Population 29,240 · Census ACS 2020–24
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Population and households in Kips Bay
Household size in Kips Bay
| Period | Kips Bay | Manhattan | New York area | New York | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 1.84 | 2.15 | 2.79 | 2.68 | 2.68 |
| 2010–14 | 1.79 | 2.16 | 2.85 | 2.72 | 2.73 |
| 2015–19 | 1.81 | 2.12 | 2.82 | 2.69 | 2.71 |
| 2020–24 | 1.75 | 2.08 | 2.79 | 2.65 | 2.65 |
| Change | −0.09 | −0.07 | −0.00 | −0.03 | −0.03 |
Households in Kips Bay are small: just 1.75 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 edged down from 1.84, as it has nationally.
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 Kips Bay
| Period | Kips Bay | Manhattan | New York area | New York | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 35.1 | 37.5 | 38.0 | 38.3 | 37.7 |
| 2010–14 | 35.3 | 38.2 | 38.7 | 39.0 | 38.6 |
| 2015–19 | 36.2 | 39.4 | 39.8 | 40.2 | 39.6 |
| 2020–24 | 37.0 | 40.4 | 40.4 | 40.8 | 40.1 |
| Change | +1.9 | +2.8 | +2.4 | +2.5 | +2.3 |
The median resident of Kips Bay is 37.0 years old, a few years younger than the national median of 40.1. The median age has climbed from 35.1 in 2006–10, as it has nationally. Residents skew youngest in the southwest and oldest in the east.
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 Kips Bay
| Period | Kips Bay | Manhattan | New York area | New York | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 5.1% | 10.5% | 13.1% | 13.1% | 12.3% |
| 2010–14 | 4.4% | 9.5% | 12.8% | 12.7% | 12.3% |
| 2015–19 | 4.9% | 8.5% | 11.4% | 11.6% | 11.6% |
| 2020–24 | 4.6% | 8.9% | 11.6% | 11.6% | 11.6% |
| Change | −0.6 pts | −1.6 pts | −1.5 pts | −1.5 pts | −0.6 pts |
Single parents head only 4.6% of households in Kips Bay, well below the national share of 11.6%. The single-parent share is down 0.6 points from 2006–10, in line with the national trend.
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 Kips Bay
Renters in Kips Bay
| Period | Kips Bay | Manhattan | New York area | New York | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 79.5% | 77.2% | 47.1% | 44.8% | 33.3% |
| 2010–14 | 77.4% | 77.4% | 48.7% | 46.2% | 35.6% |
| 2015–19 | 73.9% | 75.9% | 48.8% | 46.2% | 36.0% |
| 2020–24 | 75.2% | 74.9% | 48.6% | 45.7% | 34.8% |
| Change | −4.3 pts | −2.2 pts | +1.5 pts | +0.9 pts | +1.5 pts |
Most households in Kips Bay rent: 75.2% of occupied homes are rented, far above the national share of 34.8%. Expect more apartments, and more turnover, than in owner-heavy areas. About half of owners (49.9%) have paid off their mortgages, well above the national share of 39.8%. Since 2006–10, the renter share has fallen 4.3 points, 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 Kips Bay
| Period | Kips Bay | Manhattan | New York area | New York | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 11.3% | 12.8% | 9.1% | 10.3% | 11.4% |
| 2010–14 | 12.7% | 13.1% | 9.0% | 10.4% | 11.4% |
| 2015–19 | 15.5% | 13.8% | 9.1% | 11.0% | 11.1% |
| 2020–24 | 18.9% | 15.4% | 7.9% | 9.7% | 9.6% |
| Change | +7.5 pts | +2.7 pts | −1.2 pts | −0.6 pts | −1.8 pts |
Vacant homes make up 18.9% of the housing in Kips Bay, 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 7.5 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 Kips Bay
| Period | Kips Bay | Manhattan | New York area | New York | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 1965 | 1952 | 1957 | 1956 | 1974 |
| 2010–14 | 1964 | 1954 | 1958 | 1957 | 1975 |
| 2015–19 | 1967 | 1954 | 1959 | 1958 | 1977 |
| 2020–24 | 1968 | 1956 | 1962 | 1961 | 1980 |
| Change | +2 | +4 | +5 | +5 | +6 |
The housing in Kips Bay is old by national standards: the median home dates to 1968, against 1980 for the U.S., so buyers will find more older houses, some of them due for updates. Still, homes here are newer than in Manhattan overall, where the median home dates to 1956. Newer construction is concentrated in the southeast, while the southwest has the oldest housing.
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 Kips Bay
| Period | Kips Bay | Manhattan | New York area | New York | U.S. |
|---|---|---|---|---|---|
| 2006–10 | $1,540 | $1,332 | $1,268 | $1,095 | $965 |
| 2010–14 | $1,613 | $1,485 | $1,377 | $1,201 | $1,040 |
| 2015–19 | $2,220 | $1,922 | $1,645 | $1,426 | $1,213 |
| 2020–24 | $2,709 | $2,383 | $2,060 | $1,794 | $1,571 |
| Change | +$1,169 | +$1,051 | +$792 | +$698 | +$606 |
Rent in Kips Bay runs $2,709 a month at the median, utilities included, well above the U.S. median of $1,571. Rents are up $1,169 a month from 2006–10, a 76% jump, faster than rents rose nationally. Rent takes 30.9% of the typical renter's income, just over the 30% mark often used to define affordable rent. Renters on a budget will find the lowest rents in the south; the highest are in the north.
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 Kips Bay
Bachelor's degrees in Kips Bay
| Period | Kips Bay | Manhattan | New York area | New York | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 71.2% | 57.2% | 35.0% | 31.9% | 28.4% |
| 2010–14 | 69.8% | 59.6% | 36.7% | 33.4% | 29.6% |
| 2015–19 | 72.5% | 62.2% | 39.9% | 36.2% | 32.1% |
| 2020–24 | 72.9% | 64.7% | 43.6% | 39.8% | 35.6% |
| Change | +1.6 pts | +7.5 pts | +8.6 pts | +8.0 pts | +7.2 pts |
College graduates are unusually common in Kips Bay: 72.9% 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 1.6 points from 2006–10, a smaller shift than nationally.
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 Kips Bay
| Period | Kips Bay | Manhattan | New York area | New York | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 92.9% | 84.9% | 83.7% | 84.0% | 84.9% |
| 2010–14 | 94.6% | 86.6% | 84.6% | 84.9% | 86.1% |
| 2015–19 | 94.0% | 87.8% | 86.2% | 86.5% | 87.7% |
| 2020–24 | 96.7% | 89.9% | 86.9% | 87.3% | 89.3% |
| Change | +3.8 pts | +5.0 pts | +3.3 pts | +3.3 pts | +4.3 pts |
High school completion is high in Kips Bay: 96.7% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%. The share with a diploma has risen 3.8 points since 2006–10, as it has 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 Kips Bay
| Period | Kips Bay | Manhattan | New York area | New York | U.S. |
|---|---|---|---|---|---|
| 2006–10 | 6.2% | 8.3% | 7.9% | 7.7% | 8.1% |
| 2010–14 | 6.5% | 8.6% | 9.5% | 9.2% | 9.4% |
| 2015–19 | 2.9% | 5.5% | 5.7% | 5.7% | 5.6% |
| 2020–24 | 6.7% | 8.2% | 6.9% | 6.6% | 5.4% |
| Change | +0.5 pts | −0.1 pts | −0.9 pts | −1.2 pts | −2.7 pts |
Jobs have been a little harder to find in Kips Bay than nationally: unemployment was 6.7%, against 5.4%. Even so, the rate is lower than in Manhattan overall (8.2%). 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).
Kips Bay 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Kips Bay | 1.75 | 37.0 | 4.6% | 75.2% | 18.9% | 1968 | $2,709 | 72.9% | 96.7% | 6.7% |
| Gramercy | 1.82 | 37.5 | 6.0% | 77.9% | 17.6% | 1954 | $3,002 | 83.8% | 96.8% | 4.9% |
| Murray Hill | 1.74 | 38.4 | 3.4% | 66.1% | 20.8% | 1967 | $3,164 | 86.0% | 98.0% | 3.6% |
| Garment District | 1.50 | 35.8 | 5.3% | 77.8% | 19.6% | 1987 | $3,401 | 75.9% | 94.6% | 4.2% |
| East Village | 1.91 | 36.5 | 6.4% | 83.2% | 10.9% | 1950 | $2,280 | 63.0% | 89.4% | 7.3% |
| Chelsea | 1.72 | 39.5 | 5.9% | 71.9% | 18.0% | 1969 | $2,834 | 74.2% | 93.6% | 6.6% |
| Greenwich Village | 1.79 | 37.9 | 3.1% | 60.4% | 20.0% | 1946 | $3,065 | 88.0% | 98.6% | 5.7% |
| North Sutton Area | 1.84 | 49.5 | 4.3% | 46.1% | 22.0% | 1958 | $2,933 | 85.4% | 98.7% | 5.6% |
| Midtown | 1.71 | 42.3 | 2.8% | 69.8% | 25.6% | 1969 | $3,083 | 82.1% | 97.8% | 4.9% |
| West Village | 1.71 | 41.5 | 2.1% | 68.9% | 19.6% | 1947 | $2,942 | 85.2% | 98.6% | 7.9% |
| Clinton | 1.63 | 38.8 | 4.2% | 89.6% | 14.1% | 1987 | $2,830 | 77.4% | 95.4% | 7.6% |
All figures 2020–24.
Neighborhoods with similar populations: Rhodes Ranch, Spring Valley, NV · Carrollwood, Tampa, FL · West Lawn, Chicago, IL · Capitol, Madison, WI · Northwest, Reno, NV · Millard, Omaha, NE · North Side, Mount Vernon, NY · Active Bethel, Eugene, OR · Mililani Waipio Melemanu, Mililani, HI · Los Feliz, Los Angeles, 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 Kips Bay. 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.
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