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Economy in New York

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyNew York, NYUnited States
Unemployment Rate8.00%9.10%
Recent Job Growth-1.22%-0.12%
Future Job Growth29.56%31.25%
Sales Taxes8.75%6.80%
Income Taxes6.85%6.25%
Income per Cap.$29,637$27,067
Household Income$56,601$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K13.75%12.10%
Income between 15K and 25K9.51%10.18%
Income between 25K and 35K9.14%10.56%
Income between 35K and 50K13.04%14.98%
Income between 50K and 75K17.65%19.53%
Income between 75K and 100K12.37%12.52%
Income between 100K and 150K13.31%12.14%
Income between 150K and 250K5.25%3.91%
Income between 250K and 500K4.71%3.34%
Income greater than 500K1.26%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations13.06%13.81%
Professional and Related Occupations25.22%22.68%
Service15.15%14.51%
Sales and Office24.31%25.22%
Farming, Fishing, and Forestry0.25%0.68%
Construction, Extraction, and Maintenance7.20%9.37%
Production, Transportation, and Material Moving12.02%15.86%
Median Household Income

The unemployment rate in New York, NY, is 8.00%, with job growth of -1.22%. Future job growth over the next ten years is predicted to be 29.56%.

New York, NY Taxes

New York, NY,sales tax rate is 8.75%. Income tax is 6.85%.

New York, NY Income and Salaries

The income per capita is $29,637, which includes all adults and children. The median household income is $56,601.


New York Economy SperlingViews

Cannot retire here.: Long Island has always been my home. It has become too sodden with overpaid politicians and has lost touch with the people paying the taxes. Balancing the budget, our... (read more)living in buffalo: I moved to Buffalo about five years ago from long Island. Except the weather everything else is fine. One of the main reasons to move here was the cost factor. you can... (read more)Love ny but too expensive to but my dream home: NY is a great city. However it is very expensive to live here. If one is the party type NY is for you. As for myself I am not, I love a more peaceful, calm relaxing... (read more)Have an opinion about New York? Leave a commentTo See All SperlingViews for New York Click Here