Population 34,518 · Census ACS 2020–24
Choose a measure to map it.Tap a measure to map it. Swipe the row for more. Arrows show the change since 2006–10.
Median age by neighborhoodHistory and comparison ↓︎
Younger residents
Older residents
Colorblind friendly
off
More maps of Financial District: Best Neighborhoods · Walk Grade · Household income · Home prices · Race · Politics · Traffic noise · Internet
Population and households in Financial District
Household size in Financial District
| Period | Financial District | Manhattan | New York area | New York | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 1.88 | 2.15 | 2.79 | 2.68 | 2.68 |
| 2010–14 | 1.88 | 2.16 | 2.85 | 2.72 | 2.73 |
| 2015–19 | 2.03 | 2.12 | 2.82 | 2.69 | 2.71 |
| 2020–24 | 1.96 | 2.08 | 2.79 | 2.65 | 2.65 |
| Change | +0.08 | −0.07 | −0.00 | −0.03 | −0.03 |
Households in Financial District are small: just 1.96 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home. Since 2006–10, household size has crept up from 1.88, even as the national average fell.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Financial District
| Period | Financial District | Manhattan | New York area | New York | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 31.6 | 37.5 | 38.0 | 38.3 | 37.7 |
| 2010–14 | 32.6 | 38.2 | 38.7 | 39.0 | 38.6 |
| 2015–19 | 34.3 | 39.4 | 39.8 | 40.2 | 39.6 |
| 2020–24 | 32.1 | 40.4 | 40.4 | 40.8 | 40.1 |
| Change | +0.5 | +2.8 | +2.4 | +2.5 | +2.3 |
With a median age of just 32.1, Financial District is far younger than the country as a whole (40.1), a population that tilts toward young adults, many of them living alone or as couples. Since 2006–10, the median age has crept up from 31.6, a smaller shift than nationally. No other Manhattan neighborhood is younger.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Financial District
| Period | Financial District | Manhattan | New York area | New York | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 2.0% | 10.5% | 13.1% | 13.1% | 12.3% |
| 2010–14 | 2.5% | 9.5% | 12.8% | 12.7% | 12.3% |
| 2015–19 | 2.6% | 8.5% | 11.4% | 11.6% | 11.6% |
| 2020–24 | 4.5% | 8.9% | 11.6% | 11.6% | 11.6% |
| Change | +2.5 pts | −1.6 pts | −1.5 pts | −1.5 pts | −0.6 pts |
Single-parent households are relatively rare in Financial District: 4.5% of households, against 11.6% nationally. Since 2006–10, the single-parent share has risen 2.5 points, even as the national share fell.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Financial District
Renters in Financial District
| Period | Financial District | Manhattan | New York area | New York | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 81.2% | 77.2% | 47.1% | 44.8% | 33.3% |
| 2010–14 | 77.8% | 77.4% | 48.7% | 46.2% | 35.6% |
| 2015–19 | 73.1% | 75.9% | 48.8% | 46.2% | 36.0% |
| 2020–24 | 74.8% | 74.9% | 48.6% | 45.7% | 34.8% |
| Change | −6.3 pts | −2.2 pts | +1.5 pts | +0.9 pts | +1.5 pts |
Renters far outnumber owners in Financial District: 74.8% of households rent their homes, against 34.8% nationally. Among homeowners, 51.9% have no mortgage at all, well above the national share of 39.8%. The renter share has fallen 6.3 points since 2006–10, even as the national share rose.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Financial District
| Period | Financial District | Manhattan | New York area | New York | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 16.0% | 12.8% | 9.1% | 10.3% | 11.4% |
| 2010–14 | 16.4% | 13.1% | 9.0% | 10.4% | 11.4% |
| 2015–19 | 20.3% | 13.8% | 9.1% | 11.0% | 11.1% |
| 2020–24 | 18.1% | 15.4% | 7.9% | 9.7% | 9.6% |
| Change | +2.0 pts | +2.7 pts | −1.2 pts | −0.6 pts | −1.8 pts |
Vacant homes make up 18.1% of the housing in Financial District, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand. Since 2006–10, vacancy has risen 2.0 points, even as the national rate fell.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Financial District
| Period | Financial District | Manhattan | New York area | New York | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 1961 | 1952 | 1957 | 1956 | 1974 |
| 2010–14 | 1957 | 1954 | 1958 | 1957 | 1975 |
| 2015–19 | 1957 | 1954 | 1959 | 1958 | 1977 |
| 2020–24 | 1962 | 1956 | 1962 | 1961 | 1980 |
| Change | +1 | +4 | +5 | +5 | +6 |
The housing in Financial District is old by national standards: the median home dates to 1962, against 1980 for the U.S., so buyers will find more older houses, some of them due for updates. Even so, homes here are newer than in Manhattan overall, where the median home dates to 1956. The newest homes are mostly in the north, the oldest in the west.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Financial District
| Period | Financial District | Manhattan | New York area | New York | U.S. |
|---|---|---|---|---|---|
| 2006–10 | $1,745 | $1,332 | $1,268 | $1,095 | $965 |
| 2010–14 | $1,875 | $1,485 | $1,377 | $1,201 | $1,040 |
| 2015–19 | $3,021 | $1,922 | $1,645 | $1,426 | $1,213 |
| 2020–24 | $3,307 | $2,383 | $2,060 | $1,794 | $1,571 |
| Change | +$1,561 | +$1,051 | +$792 | +$698 | +$606 |
A typical rental in Financial District costs $3,307 a month with utilities, well above the national median of $1,571. Rent has climbed $1,561 a month since 2006–10, up 89%, faster than rents rose nationally. The typical renter here spends 28.2% of household income on rent, just under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally. The priciest rents are in the southwest; the most affordable are in the northeast.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Financial District
Bachelor's degrees in Financial District
| Period | Financial District | Manhattan | New York area | New York | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 77.3% | 57.2% | 35.0% | 31.9% | 28.4% |
| 2010–14 | 83.5% | 59.6% | 36.7% | 33.4% | 29.6% |
| 2015–19 | 85.8% | 62.2% | 39.9% | 36.2% | 32.1% |
| 2020–24 | 83.6% | 64.7% | 43.6% | 39.8% | 35.6% |
| Change | +6.3 pts | +7.5 pts | +8.6 pts | +8.0 pts | +7.2 pts |
College graduates are unusually common in Financial District: 83.6% of adults 25 and older have a bachelor's degree or higher, against 35.6% nationally. Education tends to track local incomes and the kinds of jobs nearby. The share with a degree is up 6.3 points from 2006–10, mirroring the country.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Financial District
| Period | Financial District | Manhattan | New York area | New York | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 95.7% | 84.9% | 83.7% | 84.0% | 84.9% |
| 2010–14 | 96.0% | 86.6% | 84.6% | 84.9% | 86.1% |
| 2015–19 | 97.1% | 87.8% | 86.2% | 86.5% | 87.7% |
| 2020–24 | 96.8% | 89.9% | 86.9% | 87.3% | 89.3% |
| Change | +1.1 pts | +5.0 pts | +3.3 pts | +3.3 pts | +4.3 pts |
High school completion is high in Financial District: 96.8% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%. The share with a diploma has edged up 1.1 points since 2006–10, a smaller shift than nationally.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Financial District
| Period | Financial District | Manhattan | New York area | New York | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 6.6% | 8.3% | 7.9% | 7.7% | 8.1% |
| 2010–14 | 4.5% | 8.6% | 9.5% | 9.2% | 9.4% |
| 2015–19 | 3.5% | 5.5% | 5.7% | 5.7% | 5.6% |
| 2020–24 | 3.9% | 8.2% | 6.9% | 6.6% | 5.4% |
| Change | −2.7 pts | −0.1 pts | −0.9 pts | −1.2 pts | −2.7 pts |
Unemployment in Financial District runs below the national rate: 3.9% of the labor force was out of work and looking, against 5.4% nationally. Unemployment is down 2.7 points from 2006–10, as it has nationally. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Financial District compared with nearby neighborhoods
| Neighborhood | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Financial District | 1.96 | 32.1 | 4.5% | 74.8% | 18.1% | 1962 | $3,307 | 83.6% | 96.8% | 3.9% |
| Battery Park | 2.29 | 39.8 | 9.0% | 70.5% | 15.5% | 1991 | $3,501 | 84.9% | 99.4% | 3.3% |
| Tribeca | 2.20 | 40.1 | 6.9% | 55.4% | 21.8% | 1960 | $3,238 | 84.3% | 97.6% | 3.5% |
| Chinatown | 2.21 | 49.8 | 4.5% | 75.5% | 23.4% | 1959 | $1,230 | 30.8% | 56.4% | 13.8% |
| Little Italy | 1.76 | 36.5 | 4.7% | 91.7% | 16.1% | 1942 | $2,406 | 68.8% | 85.3% | 6.5% |
| Brooklyn Heights | 1.94 | 38.9 | 4.2% | 49.4% | 11.1% | 1944 | $2,969 | 84.9% | 97.7% | 3.8% |
| Lower East Side | 2.13 | 43.0 | 9.1% | 81.9% | 12.6% | 1953 | $1,357 | 39.7% | 71.4% | 9.0% |
| Soho | 1.78 | 40.6 | 2.9% | 64.5% | 22.7% | 1952 | $3,014 | 89.7% | 99.4% | 2.9% |
| Dumbo | 2.12 | 36.3 | 12.3% | 58.2% | 10.1% | 1974 | $3,023 | 77.1% | 96.6% | 5.5% |
| Cobble Hill | 2.33 | 37.0 | 3.9% | 58.4% | 7.9% | 1938 | $3,177 | 85.1% | 97.7% | 7.7% |
| Columbia Street Waterfront District | 2.34 | 37.6 | 5.1% | 61.3% | 8.3% | 1947 | $2,823 | 82.8% | 96.2% | 4.7% |
All figures 2020–24.
Neighborhoods with similar populations: Beacon Hill, Seattle, WA · Woodhaven, Queens, NY · Brighton Park, Chicago, IL · Westland, Galloway, OH · Brea-Olinda, Brea, CA · Berryessa, San Jose, CA · Wheaton-Glenmont, Wheaton, MD · Bay Area, Corpus Christi, TX · Avondale, Chicago, IL · Almaden Valley, San Jose, CA
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Financial District. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links on this page. Please share or cite this page if you aren’t able to otherwise support our work.