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Economy in New York

Overview, People, Health, Economy, Housing, Rankings, Climate
Crime, Comments, Transportation, Cost of Living, Religion, Voting

EconomyNew York, NYUnited States
Unemployment Rate8.00%8.60%
Recent Job Growth-0.33%0.35%
Future Job Growth31.34%32.10%
Sales Taxes4.00%5.00%
Income Taxes6.85%4.70%
Income per Cap.$29,753$26,154
Household Income$54,602$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K13.58%12.37%
Income between 15K and 25K9.64%10.53%
Income between 25K and 35K9.48%10.88%
Income between 35K and 50K13.52%15.37%
Income between 50K and 75K18.36%20.14%
Income between 75K and 100K12.49%12.41%
Income between 100K and 150K12.98%11.27%
Income between 150K and 250K6.84%5.01%
Income between 250K and 500K2.84%1.86%
Income greater than 500K0.25%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations13.67%14.04%
Professional and Related Occupations23.28%20.61%
Service16.43%14.45%
Sales and Office27.09%26.75%
Farming, Fishing, and Forestry0.29%0.70%
Construction, Extraction, and Maintenance7.59%9.42%
Production, Transportation, and Material Moving11.66%14.05%


Median Household Income

The unemployment rate in New York, NY, is 8.00%, with job growth of -0.33%. Future job growth over the next ten years is predicted to be 31.34%.

New York, NY Taxes

New York, NY,sales tax rate is 4.00%. Income tax is 6.85%.

New York, NY Income and Salaries

The income per capita is $29,753, which includes all adults and children. The median household income is $54,602.


New York Economy SperlingViews

NYS has beautiful scenery - all 4 seasons are enjo: I will miss the change of seasons terribly but we are looking to move out of state because it is just too costly to live here. The Buffalo area has so much to do during... (read more)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)Have an opinion about New York? Leave a commentTo See All SperlingViews for New York Click Here