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State of the City 2020

Citywide Data

Income Distribution

Graph showing the distribution of household income in New York City in both 2000 and 2015-2019.
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Racial/Ethnic Composition

Graph showing the racial and ethnic composition of New York City in both 2000 and 2015-2019.
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Citywide Indicators

New York City Indicators
2000 2006 2010 2019 2020
Demographics
Population 8,008,278 8,214,426 8,184,899 8,336,817
Population aged 65+ 11.7% 12.1% 12.2% 15.4%
Foreign-born population 35.9% 37.0% 37.2% 36.2%
Households with children under 18 years old 34.0% 32.3% 31.5% 27.1%
Racial diversity index 0.74 0.73 0.74 0.75
Income diversity ratio 6.1 5.9 6.3
Median household income (2020$) $61,210 $59,580 $57,250 $70,590
Poverty rate 21.2% 19.2% 20.1% 16.0%
Unemployment rate 9.6% 7.8% 11.2% 5.1%
Population aged 25+ with a bachelor's degree or higher 27.4% 32.1% 33.4% 39.2%
Population aged 25+ without a high school diploma 21.3% 20.4% 16.8%
Housing Market and Conditions
Homeownership rate 30.2% 34.4% 32.1% 31.9%
Rental vacancy rate 3.8% 4.4% 3.3%
Severe crowding rate (% of renter households) 4.2% 4.5%
Serious housing code violations (per 1,000 privately owned rental units)1 60.9 60.2 85.6 66.4
Notices of foreclosure rate (per 1,000 1-4 unit and condo properties) 9.0 11.5 19.1 8.7 3.6
Home purchase loan rate (per 1,000 properties) 42.8 20.2 20.2
Index of housing price appreciation, all property types 100.0 218.7 173.4 261.6 273.7
Index of housing price appreciation, 1 unit building 100.0 211.5 161.9 232.2 250.4
Index of housing price appreciation, 2-4 unit building 100.0 229.7 154.3 247.8 271.4
Index of housing price appreciation, 5+ unit building 100.0 242.9 221.9 480.9 499.2
Index of housing price appreciation, condominium 100.0 211.9 199.8 291.4 288.4
Median sales price per unit, 1 unit building (2020$) $341,050 $585,040 $487,180 $610,260 $630,000
Median sales price per unit, 2-4 unit building (2020$) $191,200 $344,840 $264,290 $383,950 $400,000
Median sales price per unit, 5+ unit building (2020$) $67,180 $133,120 $118,280 $255,850 $226,920
Median sales price per unit, condominium (2020$) $416,570 $781,880 $728,260 $981,500 $875,700
Sales volume, all property types 33,454 53,401 27,654 26,262 19,939
Sales volume, 1 unit building 13,586 16,669 7,514 8,524 6,660
Sales volume, 2-4 unit building 13,702 20,764 7,809 7,454 5,465
Sales volume, 5+ unit building 1,324 2,346 1,220 934 573
Sales volume, condominium 4,842 13,622 11,111 9,350 7,241
Land Use and Development
Population density (1,000 persons per square mile) 27.3 27.2 27.8
Units authorized by new residential building permits 15,544 29,345 7,335 28,787 20,590
Units issued new certificates of occupancy 13,603 24,982 26,994 29,375 8,774
Neighborhood Services and Conditions
Car-free commute (% of commuters) 63.8% 67.3% 69.4% 70.5%
Mean travel time to work (minutes) 40.0 39.0 38.7 41.7
Serious crime rate (per 1,000 residents) 23.1 15.8 12.9 11.6 11.6
Students performing at grade level in ELA, 4th grade 49.6%
Students performing at grade level in math, 4th grade 49.4%
Renters
Median rent, all (2020$) $1,090 $1,210 $1,330 $1,510
Median rent, recent movers (2020$) $1,530 $1,680 $2,040
Rental units affordable at 80% AMI (% of recently available units) 52.5% 44.9% 40.7%
Rental units affordable at 120% AMI (% of recently available units) 81.7% 78.1% 76.0%
Severely rent-burdened households 23.7% 27.9% 29.1% 26.2%
Severely rent-burdened households, low income households 43.9% 45.7% 44.1%
Housing choice vouchers (% of occupied, privately owned rental units) 6.9% 6.1%
Public housing (% of rental units) 8.4%

1 In 2019 some violations types were reclassified into the most serious class, resulting in an increase in this indicator.

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Citywide Indicators, by Race/Ethnicity

New York City Indicators by Race and Ethnicity, 2019
Asian Black Hispanic White
Demographics
Population 1,201,923 2,060,119 2,423,588 2,655,368
Percentage change since 2000 54.0% 5.0% 12.2% −5.2%
Share of New York City population 14.4% 24.7% 29.1% 31.9%
Percentage point change since 2000 4.7 0.2 2.1 −3.1
Foreign-born population1 70.6% 31.5% 39.1% 21.5%
Percentage point change since 2000 −7.0 2.5 −2.1 −1.6
Population under 18 years old1 17.3% 21.7% 24.9% 17.0%
Percentage point change since 2000 −13.4 −7.6 −5.7 −1.7
Population aged 65+1 23.3% 19.2% 27.5% 12.5%
Percentage point change since 2000 15.8 10.7 21.1 −4.4
Disabled population1 4.2% 10.8% 10.2% 5.4%
Median household income (2020$) $76,505 $51,991 $47,963 $103,272
Percentage change since 1999 16.4% 4.7% 8.1% 27.4%
Poverty rate1 14.2% 20.5% 20.9% 10.1%
Percentage point change since 2000 −5.4 −5.2 −9.8 −1.4
Poverty rate, population under 18 years old1 17.3% 28.1% 28.1% 14.0%
Percentage point change since 2000 −6.7 −5.8 −11.9 −2.2
Poverty rate, population aged 65+1 23.3% 19.2% 27.5% 12.5%
Percentage point change since 2000 −1.0 −4.0 −2.5 0.7
Unemployment rate1 4.1% 7.5% 6.6% 3.3%
Percentage point change since 2000 −2.3 −6.7 −7.2 −2.0
Population aged 25+ with a bachelor's degree or higher1 43.3% 24.2% 19.8% 61.8%
Percentage point change since 2000 7.1 8.4 9.3 19.9
Population aged 25+ without a high school diploma1 22.8% 15.5% 29.0% 6.0%
Percentage point change since 2000 −7.8 −14.1 −17.5 −9.2
Housing Market and Conditions
Homeownership rate1 42.2% 26.6% 15.9% 41.2%
Percentage point change since 2000 7.6 2.1 1.9 4.7
Severe crowding rate (% of renter households) 8.2% 3.3% 5.6% 2.7%
Share of home purchase loans2 32.6% 11.0% 9.6% 45.3%
Percentage point change since 2006 0.1 −0.1 −0.1 0.0
Share of refinance loans3 15.4% 17.0% 10.4% 56.1%
Percentage point change since 2006 0.1 −0.2 −0.1 0.2
Neighborhood Services and Conditions
Car-free commute (% of commuters) 67.7% 69.0% 73.5% 70.0%
Mean travel time to work (minutes) 41.4 48.3 42.6 37.4
Students performing at grade level in ELA, 4th grade 69.9% 37.6% 38.8% 67.9%
Students performing at grade level in math, 4th grade 77.5% 31.6% 37.0% 69.9%
Renters
Median rent burden 34.0% 32.5% 35.5% 27.6%
Moderately rent-burdened households 22.6% 23.9% 27.4% 21.5%
Severely rent-burdened households 29.5% 29.0% 31.5% 21.3%

1 It is not possible to disaggregate the data for Black and Asian New Yorkers by Hispanic ethnicity, therefore some double counting may occur.

2 Values indicate race/ethnic share of all home purchase loans.

3 Values indicate race/ethnic share of all refinance loans.

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