Ironic Demographics: Brooklyn Is Dying
“Brooklyn Is Dying” could refer to the disappearing culture gentrified out of the neighborhood. Instead, I have in mind demographic statistics suggesting decline. Daniel Kay Hertz, “Brooklyn Is Getting Poorer“:
I recently ran across a post from data-crunching blog extraordinaire Xenocrypt, which noted that from 1999 to 2011, median household income in Brooklyn fell from $42,852 to $42,752. That’s not a huge drop, obviously, but when you consider that the national median income rose over the same period from about $50,000 to $56,000, it’s not at all a stretch to say that the borough is falling behind, economically. Moreover, if you map (as Xenocrypt did) the borough’s neighborhoods by change in median income, you get a really striking picture … which is that, indeed, a good three-fifths or so of Brooklyn is actually getting poorer. Have you read any articles about that? No, I will wager that you have not. Neither have I. I strongly suspect that is because they don’t exist – at least not in any outlet that might be considered mainstream.
“The middle class is not priced out of the city, but priced out of neighborhoods,” [Seth Pinsky (who ran the city’s Economic Development Corporation under de Blasio’s predecessor Michael Bloomberg)] said at a breakfast panel hosted by advisory and accounting firm EisnerAmper and Bloomberg last Thursday. “While it’s true that some neighborhoods have become unaffordable, others have become more attractive. I think that’s a good thing.