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Income Distribution

 

Racial/Ethnic Composition

 

Citywide Indicators

New York City Indicators
2000 2006 2010 2019 2023 2024
Demographics
Population 8,008,278 8,214,426 8,184,899 8,336,817 8,258,035 —
Population aged 65+ 11.7% 12.1% 12.2% 15.4% 17.3% —
Foreign-born population 35.9% 37.0% 37.2% 36.2% 37.5% —
Households with children under 18 years old 34.0% 32.3% 31.5% 27.1% 25.3% —
Racial diversity index 0.74 0.73 0.74 0.75 0.76 —
Income diversity ratio — 6.1 5.9 6.3 6.8 —
Median household income (2023$) $72,300 $70,390 $67,630 $83,390 $79,480 —
Poverty rate 21.2% 19.2% 20.1% 16.0% 18.2% —
Unemployment rate 9.6% 7.8% 11.2% 5.1% 6.3% —
Population aged 25+ with a bachelor’s degree or higher 27.4% 32.1% 33.4% 39.2% 42.5% —
Population aged 25+ without a high school diploma — 21.3% 20.4% 16.8% 15.8% —
Housing Market and Conditions
Homeownership rate 30.2% 34.4% 32.1% 31.9% 32.5% —
Rental vacancy rate — 3.8% 4.4% 3.3% 2.9% —
Severe crowding rate (% of renter households) — — 4.2% 4.5% 5.3% —
Serious housing code violations (per 1,000 privately owned rental units)1 — 60.9 60.2 85.6 123.3 142.7
Notices of foreclosure rate (per 1,000 1-4 unit and condo properties) 9.0 11.5 19.1 8.7 — —
Home purchase loan rate (per 1,000 properties) — 42.8 20.2 20.2 15.8 —
Median sales price per unit, 1 unit building (2023$) $402,880 $690,980 $575,500 $720,890 $736,930 $740,000
Median sales price per unit, 2-4 unit building (2023$) $225,860 $406,910 $312,200 $452,810 $459,280 $455,000
Median sales price per unit, 5+ unit building (2023$) $79,360 $156,770 $139,330 $300,370 $235,890 $220,000
Median sales price per unit, condominium (2023$) $492,080 $923,320 $860,280 $1,159,430 $1,032,730 $995,000
Sales volume, all property types 33,454 53,419 27,666 26,296 27,852 26,778
Sales volume, 1 unit building 13,586 16,667 7,514 8,523 9,035 8,574
Sales volume, 2-4 unit building 13,702 20,773 7,812 7,460 8,459 7,693
Sales volume, 5+ unit building 1,324 2,363 1,230 967 1,015 1,014
Sales volume, condominium 4,842 13,616 11,110 9,346 9,343 9,497
Land Use and Development
Population density (1,000 persons per square mile) — 27.3 27.2 27.8 27.5 —
Units authorized by new residential building permits 15,544 44 7,336 28,419 16,420 15,626
Units issued new certificates of occupancy 13,603 24,982 22,859 25,135 28,608 34,049
Neighborhood Services and Conditions
Car-free commute (% of commuters) 63.8% 67.3% 69.4% 70.5% 68.0% —
Mean travel time to work (minutes) 40.0 39.0 38.7 41.7 40.1 —
Serious crime rate (per 1,000 residents) 23.1 15.9 12.9 11.7 14.3 13.6
Students performing at grade level in ELA, 4th grade — — — 49.6% 52.5% 50.2%
Students performing at grade level in math, 4th grade — — — 49.4% 52.3% 58.1%
Renters
Median rent, all (2023$) $1,290 $1,430 $1,570 $1,780 $1,810 —
Median rent, recent movers (2023$) — $1,800 $1,980 $2,410 $2,510 —
Rental units affordable at 80% AMI (% of recently available units) — 52.5% 44.7% 40.7% 48.8% —
Rental units affordable at 120% AMI (% of recently available units) — 81.7% 78.0% 76.0% 74.9% —
Severely rent-burdened households 23.7% 27.9% 29.1% 26.2% 28.9% —
Severely rent-burdened households, low income households — 43.9% 45.7% 44.1% 43.1% —
Housing choice vouchers (% of occupied, privately owned rental units) — — 6.9% 6.1% 6.0% —
Public housing (% of rental units) — — — — — 6.8%
1 In 2019 some violations types were reclassified into the most serious class, resulting in an increase in this indicator.

 

Citywide Indicators, by Race/Ethnicity

New York City Indicators by Race and Ethnicity
Asian Black Hispanic White
Demographics
Population 1,237,189 1,817,078 2,347,050 2,560,722
Percentage change since 2000 58.6% −7.4% 8.6% −8.6%
Share of New York City population 15.0% 22.0% 28.4% 31.0%
Percentage point change since 2000 5.3 −2.5 1.4 −4.0
1 Foreign-born population 68.9% 30.7% 42.0% 22.1%
Percentage point change since 2000 −8.7 1.7 0.8 −1.0
1 Population under 18 years old 16.5% 20.4% 23.6% 16.9%
Percentage point change since 2000 −14.2 −8.9 −7.0 −1.8
1 Population aged 65+ 17.4% 17.3% 13.7% 21.2%
Percentage point change since 2000 9.9 8.8 7.2 4.4
1 Disabled population 5.4% 12.7% 11.9% 6.3%
Median household income (2023$) $87,994 $61,583 $55,825 $115,485
Percentage change since 1999 17.6% 9.0% 10.6% 25.1%
1 Poverty rate 16.8% 21.7% 24.8% 11.5%
Percentage point change since 2000 −2.8 −4.0 −5.9 0.0
1 Poverty rate, population under 18 years old 19.1% 30.2% 32.2% 16.3%
Percentage point change since 2000 −4.9 −3.6 −7.8 0.1
1 Poverty rate, population aged 65+ 26.0% 22.4% 32.4% 13.6%
Percentage point change since 2000 1.7 −0.9 2.4 1.9
1 Unemployment rate 4.8% 8.5% 7.6% 5.1%
Percentage point change since 2000 −1.6 −5.6 −6.2 −0.2
1 Population aged 25+ with a bachelor’s degree or higher 46.3% 28.9% 22.9% 64.6%
Percentage point change since 2000 10.1 13.1 12.4 22.7
1 Population aged 25+ without a high school diploma 22.8% 14.2% 27.2% 4.9%
Percentage point change since 2000 −7.7 −15.3 −19.3 −10.3
Housing Market and Conditions
1 Homeownership rate 47.1% 26.7% 16.4% 41.3%
Percentage point change since 2000 12.5 2.2 2.4 4.8
Severe crowding rate (% of renter households) 9.4% 3.7% 6.0% 4.0%
2 Share of home purchase loans 37.0% 10.2% 9.9% 41.1%
Percentage point change since 2006 17.5 −9.7 −6.5 −2.7
3 Share of refinance loans 12.7% 28.1% 11.6% 45.8%
Percentage point change since 2006 4.2 −6.6 −5.4 6.5
Neighborhood Services and Conditions
Car-free commute (% of commuters) 69.5% 69.1% 72.9% 72.3%
Mean travel time to work (minutes) 41.4 43.1 41.2 36.4
Students performing at grade level in ELA, 4th grade 68.7% 39.1% 37.1% 68.2%
Students performing at grade level in math, 4th grade 82.6% 44.5% 43.2% 76.4%
Renters
Median rent burden 34.1% 34.4% 35.7% 30.4%
Moderately rent-burdened households 24.8% 22.8% 23.4% 22.9%
Severely rent-burdened households 30.5% 31.5% 33.7% 25.5%
1 It is not possible to disaggregate the data for Black and Asian New Yorkers by Hispanic ethnicity, therefore some double counting may occur.
2 Values indicate race/ethnic share of all home purchase loans.
3 Values indicate race/ethnic share of all refinance loans.

 

Employment Status

 

Household Income, By Household Type

 

Shelter Population

 

Asylum Seekers in City Funded Shelters

 

Subway Ridership