New York, NY
REAL ESTATE & DEMOGRAPHIC DATA




Highest
Lowest





New York profile


Living in New York


New York is a very large coastal borough (i.e. on the ocean, a bay, or inlet) located in the state of New York. With a population of 1,656,170 people and 288 constituent neighborhoods, New York is the third largest community in New York. Much of the housing stock in New York was built prior to World War II, making it one of the older and more historic boroughs in the country.

New York home prices are not only among the most expensive in New York, but New York real estate also consistently ranks among the most expensive in America.

New York is a decidedly white-collar borough, with fully 94.07% of the workforce employed in white-collar jobs, well above the national average. Overall, New York is a borough of professionals, managers, and sales and office workers. There are especially a lot of people living in New York who work in management occupations (16.53%), sales jobs (11.29%), and business and financial occupations (10.31%).

Of important note, New York is also a borough of artists. New York has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape New York’s character.

Also of interest is that New York has more people living here who work in computers and math than 95% of the places in the US.

New York is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.

One downside of living in New York is that it can take a long time to commute to work. In New York, the average commute to work is 32.79 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the borough, so leaving the car at home and taking transit is often a viable alternative. In addition, it is also a pedestrian-friendly borough. Many of New York’s neighborhoods are dense enough and have amenities close enough together that people find it feasible to get around on foot.

One of the benefits of being a big city like New York is having a public transportation system, but in New York the transit system is the mode of choice for lots of people getting to and from work every day. You will find many people using the subway for their daily commute, even though other transportation options exist. If you ask these commuters, many will tell you that not having to drive in the snarl of big city traffic is one of main reasons for leaving the car at home, or even not owning a car at all. With so many people taking the subway New York benefits from a reduction in air pollution and traffic.

Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in New York. 60.43% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.

The per capita income in New York in 2010 was $66,522, which is wealthy relative to New York and the nation. This equates to an annual income of $266,088 for a family of four. However, New York contains both very wealthy and poor people as well.

New York is an extremely ethnically-diverse borough. The people who call New York home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of New York residents report their race to be White, followed by Black or African-American. New York also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 25.90% of the borough’s residents. Important ancestries of people in New York include German, Italian, English, and Russian.

In addition, New York has a lot of people living here who were born outside of the US (28.89%).

The most common language spoken in New York is English. Other important languages spoken here include Spanish and Chinese.