Report: There are more rich people in Brooklyn now
Bill de Blasio's "Tale of Two Cities" campaign mantra can now be applied to his home borough of Brooklyn.
Two of the ten wealthiest census tracts in New York City are now in Brooklyn, according to an Independent Budget Office report released yesterday that analyzed 2011 census data.
That's two more than were in Brooklyn in 2000, when all of the wealthiest census districts were in Manhattan, save one, which was in Riverdale up in the Bronx.
Those two new entrants into the top ten are DUMBO and Brooklyn Heights, which each saw their median household income jump more than 45 percent in the past decade.
The rest of the wealthiest top ten were in Manhattan, six of them on the Upper East Side.
"Wealth tends to be geographically concentrated in New York City, poverty more dispersed," reads the IBO report, available here.
At the same time, Brooklyn has grown poorer too.
While in 2000, four of the ten poorest tracts were in Brooklyn (including two in Brownsville), in 2011, five of them were in Brooklyn (two of them still in Brownsville).
The city's poorest census tract is in Coney Island, where the average income was $9,500 in 2011. The wealthiest, on the Upper East Side, had an average income of $247,200.