HOUSING DATA PROFILE 2014
FREEPORT VILLAGE
Regional Plan Association, in consultation with Long Island Affordable and Fair Housing Task Force, created housing data profiles for Long Island’s towns, cities and villages with support from Citi Community Development and the Long Island Community Foundation. Each profile depicts information on housing supply, type, price and demographic information in graphic form. It is hoped that these profiles will be used to guide important discussions and decisions as communities across Long Island address current and future housing needs. The housing profiles include data from the 2013 American Community Survey, population projections from the Cornell Program on Applied Demographics, foreclosure data from Long Island Real Estate, and for comparisons across time the 2000 Census. The data is intended to provide a factual base for assessing a range of challenges that have been identified by researchers, the media, business leaders, housing advocates, public officials, civic organizations and community members. These include a shortage of affordable rental housing, an exodus of young adults, difficulties in attracting a talented workforce and the companies who hire them, and the needs of a growing elderly population.
42,976 Population 13,854 Households 63% of units are owner occupied 33% of units are renter occupied 4% of units are vacant $333,700 is the median home value 38%
of owners pay greater than 30% of their household income towards housing
$1,265 is the median gross rent 59%
of renters pay greater than 30% of their household income towards rent
$67,874 is the median household income 1
HOUSING DATA PROFILE 2014
FREEPORT VILLAGE
HOUSING INVENTORY
Housing Supply source: 2009-13 American Community Survey
The following metrics depict the types of housing that the community has to offer—the number of single-family and multifamily homes, the age of the housing stock, the number of people who own their own homes and those who rent. It shows the number of homes receiving some form of federal subsidy, and what type of housing is being built throughout the county. Together, these describe the range of housing choices available to residents in the community.
5,726 / 39%
8,778 / 61%
Freeport Single Family
99,409 / 21%
367,727 / 79%
Nassau County Multifamily
Housing Tenure
Federally Subsidized Housing
source: 2009-13 American Community Survey
source: HUD Picture of Subsidized Housing, 2013
650 / 4%
Vacant
355,915 / 76%
9,107 / 63%
Three Four Five+
Public Housing Section 8 Housing Voucher Choice Program Moderate Rehab Section 8 New Construction/Substantial Rehabilitation Section 236 Other Multi-Family Total units available through HUD programs
25,286 / 5% 86,040 / 18%
4,747 / 33%
Studio One Two
Renter Occupied Owner Occupied
Freeport
Nassau County
Age of Housing Stock
Housing Permits
source: 2009-13 American Community Survey
source: Census, Building Permits Survey 2000-2013
Housing Permits in Nassau County Built 2010 or later 0 / 0% Built 2000 to 2009 Built 1990 to 1999 Built 1980 to 1989 Built 1970 to 1979 Built 1960 to 1969
183 / 1% 714 / 5% 1,001 / 7% 2,034 / 14%
Built 1950 to 1959 Built 1940 to 1949 Built 1939 or earlier
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
245 / 2%
3,854 / 27% 1,333 / 9% 5,140 / 35%
Five or more units Three and Four Unit Two Unit Single Family
0 500 1000 1500 2000250030003500400045005000
2
352 428 0 97 100 0 977
HOUSING DATA PROFILE 2014
FREEPORT VILLAGE
OWNER OCCUPIED HOUSING
RENTER OCCUPIED HOUSING
Owner occupied housing comes in several types—singlefamily homes, townhouses, cooperatives and condominiums. Change in home value and foreclosure activity are vital measures of a housing market that has seen huge fluctuation over the last decade, and median home value indicates how affordable the average owner-occupied home is compared to others on Long Island.
Rental homes can be single-family houses and apartments in any size building. Housing wage looks at the amount of money a person working a full-time job would have to make in order to afford rental housing (in this case a one or two bedroom unit) without having to pay more than 30% of their income. The other charts describe the amount of money being made and the amount of money being spent on housing for the typical renter, and the share of renters paying different levels of rent.
Changing Home Values
Housing Wage
source: 2009-13 American Community Survey, 2000 Census 1 note: values are not inflation adjusted
source: National Low Income Housing Coalition, 2013
0-$99,999 $100,000-$199,999
352 153 1,050 2,013 2,004
$200,000-$299,999 $300,000-$399,999
228
$400,000 to $499,999
53 $500,000 to $749,999 39580 $750,000 to $999,999 0103 58 $1,000,000 or more 13
$24.71 $49,423 $30.44 $60,885
Housing wage for a one bedroom apartment in Nassau County: Housing wage for a two bedroom apartment in Nassau County:
4,931
per hour per year per hour per year
3,378
Renter Households
1,573
source: 2009-13 American Community Survey
Renter median income Median income of all households Median gross rent Median gross rent as propotion of renter median income
2013 2000
$34,575 $67,874 $1,265 44%
1. 2000 Census data used for comparisons over time
Foreclosure Activity
Rental Units by Gross Rent
source: LI Real Estate
source: 2009-13 American Community Survey
4,000 3,500 3,000 2,500 2,000 1,500 1,000 500
0
Nassau County
Studio
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 (part) 2007 2008 2009 2010 2011 2012
1000 551
$1000+
One
Median Home Value Freeport $333,700 in 2013 $175,400 in 2000
1,737
Two
source: 2009-13 American Community Survey, 2000 Census 1
2000
1,510
$750 - $999 $500 - $749 $300 - $499 $200 - $299
Nassau County $454,500 in 2013 $240,200 in 2000
Three+
1. 2000 Census data used for comparisons over time 3
747
0-$199
HOUSING DATA PROFILE 2014
FREEPORT VILLAGE
DEMOGRAPHICS
Population + Households
These metrics provide a deeper look into the makeup of the community. The living situations, the financial and racial diversity, and the age of the population owning or renting homes in the community are all illustrated here. In comparing housing costs to household income, it shows how many owners and renters pay over 30% of their income for housing. This metric illustrates the housing cost burden that is felt by households on Long Island and also generally highlights how housing cost burden further contributes to income inequality: in most cases lower income households are more likely to be paying greater than 30% of their income towards housing costs.
Population Households Average household size Proportion of residents that live in families Average family size Proportion of residents that live alone Proportion of households with someone under 18 in 2013 with someone under 18 in 2000 with someone over 65 in 2013 with someone over 65 in 2000
Area Median Household Income
Housing Costs and Household Income
source: 2014 HUD HOME Income Limits for 4 person household
120% AMI 100% AMI 80% AMI 50% AMI 30% AMI
Income Limits for Nassau and Suffolk Counties
source: 2009-13 American Community Survey
42,976 13,854 3.06 86.3% 3.66 10.6% 36.7% 43.5% 30.6% 24.5%
source: 2009-13 American Community Survey
$126,100 $105,100 $84,100 $52,550 $31,550
Number of Households 0
1000
2000
3000
4000
5000
0-$34,999 $35,000-$49,999 $50,000-$74,999 $75,000-$99,999
Race + Ethnicity
100000+
source: 2009-13 American Community Survey
23.8% 30.2% 2.4% 41.1% 0.1%
Renters paying less than 30% of income Renters paying greater than 30% of income Owners paying less than 30% of income Owners paying greater than 30% of income
Age of Heads of Household
Population Projections
source: 2009-13 American Community Survey
source: Cornell Program on Applied Demographics, 2011
25 to 44 years: 45 to 64 years: 65 years and over:
5,785 / 42% 202,824 / 46% 3,454 / 25% 119,043 / 27% Freeport Nassau County
4
0 ,00
70
0
0
,00
,00 60
50
0
0 ,00
,00 30
0 00
,00
20
10,
0-4 5-9 10-14 15-19 20-24 25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65-69 70-74 75-79 80-84 85+
4,451 / 32% 116,948 / 26%
0
Men
50
0 ,00
60
70
,00
164 / 1% 3,140 / 1%
0 ,00 0 40 ,00 0 30 ,00 0 20 ,00 0 10, 00 0
Women
under 25 years:
40
Percent White, non Hispanic Percent Black, non Hispanic Percent Asian, non Hispanic Percent Hispanic Percent American Indian
2010 2040
