New York, NY Local Data & Statistics

State: NY

Total population: 8,483,844 Household income: $80,483 Rent: $1,821

Overview

Total population

8,483,844

Rent

$1,821

Year built

1952

Household income

$80,483

Per capita income

$51,844

Poverty rate

17.9%

Unemployment rate

5.2%

Household size

2.5 persons

Rent over 30% of income

49.8%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available, with the exception of the unemployment rate, which is sourced from the Bureau of Labor Statistics (BLS). ACS 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Demographics

State

New York

Total population

8,483,844

Adults over 25

6,084,747

Total households

3,334,088

Household size

2.5 persons

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Income & Poverty

Household income

$80,483

Per capita income

$51,844

Poverty rate

17.9%

Unemployment rate

5.2%

Rent over 30% of income

49.8%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Housing

Rent

$1,821

Year built

1952

Households that rent

67.2%

Households that own

32.8%

Rooms per home (all homes)

3.9

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Race

White

33.8%

Black

21.9%

Asian

14.7%

Two or more races

12.3%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Ethnicity

Hispanic or Latino

28.5%

Not Hispanic or Latino

71.5%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Commute

Commute rate

83.1%

Commute time to work

40 mins

Work from home

16.9%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Education

Less than high school

26.4%

High school graduate or GED

22.7%

Some college or associate degree

9.3%

Bachelor’s degree or higher

41.6%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Comparison of New York, NY with: New York State United States

New York, NY

Total population8,483,844

Rent$1,821

Year built1952

Household income$80,483

Per capita income$51,844

Poverty rate17.9%

Unemployment rate5.2%

New York State

Total population19,852,366

Rent$1,621

Year built1959

Household income$85,974

Per capita income$50,712

Poverty rate14%

Unemployment rate4.3%

United States

Total population334,922,499

Rent$1,413

Year built1980

Household income$80,734

Per capita income$44,673

Poverty rate12.5%

Unemployment rate4%

Metric	CityNew York, NY	StateNew York	CountryUnited States
Total population	8,483,844	19,852,366	334,922,499
Rent	$1,821	$1,621	$1,413
Year built	1952	1959	1980
Household income	$80,483	$85,974	$80,734
Per capita income	$51,844	$50,712	$44,673
Poverty rate	17.9%	14%	12.5%
Unemployment rate	5.2%	4.3%	4%

View the complete comparison of New York, NY, New York and United States →

Summary for New York, NY

New York City is located in New York.

Rent & Income

In New York City, the typical monthly rent is $1,821 and the typical household income is $80,483. Rent here is higher than both New York and the U.S., and household income is lower than New York and similar to the U.S. The estimated poverty rate is 17.9%, which is higher than in both New York and national.

Housing & Affordability

Renters make up about 67.2% of households, making this a predominantly renter area. About 49.8% of renters spend more than 30% of their income on housing, indicating high cost burden.

Education & Employment

Educational attainment is high, with about 41.6% of adults holding a bachelor’s degree or higher. The local unemployment rate is 5.2%, which is higher than both New York and the national rate.

New York, NY — Rent vs Household Income

New York, NY — Poverty vs Unemployment

How New York, NY compares in New York State (13 places)

Metric	This place	Rank	Starts from	Statewide range
Rent	$1,821	11 / 13	from lower rent	$951 – $2,269
Household income	$80,483	5 / 13	from higher income	$47,213 – $110,763
Poverty rate	17.9%	6 / 13	from lower poverty	10.1% – 28.8%
Unemployment rate	5.2%	13 / 13	from lower unemployment	2.8% – 5.2%

Rankings are calculated among cities and communities in New York State with total population > 50,000 (year 2024).

Detailed Ranking Explanation for New York, NY

Rent

New York City ranks 11th out of 13 large places in New York for rent. Statewide rents range from $951 in Utica, NY to $2,269 in White Plains, NY.

Household income

In terms of household income, New York City comes in 5th among 13 major places. Across New York, income levels vary from $47,213 in Rochester, NY to $110,763 in White Plains, NY.

Poverty rate

Looking at poverty, New York City ranks 6th out of 13 large places. Statewide poverty rates range from 10.1% in New Rochelle, NY to 28.8% in Syracuse, NY.

Unemployment rate

Unemployment levels put New York City in 13th place among 13 large places. Statewide unemployment spans from 2.8% in White Plains, NY to 5.2% in New York, NY.

💰 Rent in New York, NY (with Utilities)

Estimated Monthly Rent: $1,821 ℹ️ What’s Included:
✅ Base rent, electricity, gas, water/sewer, and heating fuels
❌ Not included: internet, cable TV, renter's insurance, parking

💡 What does this rent estimate mean?

Explanation: This estimate shows what renters typically pay each month for housing, including the apartment or home and essential utilities such as heat, water, and electricity. Even when utilities are billed separately, an estimated average cost for utilities is included, in line with the U.S. Census Bureau’s (ACS) definition of gross rent.

Included in this number: Rent plus electricity, gas, water/sewer, and heating fuel.

Not included: Internet, cable, parking, renter’s insurance, or furniture rental.

Note: This cost does not depend on the number of people living in the home.

👨‍👧‍👦 Household Income in New York, NY

Annual Household Income: $80,483

💡 What does Household Income mean?

Definition: This represents the middle value of all household incomes in this area — half of households earn less, and half earn more.

Includes: wages, salaries, self-employment income, Social Security, pensions, investments, unemployment, public assistance, and rental income.

Does NOT include: capital gains, non-cash benefits (like food stamps), or tax refunds.

Household = any group of people (or a single person) living in the same housing unit.

Example: A couple earning $40,000 and $30,000 together have a household income of $70,000. If that's in the middle of all local incomes, it's the value shown here.

📉 Poverty Rate in New York, NY

Estimated Rate: 17.9%

💡 What does the Poverty Rate represent?

Definition: The percentage of people in this area living below the federal poverty threshold.

How it works: The threshold is a dollar amount set by the U.S. Census Bureau that varies by family size and age. If a household's income is below that level, everyone in it is included in this rate.

Example: In a town of 10,000 people, if 1,500 have incomes below the poverty line, the poverty rate is 15%.

Note: This statistic only includes people living in households; it does not count those in student housing, military barracks, or nursing homes.

🏘️ Renter vs. Owner Households in New York, NY

In New York, NY, households that rent: 2,241,032 (67.2%)

📊 What does the renter household percentage reveal about this area?

Household Type	Count	Share
Renter-Occupied	2,241,032	67.2%
Owner-Occupied	1,093,056	32.8%

Definition: This is the percentage of households that rent their home rather than own it. It includes only occupied housing units.

Why it matters: Areas with a high share of renter households often have younger populations, higher mobility, and different housing needs compared to mostly owner-occupied areas.

Example: If 65% of homes in an area are renter-occupied, it means 65 out of every 100 households rent their home.

📉 Renters Spending Over 30% of Income on Rent in New York, NY

In New York, NY, cost-burdened renters (households spending over 30% of income on housing): 1,116,442 (49.8%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?

Household Group	Households	Share
Cost-burdened renters (over 30%)	1,116,442	49.8%
Other renter households	1,124,590	50.2%
Total renter households	2,241,032	100%

Shares are calculated as a percentage of renter households.

This shows how many renters in this area are considered cost-burdened — meaning they spend more than 30% of their income on housing (rent and basic utilities).

It’s a sign that housing might be unaffordable in the area or that lower-income residents may be struggling with rent.

Data comes from the U.S. Census Bureau’s American Community Survey.

📊 Education Levels in New York, NY

Less than High School: 1,604,916 people (26.4%)

Includes adults who did not complete high school.

High School Graduate or GED: 1,378,575 people (22.7%)

Includes adults whose highest education is a high school diploma or GED.

Some College or Associate Degree: 567,695 people (9.3%)

Includes adults who attended college without completing a bachelor’s degree (some college or associate degree).

Bachelor’s Degree or Higher: 2,533,561 people (41.6%)

Includes adults with a bachelor’s degree or higher (bachelor’s, master’s, professional, or doctoral degree).

👥 Total Adults (25+): 6,084,747

📊 Unemployment Rate in New York, NY

Estimated Rate: 5.2%

💡 What does Unemployment Rate mean?

Definition: The unemployment rate is the percentage of people in the labor force who do not have a job but are actively looking for one.

Labor Force = Employed + Unemployed (aged 16+ and actively participating in the workforce).

Formula: (Unemployed ÷ Labor Force) × 100

Does NOT include: People who are retired, students not looking for work, homemakers, or otherwise not seeking employment.

Example: If there are 1000 people in the labor force and 80 are unemployed, then the unemployment rate is 8%.

ℹ️ Have questions about how these statistics are calculated? See our data methodology & FAQs

Source: ACS 5-Year Estimates (U.S. Census Bureau) — unemployment rate from BLS. Some values are derived metrics.