ExecutivePulse
NY

New York

FIPS 36 · Population 19,852,366
6 Sources Updated June 22, 2026
19.9M
Population
334,922,499 U.S.
$85,974
Median Income
$80,734 national
$2,322.1B
GDP
4.2%
Unemployment
4% national

County Map

Click a county to view its economic profile

Demographics & Population

Census Bureau American Community Survey 2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2024 5-Year Estimates
Median Household
$85,974
Per Capita
$50,712
Mean Household
$128,247
Poverty Rate
14%

Age & Race / Ethnicity

Source: Census Bureau ACS 2024 · Tables B01001, B02001, B03003
65+: 17.9% (3,554,028 residents) 55-64: 13.3% (2,643,974 residents) 35-54: 25.2% (5,003,354 residents) 18-34: 23.1% (4,585,698 residents) Under 18: 20.5% (4,065,312 residents) 40 Median Age
Cohorts
Under 18 · 20.5%
18-34 · 23.1%
35-54 · 25.2%
55-64 · 13.3%
65+ · 17.9%
Race & Ethnicity
White55.2%
Black or African American14.4%
Asian9.1%
Hispanic or Latino(any race)19.8%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2024 · Table B15003 · Population 25+
88%
High School+
National: 89.6%
▼ 1.6 pts
40.2%
Bachelor's+
National: 35.7%
▲ +4.5 pts
17.9%
Graduate+
National: 14.1%
▲ +3.8 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2024 5-Year Estimates
19,852,366
Population
10,195,355
Labor Force
Employed
9,523,591
Unemployment Rate BLS LAUS 2024 annual
4.2%
Mean Commute 6 min above national avg
32.6 min
Work From Home vs 15.1% national
14.9%
New York's median household income sits 6% above the national median. At 14%, its poverty rate runs 1.5 pts above the ~12.5% national level, relevant for federal funding eligibility narratives. Bachelor's-or-higher attainment of 40.2% exceeds the national average of 35.7%.
Source: U.S. Census Bureau American Community Survey 2024 5-Year Estimates (released December 2025). Figures reflect the most recent Census release, older news reports may cite prior vintages.
Key Takeaways
  • Broadly in line with U.S. norms across income, poverty, education, and age.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$2,322.1B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · SAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
IndustryEmployment% of Top SectorsAvg Wage
1Health Care and Social Assistance
1,883,923 27.8%
$65,616
2Retail Trade
831,711 12.3%
$50,150
3Accommodation and Food Services
753,311 11.1%
$39,756
4Professional, Scientific, and Technical Services
716,134 10.6%
$163,794
5Finance and Insurance
541,230 8.0%
$333,777
6Administrative and Support and Waste Management
521,997 7.7%
$73,812
7Manufacturing
401,323 5.9%
$87,274
8Construction
384,869 5.7%
$92,954
9Transportation and Warehousing
373,994 5.5%
$65,849
10Educational Services
366,834 5.4%
$84,538
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Key Takeaways
  • Largest sector: Health Care and Social Assistance employs 1,883,923 workers (27.8% of the tracked sectors), at an average wage of $65,616.
  • Economic scale: State GDP of $2,322.1B (2024).
Source: BLS QCEW + BEA Regional GDP.

Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces specialization the supersector view masks.
4.51x
64,761
Transit and Ground Passenger Transportation
4.21x
149,437
Securities, Commodity Contracts, Investments
3.22x
223,616
Web Search Portals, Libraries, and Archives
2.79x
30,988
Internet Publishing and Broadcasting
2.44x
51,983
Motion Picture and Sound Recording Industries
2.21x
50,150
Educational Services
1.80x
366,834
Social Assistance
1.76x
550,563
Museums, Historical Sites, and Similar
1.75x
19,845
Performing Arts, Spectator Sports, and Related
1.73x
62,964

Attraction Opportunities - Below-Average Industries

LQ < 0.5, below-average employment, potential attraction targets. Source: BLS QCEW · 3-digit NAICS sub-sector
0.02x
Support Activities for Mining
389 employed
0.03x
Oil and Gas Extraction
195 employed
0.10x
Pipeline Transportation
364 employed
0.12x
Support Activities for Agriculture and Forestry
2,858 employed
0.16x
Transportation Equipment Manufacturing
17,454 employed
0.20x
Forestry and Logging
575 employed
0.25x
Fishing, Hunting and Trapping
117 employed
0.25x
Petroleum and Coal Products Manufacturing
1,699 employed
Key Takeaways
  • Top specialization: concentrates at 4.51x the national norm, strong concentration that anchors the local economy.
  • Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base across the state.
  • Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment.
Source: BLS QCEW sub-sector Location Quotients.
Industry Employment Composition
New York's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of the top private supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2025 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2024 5-Year Estimates · Tables B25001, B25077, B25064
$423,800
Median Home Value vs 2019
$1,621
Rent/Mo
54.3%
Owner-Occ
10%
Vacancy
4.9x
Home Value to Income Ratio
vs. ~4.1x national average

HUD Fair Market Rents (Statewide)

Renter-household-weighted average across 62 Fair Market Rent areas · Source: HUD · Fair Market Rents FY2026
Studio
$2,120/mo$680 to $2,529
1 Bedroom
$2,253/mo$754 to $2,655
2 Bedroom
$2,520/mo$973 to $2,910
3 Bedroom
$3,154/mo$1,232 to $3,644
4 Bedroom
$3,435/mo$1,291 to $3,959
30% of monthly median household income (~$2,149/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • In line with national: Home value to income ratio of 4.9x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
Source: Census ACS housing tables.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2024 · Tables B01001, B23025, B08303, B08301
12,233,026
Working Age (18-64) vs 2019
Labor force participation rate: 64.6% of working-age population (18-64) 65% Participation
▼ vs 2019
Mean Commute
32.6 min
Work From Home
14.9%

Education & Talent Pipeline

Source: Census ACS 2024 · Table B15003 · College Scorecard
Bachelor's+
40.2%
HS Diploma+
88%
Top Institutions
Degrees, certificates, and other credentials awarded last academic year (College Scorecard).
New York University 18,769/yr
Columbia University in the City of New York 14,565/yr
University at Buffalo 9,530/yr
Cornell University 8,800/yr
Stony Brook University 8,368/yr
Syracuse University 7,300/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
21.6%
55-64 of working-age population (18-64)
Elevated retirement risk, above the 20% threshold. Succession planning recommended.

Workforce by Occupation

Source: Census ACS 2024 · Table C24010 · Civilian employed population 16+
Management / Professional
46.2%
Service
18.7%
Sales & Office
18.9%
Construction / Maint.
6.6%
Production / Transport
9.6%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 9,523,591 employed workers.
Key Takeaways
Source: ACS workforce data.

County Profiles

62 counties in New York

Albany County FIPS 36001 Allegany County FIPS 36003 Bronx County FIPS 36005 Broome County FIPS 36007 Cattaraugus County FIPS 36009 Cayuga County FIPS 36011 Chautauqua County FIPS 36013 Chemung County FIPS 36015 Chenango County FIPS 36017 Clinton County FIPS 36019 Columbia County FIPS 36021 Cortland County FIPS 36023 Delaware County FIPS 36025 Dutchess County FIPS 36027 Erie County FIPS 36029 Essex County FIPS 36031 Franklin County FIPS 36033 Fulton County FIPS 36035 Genesee County FIPS 36037 Greene County FIPS 36039 Hamilton County FIPS 36041 Herkimer County FIPS 36043 Jefferson County FIPS 36045 Kings County FIPS 36047 Lewis County FIPS 36049 Livingston County FIPS 36051 Madison County FIPS 36053 Monroe County FIPS 36055 Montgomery County FIPS 36057 Nassau County FIPS 36059 New York County FIPS 36061 Niagara County FIPS 36063 Oneida County FIPS 36065 Onondaga County FIPS 36067 Ontario County FIPS 36069 Orange County FIPS 36071 Orleans County FIPS 36073 Oswego County FIPS 36075 Otsego County FIPS 36077 Putnam County FIPS 36079 Queens County FIPS 36081 Rensselaer County FIPS 36083 Richmond County FIPS 36085 Rockland County FIPS 36087 Saratoga County FIPS 36091 Schenectady County FIPS 36093 Schoharie County FIPS 36095 Schuyler County FIPS 36097 Seneca County FIPS 36099 St. Lawrence County FIPS 36089 Steuben County FIPS 36101 Suffolk County FIPS 36103 Sullivan County FIPS 36105 Tioga County FIPS 36107 Tompkins County FIPS 36109 Ulster County FIPS 36111 Warren County FIPS 36113 Washington County FIPS 36115 Wayne County FIPS 36117 Westchester County FIPS 36119 Wyoming County FIPS 36121 Yates County FIPS 36123

AI Insights

AI-assisted analysis, drawn from 6 federal data sources

Sample AI Insight

New York shows meaningful potential for attraction, with a 4.51x concentration and 64,761 jobs in this sub-sector.

Cluster depth across , transit and ground passenger transportation, and securities, commodity contracts, investments creates supply-chain attraction leverage, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example

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Data Sources

Updated from official federal government data.

Census ACS 5-Year2024
BLS QCEW2025
BEA Regional GDP2024
Census CBP2024
HUD Fair Market RentsFY2026
USAspending.govFY2026

Frequently Asked Questions

Key economic and demographic figures for New York, from federal data sources.

What is the population of New York?

19,852,366 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in New York?

$85,974 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in New York?

4.2% (2024 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of New York?

$2,322.1B (BEA SAGDP (state GDP)).