ExecutivePulse
Official Federal Data

New York County, New York

FIPS 36061 · New York-Newark-Jersey City, NY-NJ · Population 1,629,477
9 Sources Updated June 22, 2026
$103,931
Median Income
$80,734 national
4.7%
Unemployment
4% national
$1,006.7B
GDP
64.2%
Bachelor's+
35.7% national

Demographics & Population

Census Bureau American Community Survey 2020-2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$103,931
Per Capita
$95,980
Mean Household
$194,116
Poverty Rate
16.5%
Median Income Comparison
New York County$103,931
New York$85,974
National$80,734

Population Profile

Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
65+: 18.1% (295,693 residents) 55-64: 11.7% (189,984 residents) 35-54: 26.7% (434,984 residents) 18-34: 29.6% (482,636 residents) Under 18: 13.9% (226,180 residents) 39 Median Age
Cohorts
Under 18 · 13.9%
18-34 · 29.6%
35-54 · 26.7%
55-64 · 11.7%
65+ · 18.1%
Race & Ethnicity
White48.3%
Black or African American13.7%
Asian12.4%
Hispanic or Latino(any race)24.4%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
89.5%
High School+
National: 89.6%
▼ 0.1 pts
64.2%
Bachelor's+
National: 35.7%
▲ +28.5 pts
31.3%
Graduate+
National: 14.1%
▲ +17.2 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
1,629,477
Population
949,624
Labor Force
Employed
877,340
Unemployment Rate BLS LAUS 2025 annual
4.7% ▲ +0.1 pts YoY
Mean Commute 5 min above national avg
31.2 min
Work From Home vs 15.1% national
25.5%
Key Takeaways
  • Income premium: Households earn well above the national median, supporting strong retail and housing markets.
  • Elevated poverty: At 16.5%, the rate is in economically distressed territory and supports federal funding narratives (CDFI, NMTC, EDA).
  • Talent advantage: Bachelor's-or-higher attainment exceeds the national average by 28.5 pts, supports knowledge-economy and tech attraction.

Economy & Industry

Bureau of Labor Statistics QCEW · Bureau of Economic Analysis

$1,006.7B
Gross Domestic Product · 2024
Source: Bureau of Economic Analysis · CAGDP1 Regional GDP

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2025 Annual
Top industries by employment in New York County, New York, with employment, share of top sectors, and average wage
IndustryEmploymentShare of Top 10Avg Wage
1Professional, Scientific, and Technical Services
370,094 19.0%
$210,590
2Finance and Insurance
331,140 17.0%
$454,761
3Health Care and Social Assistance
268,780 13.8%
$88,272
4Accommodation and Food Services
215,907 11.1%
$56,872
5Information
186,728 9.6%
$243,497
6Administrative and Support and Waste Management
148,303 7.6%
$93,393
7Educational Services
125,472 6.4%
$125,633
8Retail Trade
123,479 6.3%
$79,517
9Other Services (except Public Administration)
93,457 4.8%
$89,237
10Real Estate and Rental and Leasing
84,767 4.4%
$125,948
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Key Takeaways
  • Largest sector: Professional, Scientific, and Technical Services employs 370,094 workers (19% of tracked sectors), at an average wage of $210,590.
  • Economic scale: Regional GDP of $1,006.7B (2024).
  • Wage stratification: Finance and Insurance averages $454,761 while Accommodation and Food Services averages $56,872, a 8.0x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW + BEA Regional GDP.
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EP customers get year-over-year deltas, WARN notices, and SEC filings for every sector tracked above, surfaced as proactive alerts, not after-the-fact news.

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Industry Concentration

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

Location Quotient Analysis

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 the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
Securities, Commodity Contracts, Investments
11.12x
196,134
Internet Publishing and Broadcasting
8.20x
44,277
Web Search Portals, Libraries, and Archives
7.94x
22,406
Motion Picture and Sound Recording Industries
6.89x
39,787
Lessors of Nonfinancial Intangible Assets
4.87x
1,703
Performing Arts, Spectator Sports, and Related
4.05x
37,434
Publishing Industries and Telecommunications
3.87x
55,306
Private Households
3.39x
11,112
Museums, Historical Sites, and Similar
3.29x
9,480
Apparel Manufacturing
3.10x
3,912

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Finance & Insurance Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
196,134
Cluster Employment
11.12x
Peak LQ
Concentrated Sub-Sectors
Securities, Commodity Contracts, Investments
11.12x 196,134
Internet Publishing and Broadcasting
8.20x 44,277
Web Search Portals, Libraries, and Archives
7.94x 22,406
Motion Picture and Sound Recording Industries
6.89x 39,787
Lessors of Nonfinancial Intangible Assets
4.87x 1,703
Performing Arts, Spectator Sports, and Related
4.05x 37,434
Publishing Industries and Telecommunications
3.87x 55,306
Private Households
3.39x 11,112
Museums, Historical Sites, and Similar
3.29x 9,480
Apparel Manufacturing
3.10x 3,912

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.01x
Crop Production
66 employed
0.01x
Plastics and Rubber Products Manufacturing
118 employed
0.01x
Electrical Equipment, Appliance Manufacturing
90 employed
0.01x
Gasoline Stations and Fuel Dealers
206 employed
0.02x
Nonmetallic Mineral Product Manufacturing
147 employed
0.02x
Primary Metal Manufacturing
94 employed
0.02x
Fabricated Metal Product Manufacturing
354 employed
Key Takeaways
  • Top specialization: Securities, Commodity Contracts, Investments concentrates at 11.12x the national norm, top-decile concentration, the kind of signature sector that defines a region's economic identity to site selectors.
  • Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base rather than reliance on a single employer or sector.
  • Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment depending on labor-market fit.
Source: BLS QCEW sub-sector Location Quotients.
New York County's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS 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 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$1,090,500
Median Home Value vs 2019
$2,197
Rent/Mo
25.1%
Owner-Occ
15.7%
Vacancy
10.5x
Home Value to Income Ratio - Stretched
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$2,529/mo
1 Bedroom
$2,655/mo
2 Bedroom
$2,910/mo
3 Bedroom
$3,644/mo
4 Bedroom
$3,959/mo
30% of monthly median household income (~$2,598/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
  • Stretched market: Home value to income ratio of 10.5x is well above the ~4.1x national average; attainable workforce housing may be a recruitment friction.
  • Renter-majority market: 25.1% owner-occupied; flexible labor mobility but consider home-buying pipeline if attracting families.
  • Elevated vacancy: 15.7% vacancy rate. In resort, rural, and seasonal markets much of this is recreational/seasonal (second homes), not available supply; confirm the vacancy-by-reason split before treating it as a redevelopment opportunity.
  • Affordable rent tiers: 1 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$2,598/mo).
Source: Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
1,107,604
Working Age (18-64) vs 2019
Mean Commute 5 min above national avg
31.2 min
Work From Home vs 15.1% national
25.5%
Prime-Age Employed (25-54)
82.1%
of prime-age population
Labor force participation rate: 67.7% of working-age population (18-64) 68% Participation
▼ vs 2019

Education & Talent Pipeline

Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
64.2%
HS Diploma+
89.5%
Local & Area Institutions (within ~40 mi)
Total credentials awarded
53,320/yr
New York University 18,769/yr
Rutgers University-New Brunswick 13,105/yr
CUNY Hunter College 5,792/yr
Montclair State University 5,465/yr
CUNY Bernard M Baruch College 5,426/yr
CUNY Queens College 4,763/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
17.2%
55-64 of working-age population (18-64)

Workforce by Occupation

Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
65.6%
Service
12.8%
Sales & Office
15.8%
Construction / Maint.
1.7%
Production / Transport
4.2%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 877,340 employed workers.
Key Takeaways
  • Talent pipeline: 6 local institutions feed the workforce; the top three combined produce 37,666 annual credentials.
Source: ACS workforce data and College Scorecard.

AI Insights

AI-assisted analysis, drawn from 9 federal data sources

Sample AI Insight

New York County shows strong potential for securities, commodity contracts, investments attraction, with a 11.12x concentration and 196,134 jobs in this sub-sector. It ranks in the top decile nationally.

The interconnected base across securities, commodity contracts, investments, internet publishing and broadcasting, and web search portals, libraries, and archives creates supply-chain attraction leverage rather than single-employer risk, 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 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23

Frequently Asked Questions

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

What is the population of New York County, New York?

1,629,477 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the median household income in New York County, New York?

$103,931 (U.S. Census Bureau, ACS 5-Year Estimates).

What is the unemployment rate in New York County, New York?

4.7% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).

What is the GDP of New York County, New York?

$1,006.7B (U.S. Bureau of Economic Analysis, CAGDP1).