BK Reader: Bed-Stuy, Crown Heights listed among the Nation’s Most Gentrified Areas
February 28 - According to a recent study published by RentCafe, five Brooklyn ZIP codes, including Bedford Stuyvesant/ Crown Heights, are among the 20 most gentrified areas in the United States. The real estate website analyzed data from the 2000 Census and the 2016 American Community Survey and looked at the changes that took place over a decade and a half in 11,000 US ZIP codes.
RentCafe’s report based its findings on three specific data points to determine the levels of gentrification: the median home value, the median household income and the share of residents that hold a bachelor’s or higher degree.
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