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Income Distribution

Graph showing the distribution of household income in New York City in both 2000 and 2017-2021.

 

Racial/Ethnic Composition

Graph showing the racial and ethnic composition of New York City in both 2000 and 2017-2021.

Citywide Indicators

New York City Indicators
2000 2006 2010 2019 2021 2022
Demographics
Population 8,008,278 8,214,426 8,184,899 8,336,817 8,467,513 —
Population aged 65+ 11.7% 12.1% 12.2% 15.4% 16.3% —
Foreign-born population 35.9% 37.0% 37.2% 36.2% 36.4% —
Households with children under 18 years old 34.0% 32.3% 31.5% 27.1% 25.8% —
Racial diversity index 0.74 0.73 0.74 0.75 0.76 —
Income diversity ratio — 6.1 5.9 6.3 6.3 —
Median household income (2022$) $67,100 $65,320 $62,760 $77,390 $72,150 —
Poverty rate 21.2% 19.2% 20.1% 16.0% 18.0% —
Unemployment rate 9.6% 7.8% 11.2% 5.1% 11.8% —
Population aged 25+ with a bachelor’s degree or higher 27.4% 32.1% 33.4% 39.2% 41.0% —
Population aged 25+ without a high school diploma — 21.3% 20.4% 16.8% 16.1% —
Housing Market and Conditions
Homeownership rate 30.2% 34.4% 32.1% 31.9% 33.3% —
Rental vacancy rate — 3.8% 4.4% 3.3% 4.5% —
Severe crowding rate (% of renter households) — — 4.2% 4.5% 5.3% —
Serious housing code violations (per 1,000 privately owned rental units)1 — 60.9 60.2 85.6 87.9 100.2
Notices of foreclosure rate (per 1,000 1-4 unit and condo properties) 9.0 11.5 19.1 8.7 4.6 5.9
Home purchase loan rate (per 1,000 properties) — 42.8 20.2 20.2 29.7 —
Median sales price per unit, 1 unit building (2022$) $373,870 $641,220 $534,060 $668,970 $721,500 $720,000
Median sales price per unit, 2-4 unit building (2022$) $209,590 $377,660 $289,710 $420,520 $456,240 $449,500
Median sales price per unit, 5+ unit building (2022$) $73,640 $145,620 $129,410 $278,740 $256,410 $250,000
Median sales price per unit, condominium (2022$) $456,650 $857,110 $798,320 $1,075,930 $1,048,140 $1,050,000
Sales volume, all property types 33,454 53,415 27,657 26,315 32,520 35,201
Sales volume, 1 unit building 13,586 16,667 7,514 8,531 9,667 10,995
Sales volume, 2-4 unit building 13,702 20,773 7,809 7,464 7,301 10,597
Sales volume, 5+ unit building 1,324 2,358 1,227 963 1,158 1,363
Sales volume, condominium 4,842 13,617 11,107 9,357 14,394 12,246
Land Use and Development
Population density (1,000 persons per square mile) — 27.3 27.2 27.8 28.2 —
Units authorized by new residential building permits 15,544 44 7,328 28,666 23,352 68,610
Units issued new certificates of occupancy 13,603 24,982 22,074 25,135 28,381 25,814
Neighborhood Services and Conditions
Car-free commute (% of commuters) 63.8% 67.3% 69.4% 70.5% 62.2% —
Mean travel time to work (minutes) 40.0 39.0 38.7 41.7 39.8 —
Serious crime rate (per 1,000 residents) 23.1 15.8 12.9 11.6 11.7 14.2
Students performing at grade level in ELA, 4th grade — — — 49.6% — 43.6%
Students performing at grade level in math, 4th grade — — — 49.4% — 41.9%
Renters
Median rent, all (2022$) $1,200 $1,330 $1,450 $1,650 $1,700 —
Median rent, recent movers (2022$) — $1,670 $1,840 $2,240 $2,130 —
Rental units affordable at 80% AMI (% of recently available units) — 52.5% 44.9% 40.7% 40.7% —
Rental units affordable at 120% AMI (% of recently available units) — 81.7% 78.1% 76.0% 76.0% —
Severely rent-burdened households 23.7% 27.9% 29.1% 26.2% 30.1% —
Severely rent-burdened households, low income households — 43.9% 45.7% 44.1% 44.1% —
Housing choice vouchers (% of occupied, privately owned rental units) — — 6.9% 6.1% — —
Public housing (% of rental units) — — — — — 7.4%
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 1,217,790 1,827,639 2,464,120 2,614,667
Percentage change since 2000 56.1% −6.9% 14.1% −6.7%
Share of New York City population 14.4% 21.6% 29.1% 30.9%
Percentage point change since 2000 4.7 −2.9 2.1 −4.1
1 Foreign-born population 68.5% 30.2% 39.6% 21.9%
Percentage point change since 2000 −9.0 1.1 −1.6 −1.3
1 Population under 18 years old 17.3% 21.7% 24.9% 17.0%
Percentage point change since 2000 −13.4 −7.6 −5.7 −1.7
1 Population aged 65+ 17.7% 21.1% 24.4% 17.4%
Percentage point change since 2000 10.2 12.6 18.0 0.5
1 Disabled population 4.4% 10.7% 10.9% 6.7%
Median household income (2022$) $77,227 $55,382 $51,265 $103,033
Percentage change since 1999 7.2% 1.8% 5.4% 15.9%
1 Poverty rate 16.6% 20.9% 24.2% 11.4%
Percentage point change since 2000 −3.0 −4.8 −6.6 −0.1
1 Poverty rate, population under 18 years old 19.1% 28.1% 30.6% 15.5%
Percentage point change since 2000 −4.9 −5.7 −9.3 −0.6
1 Poverty rate, population aged 65+ 23.7% 17.4% 25.7% 11.9%
Percentage point change since 2000 −0.6 −5.9 −4.3 0.1
1 Unemployment rate 10.6% 15.2% 14.1% 8.4%
Percentage point change since 2000 4.2 1.0 0.3 3.1
1 Population aged 25+ with a bachelor’s degree or higher 44.9% 27.6% 22.3% 62.7%
Percentage point change since 2000 8.8 11.8 11.8 20.8
1 Population aged 25+ without a high school diploma 22.8% 13.9% 28.0% 5.0%
Percentage point change since 2000 −7.7 −15.7 −18.5 −10.2
Housing Market and Conditions
1 Homeownership rate 45.2% 27.6% 17.2% 43.3%
Percentage point change since 2000 10.6 3.1 3.2 6.8
Severe crowding rate (% of renter households) 9.4% 3.6% 7.1% 3.1%
2 Share of home purchase loans 36.7% 8.7% 8.8% 44.3%
Percentage point change since 2006 0.2 −0.1 −0.1 0.0
3 Share of refinance loans 21.2% 14.6% 10.5% 52.4%
Percentage point change since 2006 0.1 −0.2 −0.1 0.1
Neighborhood Services and Conditions
Car-free commute (% of commuters) 66.6% 67.3% 71.1% 73.7%
Mean travel time to work (minutes) 39.0 45.0 41.4 34.9
Students performing at grade level in ELA, 4th grade 65.7% 29.7% 29.4% 63.0%
Students performing at grade level in math, 4th grade 71.3% 24.0% 25.4% 62.7%
Renters
Median rent burden 37.1% 35.5% 36.6% 30.2%
Moderately rent-burdened households 22.9% 23.9% 26.3% 22.5%
Severely rent-burdened households 33.4% 33.9% 33.8% 26.1%
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.