East Village

East Village lies between east of Greenwich Village, south of Gramercy and Stuyvesant Town, and north of the Lower East Side. Within the East Village are several smaller neighborhoods, including Alphabet City and The Bowery. The area was once generally considered to be part of the Lower East Side, but began to develop its own identity and culture in the 1960s, when many artists, musicians, students and hippies began to move into the area, attracted by cheap rents and the base of Beatniks that had lived there since the 1950s.
 
The neighborhood has become a center of the counterculture in New York, and is known as the birthplace and historical home of many artistic movements, including punk rock and the Nuyorican literary movement. It has also been the site of protests and riots. The East Village is still known for its diverse community, vibrant nightlife and artistic sensibility, although in recent decades gentrification has changed the character of the neighborhood somewhat. 
 
Until the mid-1960s, the area was simply the northern part of the Lower East Side, with a similar culture of immigrant, working class life. In the 1950s the migration of Beatniks into the neighborhood later attracted hippies, musicians and artists well into 1960s. The area was dubbed the "East Village", to dissociate it from the image of slums evoked by the Lower East Side. Over the last 100 years, the East Village – and the Lower East Side – have contributed significantly to American arts and culture in New York. The neighborhood has been the birthplace of cultural icons and movements from the American gangster to the Warhol Superstars, folk music to punk rock, anti-folk to hip-hop, advanced education to organized activism, experimental theater to the Beat Generation and the community of experimental musicians, composers and improvisers now loosely known as the Downtown Scene. 
 

Demographic:

  • Median Age: 37.87

  • Population Density (ppl / mile): 110,264

  • Households with Children: 19%

  • Annual Residential Turnover: 20%

  • Median Income: $ 48,941

  • Crime: 0.97 (National average: 1.0)
     

Average Property Price

Sale: (Per Square Feet)

  • 1 bedroom $ 1,062.36
  • 2 bedrooms $ 1, 034.60
  • 3 bedrooms from $ 1, 147.19

Rental: (Per Month)

  • 1 bedroom $ 2,707.86
  • 2 bedrooms $ 43, 772.89
  • 3 bedrooms $ 5, 396.67