Real Estate

This Brooklyn District Is The Least Rent Burdened In NYC: Study

A health profile for the Park Slope, Carroll Gardens district found it has the lowest percent of tenants burdened by their rent prices.

Union Street in Carroll Gardens.
Union Street in Carroll Gardens. (Patch)

CARROLL GARDENS, BROOKLYN — Certain spots in Brooklyn's Community District 6 may be making their way into the priciest neighborhoods in the city, but that doesn't necessarily mean their residents are feeling the heat.

A new report released by the city found that the district — which stretches from the Red Hook and Columbia Street waterfront to the western edge of Park Slope — is the least rent burdened area in all of New York City.

In other words, the district has the lowest percentage of residents who spend 30 percent or more of their income on rent.

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"Rent burdened households pay more than 30 percent of their income for housing and may have difficulty affording food, clothing, transportation and health care," the report said.

Only 37 percent of renters in District 6, which the report refers to as Park Slope/Carroll Gardens, are rent burdened, compared to 52 percent of renters across Brooklyn and 51 percent citywide.

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The report, which analyzes U.S. Census data through 2016, comes at a time when many of the neighborhoods in this district have been getting more expensive — at the very least for home buyers.

Just this month, Cobble Hill took the top spot, typically held by Dumbo, as Brooklyn's most expensive neighborhood in a quarterly report by Property Shark. The report is based on the number and price of home sales in the neighborhood so far in 2019.

Before Cobble Hill stepped in, the Columbia Street Waterfront District had briefly held the title as the priciest spot in the borough. Carroll Gardens has also been moving up the list, making its way into the top 10 priciest in New York City for the first time earlier this year.

The rent burdened statistic was the only time Community District 6 scored as the highest or lowest score in New York City.

For other economic factors, like rates of poverty and unemployment, the Brooklyn district had low percentages, but were beaten by the Upper East Side in both cases.

Park Slope/Carroll Gardens have 10 percent of their residents living in poverty, compared to 20 percent of total New York city residents and 7 percent of Upper East Side residents. The neighborhoods have a 6 percent unemployment rate, compared to 9 percent across the city and only 4 percent in the Upper East Side.

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