What is the average nyc income
The average state and local taxes includes income, sales, and property taxes paid by an American is 9. But unfortunately, New York City is good at outperforming the rest of the United States when it comes to the cost of living.
According to Payscale. When adjusting for the high cost of living in New York City, the median household income shrinks even more. In terms of buying power, the family at the halfway mark can buy about half what the average American family can buy. In my mind, this really shows the grid and determination of most New Yorkers who battle to stay in the city.
Despite a median income similar to the rest of the nation, the highest state and local taxes of all 50 states, and the tremendously high cost of living, the average New Yorker finds a way to stay in this great city. To the audience: Were you as surprised as I was on the median household income of a New Yorker compared to the rest of the nation? Do you agree that New York City is the best city in the world?
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New York City is truly one of the best among the top tier cities. Can you make it work? Sure but we are looking for a great life smack down where all the action is, right? But I think it would be hard to be in baller status unless a young single. I think about this a lot. I absolutely do think New York is the best city in the world, not only are there so many amazing things to do here for free but living among one of the most diverse places in the world and riding the subway with people from all walks of life opens your eyes to different people, cultures and experiences.
The income outliers on the top end really distort the perception of what most people have of New York. Surely, there are billionaires and people making multiple millions a year in New York City. What would your net be on k? This figure takes into account everyone 16 and older with earnings.
Per capita income, on the other hand, is income averaged for everyone 16 or older living in the city. This makes it reliably much lower than all other figures because it includes non-earners as well. The data below comes from the U. The average salary in NYC is below the national average. Register for free Already a member? More information. Other statistics on the topic. Economy U. Fortune companies , by state.
Demographics Resident population in New York Demographics Population of New York, by race and ethnicity Profit from additional features with an Employee Account. Please create an employee account to be able to mark statistics as favorites. Then you can access your favorite statistics via the star in the header. Profit from additional features by authenticating your Admin account.
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If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty. From to , employment in New York, NY grew at a rate of 0. This chart illustrates the share breakdown of the primary jobs held by residents of New York, NY. This chart shows the share breakdown of the primary industries for residents of New York, NY, though some of these residents may live in New York, NY and work somewhere else. Census data is tagged to a residential address, not a work address.
In , the top outbound New York product by dollars was Misc. The following chart shows the share of these products in relation to all outbound New York products. The following chart shows how the domestic outbound New York trade is projected to change in comparison to its neighboring states. The following map shows the amount of trade that New York shares with each state excluding itself. The runner-up was Donald J. Trump The most partisan county was Bronx County, NY with In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.
New York is currently represented by 27 members in the U. In the presidential election, the popular vote in New York went to Hillary Rodham Clinton with The following chart shows the popular vote results in New York for each registered party from to The following chart shows elected senators in New York over time, excluding special elections, colored by their political party. Members of the House of Representives are elected to 2-year terms, and the following chart shows the how the members for New York have changed over time starting in In , universities in New York, NY awarded , degrees.
The student population of New York, NY is skewed towards women, with , male students and , female students. This visualization illustrates the percentage of students graduating with a Bachelors Degree from schools in New York, NY according to their major. In , the New York, NY institution with the largest number of graduating students was New York University with 17, degrees awarded.
In , 56, men were awarded degrees from institutions in New York, NY, which is 0. This chart displays the gender disparity between the top 5 institutions in New York, NY by degrees awarded. These 46, degrees mean that there were 1. The homeownership rate in New York, NY is People in New York, NY have an average commute time of Car ownership in New York, NY is lower than the national average, with an average of 0 cars per household. The following charts display, first, the property values in New York, NY compared to it's parent and neighbor geographies and, second, owner-occupied housing units distributed between a series of property value buckets compared to the national averages for each bucket.
In , the median household income of the 3. The following chart displays the households in New York, NY distributed between a series of income buckets compared to the national averages for each bucket. This chart shows the households in New York, NY distributed between a series of property tax buckets compared to the national averages for each bucket. In , This percentage declined from the previous year's rate of This percentage of owner-occupation is lower than the national average of This chart shows the ownership percentage in New York, NY compared it's parent and neighboring geographies.
Using averages, employees in New York, NY have a longer commute time Additionally, 7. The chart below shows how the median household income in New York, NY compares to that of it's neighboring and parent geographies.
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