New York City

New York City
Comprising the five boroughs of Manhattan, Brooklyn, Queens, the Bronx, and Staten Island, New York City has a population of around 8.8 million that is ethnically and culturally diverse. Its economy is the largest in New York State and among the largest in the world.
New York City Economic Indicators
New York City
Economic and Demographic Trends
Population 2020Pop growth 2020, 10-year change (%)GDP 2020,
billions
($)
Job growth 2021, 5-year change
(%)
Median household income 2020
($)
Median home price 2020
($)
Pop share age 25+ with BA+ 2020
(%)
New York City8,804,0007.71,022-3.070,000650,00040.3
Orange-Rockland-Westchester*1,744,0006.8125-4.182,000350,00038.8
Long Island*2,922,0003.1203-4.4114,260500,00045.6
New York State20,201,0004.21,725-4.172,600350,00039.4
United States331,449,0007.420,8941.267,000250,00035.1
Sources: U.S. Census Bureau; U.S. Bureau of Labor Statistics; U.S. Bureau of Economic Analysis; IPUMS USA-University of Minnesota. Data retrieved through data.census.gov, Moody's Economy.com, or directly from source.
*Neighboring Metros

The New York Fed publishes indicators, trends, research and analysis on our Second District. Explore the content below to learn more.

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