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Economy in New York, New York

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyNew York, NYUnited States
Unemployment Rate8.40%9.10%
Recent Job Growth-1.21%-0.12%
Future Job Growth29.18%31.25%
Sales Taxes8.38%6.80%
Income Taxes10.50%6.25%
Income per Cap.$28,347$27,067
Household Income$49,970$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K18.25%12.10%
Income between 15K and 25K9.85%10.18%
Income between 25K and 35K9.03%10.56%
Income between 35K and 50K12.83%14.98%
Income between 50K and 75K16.51%19.53%
Income between 75K and 100K11.23%12.52%
Income between 100K and 150K11.55%12.14%
Income between 150K and 250K4.73%3.91%
Income between 250K and 500K4.59%3.34%
Income greater than 500K1.44%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.34%13.81%
Professional and Related Occupations24.63%22.68%
Service15.72%14.51%
Sales and Office22.50%25.22%
Farming, Fishing, and Forestry0.05%0.68%
Construction, Extraction, and Maintenance5.92%9.37%
Production, Transportation, and Material Moving10.05%15.86%
Median Household Income

The unemployment rate in New York, NY, is 8.40%, with job growth of -1.21%. Future job growth over the next ten years is predicted to be 29.18%.

New York, NY Taxes

New York, NY,sales tax rate is 8.38%. Income tax is 10.50%.

New York, NY Income and Salaries

The income per capita is $28,347, which includes all adults and children. The median household income is $49,970.


New York Economy SperlingViews

Dynamic Economy: In addition to jobs, NYC is a dynamic economy because it combines public transportation infrastructure, various industries, culture, and family and nightlife. Big... (read more)re: High Cost of living - 8/4/2007: I agree i will pray with... (read more)Not Good: Things are not good here... (read more)Have an opinion about New York? Leave a commentTo See All SperlingViews for New York Click Here