The Bronx is widely considered a densely populated borough. What I’m looking for, exactly, is the diversity of my neighborhood, specifically, and how it relates to the rest of the Bronx. I’m fairly new to the community and I want to know what kind of people live in my area. Are they American born? Is not, where exactly did they come from? Are these people buying their homes? Renting? Over the course of my compilation of this research I’ll look into these things and see how these factors are connected and affect each other.
As shown from the 2005 Furman Center for Real Estate and Urban Housing, the population of the Bronx at that time was 1,357,589 persons. The racial diversity index is only 0.86, ranking 3rd in New York (behind Brooklyn and Queens). Of the 1,357,589 people living in the Bronx, approximately 2.9 percent of them were Asian, 31.4% Black (non-Hispanic), 46.8% Hispanic, 18.7% white and 0.2% Natve American. Of all of the races, only the number of Hispanics had begun to rise. The number of African-Americans, Caucasians and Asians were all gradually declining.
The median household income however is $27,500 – what could be defined as working middle class. In the overview chart, we’re shown that the number of housing units rose from 491,006 to 499,029 in three years (2002-5). The rental vacancy rate, however decreased from 3.3 to 2.6%, as did the percent of public housing (down one and a half percent from 11.7 in 2002). Not only this, but the poverty rate had also worsened, however steadily. Because of this information (as well as the increase of housing prices and the increase of their tax delinquency), I think it’s practical to assume that many people rent in the Bronx.
In my neighborhood, however, has a fairly large population at 115, 948 persons (due, mostly in part, to Co-op City) which has a diversity equal to that of the entire Bronx. The household income is above average at $40,700 with the median one family home at about $360,000. Unlike some of the other neighborhoods, as well as the Bronx in general, the Throgs Neck/Co-op City section of the Bronx has an increasing poverty rate in conjunction with the percent of immigrant households (both now 15.8%) The number of housing units and the crime rate also rose, however little (up almost 2 percent). The median household income, on the other hand, decreased $1,300, as did the percent of public housing, home ownership rate (down 3%) and rental vacancy rate. These statistics haven’t been overly obvious; at least in the six years my father has lived in the area. The only indication I’ve had of this is the increase of ‘For Sale’ signs as well as the steep increase of new 2-4 family houses that are hastily being erected around us. I hope these stats will level out, and regulate themselves, but only time (and continued research) will tell.
State of New York City's Housing and Neighborhoods 2005. Furman
Center for Real Estate and Urban Policy 8 Sept. 2007
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http://furmancenter.nyu.edu/publications/SOC2005.htm>