November 4, 2012, Sunday, 308

User:Jleon

From The Peopling of New York City

Looking into some home loan (mortgage, refinancing, and home loans) data, I found something interesting which may be indicative of our oncoming(?) recession. In 2000, the average median income (that is an averaging of the median incomes of the 10 census tracts in Jackson Heights) for all home loan applicants in Jackson Heights was nearly $97,000. By 2006, that number dropped to just above $86,000. Now, since that number should probably be moving in the other direction as a result of gentrification, I think something is strange.

I'll just put the census tract breakdown and change for you to see:

Document1.jpg

I thought it would also be beneficial to track the changes in investment from 2000 to 2006 by census tract:

JH Investment.jpg

I think that if you compare this to a census tract map, you can get a good idea of where the money's going. I'm still working on figuring out the ethnicity information for 2006 (I don't have any for 2000), that information will come as soon as I get it. This information is courtesy of the Federal Financial Institutions Examination Council

JH censustracts.jpg Courtesy NYC Department of City Planning



I know I brought up the library circulation on another page, but now I have the exact numbers. In Community District 3 there are four libraries, here they are with their annual circulation.

Corona Library 38-23 104 St, 132,787 books.

East Elmhurst Library 95-06 Astoria Blvd, 76,193 books.

Jackson Heights Library 35-51 81 St, 733,411 books circulated annually.

Langston Hughes Library 100-01 Northern Blvd, 105,895 books.

So the JH Library has about three times the circulation of the other three libraries combined. What does this mean about the neighborhood? (NYC Dept. of City Planning)