New York City: General Patterns of Wealth

New York City: General Patterns of Wealth

The New York City metro area dominates the Higley 1000 with 223 Neighborhoods. Because of its size and complexity, I hope my readers will be able to help me further refine the proper nomenclature for individual neighborhoods. I will write a series of general postings on each of the major concentrations of Higley 1000 neighborhoods starting with with the area I personally know best, Long Island. I have traveled extensively throughout the Gold Coast of Long Island. It is a unique suburban landscape in that it is divided into a large number of very small incorporated villages that are a legacy of grand estates that extended from Lake Success to Lloyds Harbor in the early 20th Century along Long Island Sound.

The geographic pattern of wealthy neighborhoods in the New York City metro area does not lend itself to easy geographical generalization. Because of waterways intersecting the core of the metro area, wealthy neighborhoods spread in virtually every direction from the core in Manhattan, skipping over the outer boroughs. Brooklyn, the Bronx, and Queens each have only one Block Group that made the Higley 1000 (Brooklyn Heights, Fieldston, and Neponsit).

The geographic patterns of wealth are contiguous and fairly compact in Fairfield County, Connecticut and the Gold Coast of Long Island. On the other hand, the geography of the Higley 1000 in New Jersey is completely fragmented. Wealthy neighborhoods stretch from Bergen County in the north to Princeton in the southwest and Rumson in the southeast. There is no real geographic organization that I can discern in New Jersey! Westchester County has a more scattered geographic pattern that falls somewhere between the Gold Coast and New Jersey.

As everyone in New York City knows, the Upper East Side ends abruptly at 96th Street. The definition of the “Upper East Side” includes all of the Census Tracts east to Lexington Avenue with a bump out to Third Avenue between 66th and 79th. The rest of the. The remainder of the Upper East Side is defined as “Yorkville” in the Higley 1000.

The Upper West Side was a much more challenging exercise as the Block Groups that were wealthy enough to qualify for the Higley 1000 are geographically scattered from 59th to 92nd in five noncontiguous groups. As of this writing, a Block Group would need to have an approximate mean household income of $181,000 to be included in the list. There was only one Block Group found in Greenwich Village along the Hudson waterfront of the West Village . On the other hand, most of Tribeca is represented in the Higley 1000.

Ironclad Racial Segregation Predominates All of Metro New York City’s Clusters of Wealth

From the posh coops of Fifth Avenue to the spectacular mansions in North Greenwich; From horse farms of Bedford to the horse farms of Far Hills, New Jersey; racial segregation is surprisingly constant. Although there are concentrations of Asians found in all of the metro areas clusters of wealth (with the exception of Fairfield County), there are few Latino households and even fewer African-American households found in New York City’s Higley 1000 neighborhoods. In this respect, as the table below clearly shows, New York City’s minority representation is statistically the same as the rest of the country.

Higley 1000 Racial Statistics by Region

New York Metro Area Summary

Manhattan 7 38,259 0.9 4.1 3.4 89.5
Long Island 53 34,407 0.7 4.8 1.4 92.2
Westchester 47 40,312 1.1 5.2 2.3 90.4
Fairfield 44 36,641 0.5 2.1 1.2 95.6
New Jersey 68 58,791 1.5 5.7 1.8 90.3
Higley1000 1000 739,501 1.0 4.9 2.3 90.9
NYC CMSA NA 7,735,264 15.2 5.6 14.3 62.4

Posted in General, Metro Briefs on Jan 30th, 2008, 9:39 am by Stephen Higley   

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