Downtown Brooklyn Quick Facts 2023

Downtown Brooklyn

Quick Facts

Produced by Downtown Brooklyn Partnership, 2023 Edition

One of America’s fastest-growing downtowns Job Growth

Population Growth

Business Growth

(2010-2022)

(2010-2022)

(2010-2022)

+35%

+51%

+85%

+29,594 new residents

64,467

+28,031 new jobs

+1,489 new firms

5,719

36,669

4,230

55,385

83,416

Scientific, tech and information jobs grew 119% (+5,983 new jobs)

Sources: U.S. Census Bureau (Population Growth, core Downtown Census Tracts); New York State Department of Labor; Quarterly Census of Employment and Wages (QCEW) (Business and Job Growth, Zip Codes 11201, 11217))

© Downtown Brooklyn Partnership, 2023

Downtown Brooklyn by the numbers Local Residents

64,000+ residents

35.9 yrs 12,300+

$156,977 median household income

Sources: U.S. Census Bureau American Community Survey (ACS) 2021 All photos: Downtown Brooklyn Partnership

average age

new residents recently moved to DTBK

77%

20%

of residents have at least a bachelor’s degree

19%

of residents are foreign-born

of households with school-aged children

© Downtown Brooklyn Partnership, 2023

Live, shop + dine in the heart of Brooklyn 22,000+ new housing units

7,300+

4,500+

73K+

since 2004

new affordable units since 2004

new housing units in the pipeline

daily pedestrians

Sources: DBP Development Matrix; DBP storefront retail inventory; Springboard pedestrian cameras Photos: Kenneth Felder, Downtown Brooklyn Partnership, DeKalb Market Hall

150+ apparel +

17+

225+

20+

30+

$1.6B

31 coffee shops

6

accessories shops

arts + cultural institutions

fitness centers

annual sales volume

eateries

cuisines

full-service supermarkets © Downtown Brooklyn Partnership, 2023

Growing Talent in Downtown Brooklyn Education

40K+

college + graduate students

Workforce + Innovation

6

higher education institutions

84,000+

fastest job growth (2017-2022)

jobs

software publishers +53% computer systems design +10%

9,800

seats at K-12 schools

2.2M

workers live within a 30-minute commute

Sources: DBP Development Matrix; DBP educational institutions inventory; Quarterly Census of Employment and Wages (QCEW); U.S. Census Bureau American Community Survey (ACS) 2021 Photos: Downtown Brooklyn Partnership

architectural & engineering services +9% motion picture & video industries +3%

share of NYC’s talent that lives within a 30 min commute architects 81% software developers 79% producers & directors 79% financial & investment analysts 75% © Downtown Brooklyn Partnership, 2023

The best of NYC within minutes Steps away from top art, entertainment, parks, and recreation

Long Island City

Grand Central Terminal

Arts & Culture 13 subway lines 11 commuter trains 24 Citi Bike stations

Manhattan

Photo: Giles Ashford

25

al to ntr ns Ce mi and Gr

A.R.T/NY South Oxford Brooklyn Academy of Music Brooklyn Ballet Brooklyn Paramount Theater Barclays Center BRIC Mark Morris Dance Center MoCADA New York Transit Museum Theatre for a New Audience

10

Wall Street

mins to Wall Street

Downtown 4 5 Brooklyn

min s Int’l to JFK Airp ort

Photo: Michael Meysarosh

© Downtown Brooklyn Partnership, 2023