Now imagine someone who might be looking to rent an apartment in NYC and use the recent movers linear and exponential rent functions to determine the predicted median rent for that year. How much money will this person need to earn in order to pay the median rent and not be rent burdened?Now imagine someone who might be looking to rent an apartment in NYC and use the recent movers linear and exponential rent functions to determine the predicted median rent for that year. How much money will this person need to earn in order to pay the median rent and not be rent burdened?
Queens Additional resighborhood information, including expanded indication and historical data, is available on CoreDate.rye. See Mort ef this report for Indicator defrision Hauthold income Distribution (2016) Race and Ethnicity 9000 900-17 2000 200 3434 13 34 AN 5.04 IN IN IN 120.000 Wha L: 40.000 140.00 140.000 . 100.000 0.000 Demographics 2000 Rank 2017-18 Rank 1 3 1 4 6 1 O 1 1 3 4 4 4 2 2 2 5 2 2 3 2000 2005 2010 2017 2018 Population 2,949,159 9.955,100 7,90540 7.3.580 Population des 12.64 1104 129 15.04 Foreborn population 45.9 48.511 47.79 47. Households with children under 18 years old 35. 34.39 31.796 307 Radwanity index 0.76 0.76 0.25 nome diversity ratio 41 4.5 4.6 Median household income (108) $65.610 561,470 S60 170 $65.240 Poverty rate 14.64 12.29 15.0% 12.99 Unemployment rate 2.79 7.5 71% Population aged 25 with a bachelor's degree or higher 94.34 47.8% 29.446 30.94 Population et without a high school diploma 20.4% 19.6% 18.09 Housing Market and Conditions Homeownership yote 424 4201 43.89 Mental Vacancy 229 2.05 Severe crowding of renter household) 4.5% 4. Serious honing code violations (1,000 privately owned rental units) 20.3 22.8 19.9 225 Median rent, all (2018) 11.16 $1,120 $1,410 $1,500 Media rent, in $1,700 52.310 $9.200 Index of housing price appreciation, all property types 100.0 226.4 170.4 2635 27.6 Index of housing price appreciation. Tunt building 1090 2301 1674 749.5 2570 Median w priceperit. unit building (108) $12.770 $50,000 $470,000 $2,730 $618,000 Sales volume, property types 12,629 1,229 3,755 10,400 Notion of foreclosure rate (per 1,0001-4 ink and condo properties) 9.0 123 101 TO 10.4 Home purchase an rate (per 1,000 properties) 207 211 Land Use and Development Population density (1,000 persons per square mile) 20.7 90.5 27 Units authorized by new residential building permits 3207 2210 1471 4130 523 United new certificate of occupancy 2.381 5743 2651 5.262 6,109 Neighborhood Services and Conditions Car Free committed commer) 516 57.8 39548 Mean travel time to work (minut) 42.2 418 413 44 Serious crime reper 1,000 residents) 19.1 12.4 103 86 students performing trade level ELA 4h prade 46.19 54.54 Students performing trade level in math 4th grade Residere al units within 1/2 mile of a way station 45.5% SL Residential units within 14 mile of a park 52.04 62.94 Renters Hental units affordable HSAMI (98 of recently available unita) Severely rentburdened household 50.4% 48. 22.0% Serverely runt burdened borehold, low income How wholds . 30. Housing this vouchers (of occupied, privately owned rental unit) 46.2 50 2.8% www.icon-300 and all 2.444 1 3 1 3 1 4 2 2 a S 4 . 1 4 4 1 2 1 Queens Additional resighborhood information, including expanded indication and historical data, is available on CoreDate.rye. See Mort ef this report for Indicator defrision Hauthold income Distribution (2016) Race and Ethnicity 9000 900-17 2000 200 3434 13 34 AN 5.04 IN IN IN 120.000 Wha L: 40.000 140.00 140.000 . 100.000 0.000 Demographics 2000 Rank 2017-18 Rank 1 3 1 4 6 1 O 1 1 3 4 4 4 2 2 2 5 2 2 3 2000 2005 2010 2017 2018 Population 2,949,159 9.955,100 7,90540 7.3.580 Population des 12.64 1104 129 15.04 Foreborn population 45.9 48.511 47.79 47. Households with children under 18 years old 35. 34.39 31.796 307 Radwanity index 0.76 0.76 0.25 nome diversity ratio 41 4.5 4.6 Median household income (108) $65.610 561,470 S60 170 $65.240 Poverty rate 14.64 12.29 15.0% 12.99 Unemployment rate 2.79 7.5 71% Population aged 25 with a bachelor's degree or higher 94.34 47.8% 29.446 30.94 Population et without a high school diploma 20.4% 19.6% 18.09 Housing Market and Conditions Homeownership yote 424 4201 43.89 Mental Vacancy 229 2.05 Severe crowding of renter household) 4.5% 4. Serious honing code violations (1,000 privately owned rental units) 20.3 22.8 19.9 225 Median rent, all (2018) 11.16 $1,120 $1,410 $1,500 Media rent, in $1,700 52.310 $9.200 Index of housing price appreciation, all property types 100.0 226.4 170.4 2635 27.6 Index of housing price appreciation. Tunt building 1090 2301 1674 749.5 2570 Median w priceperit. unit building (108) $12.770 $50,000 $470,000 $2,730 $618,000 Sales volume, property types 12,629 1,229 3,755 10,400 Notion of foreclosure rate (per 1,0001-4 ink and condo properties) 9.0 123 101 TO 10.4 Home purchase an rate (per 1,000 properties) 207 211 Land Use and Development Population density (1,000 persons per square mile) 20.7 90.5 27 Units authorized by new residential building permits 3207 2210 1471 4130 523 United new certificate of occupancy 2.381 5743 2651 5.262 6,109 Neighborhood Services and Conditions Car Free committed commer) 516 57.8 39548 Mean travel time to work (minut) 42.2 418 413 44 Serious crime reper 1,000 residents) 19.1 12.4 103 86 students performing trade level ELA 4h prade 46.19 54.54 Students performing trade level in math 4th grade Residere al units within 1/2 mile of a way station 45.5% SL Residential units within 14 mile of a park 52.04 62.94 Renters Hental units affordable HSAMI (98 of recently available unita) Severely rentburdened household 50.4% 48. 22.0% Serverely runt burdened borehold, low income How wholds . 30. Housing this vouchers (of occupied, privately owned rental unit) 46.2 50 2.8% www.icon-300 and all 2.444 1 3 1 3 1 4 2 2 a S 4 . 1 4 4 1 2 1
