giuliani gentrification.
Little wonder the solidly middle class are fleeing the city. Rather than sink over one-third of its monthly income into housing costs—whether through mortgages or rents—a household making between $40,000 and $60,000 a year generally exits the city, leaving the very wealthy and the working class behind to further stratify the Big Apple.
In fact, the average annual income of households that left the city in 2005 was $72,443, according to a report from City Comptroller William Thompson Jr. analyzing the Census numbers; the income of the households that stayed averaged $66,509.
Of all the apartments in Brooklyn, the 2006 Census Bureau estimates that over 26 percent have four rooms. The next most common is three rooms, the most prevalent size in Manhattan, with over a quarter-million apartments.
The next most common Manhattan size is four rooms, with 192,616. The average household size for both owner-occupied and renter-occupied apartments in Manhattan is a little over two people; in Brooklyn it’s about three. So, we’re either doubling up a lot through coupling or through extremely cramped roommate situations.
Back in 2000, the last year the Census released such estimates, the three-room dominated Manhattan as well, with the four-room a distant, distant second.
More residents moved into their Manhattan homes, small or otherwise, from 2000 through 2004—220,453—than moved into them in either the 1990’s or the 1980’s. In Brooklyn, these numbers were almost identical in proportion—most people moved from 2000 through 2004, or in the 1990’s.
This could be a function of a couple of things: the creation of new housing, particularly condos, during this decade; and also the increasingly transient nature of New York City’s population, a transience spurred in large part by housing costs.
Twice as many people move out of the city than migrate here each year, according to the report from Mr. Thompson’s office. That report concluded that about 4 percent of the five boroughs’ population turned over in 2005, not including the natural changes caused by deaths and births.
And most of the people leaving aren’t who you might think: Sure, the rich stay—the city’s a playground for many right now—but the relatively lower-income households also stick around.
- More:
- Real Estate |
- The Lab



Entourage Returns for a Sixth Season and Tries to Grow Up
Krushed by Kardashians at Bubble Gum-Flavored Vodka Klatch
Opening this Weekend: Sacha Baron Cohen Says "What's Up" With Brüno and a Former Blair Witcher Makes a Comeback
This Was a Movie Project?
Hook Lines: Postcards at the Edge
Look Mag Building Likely To Be Landmarked as LPC Continues Modernist Spree
Thank you for the information
www.observer.com is very informative. The article is very professionally written. I enjoy reading www.observer.com every day. I was looking for the for the following services bad credit loans canada payday loans canadian payday loans cash advance loans faxless payday loans loans online payday loan online payday loans online payday loans canada payday payday advance payday loan payday loans pay day loans payday loans canada payday loans in canada payday loans online
instant cash loan
and discovered that payday loans can help in times when your credit sucks, but you urgently need cash.