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State of the City 2022

Citywide Data

Income Distribution

Graph showing the distribution of household income in New York City in both 2000 and 2017-2021.
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Racial/Ethnic Composition

Graph showing the racial and ethnic composition of New York City in both 2000 and 2017-2021.
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Citywide Indicators

New York City Indicators
2000 2006 2010 2019 2021 2022
Demographics
Population 8,008,278 8,214,426 8,184,899 8,336,817 8,467,513
Population aged 65+ 11.7% 12.1% 12.2% 15.4% 16.3%
Foreign-born population 35.9% 37.0% 37.2% 36.2% 36.4%
Households with children under 18 years old 34.0% 32.3% 31.5% 27.1% 25.8%
Racial diversity index 0.74 0.73 0.74 0.75 0.76
Income diversity ratio 6.1 5.9 6.3 6.3
Median household income (2022$) $67,100 $65,320 $62,760 $77,390 $72,150
Poverty rate 21.2% 19.2% 20.1% 16.0% 18.0%
Unemployment rate 9.6% 7.8% 11.2% 5.1% 11.8%
Population aged 25+ with a bachelor's degree or higher 27.4% 32.1% 33.4% 39.2% 41.0%
Population aged 25+ without a high school diploma 21.3% 20.4% 16.8% 16.1%
Housing Market and Conditions
Homeownership rate 30.2% 34.4% 32.1% 31.9% 33.3%
Rental vacancy rate 3.8% 4.4% 3.3% 4.5%
Severe crowding rate (% of renter households) 4.2% 4.5% 5.3%
Serious housing code violations (per 1,000 privately owned rental units)1 60.9 60.2 85.6 87.9 100.2
Notices of foreclosure rate (per 1,000 1-4 unit and condo properties) 9.0 11.5 19.1 8.7 4.6 5.9
Home purchase loan rate (per 1,000 properties) 42.8 20.2 20.2 29.7
Median sales price per unit, 1 unit building (2022$) $373,870 $641,220 $534,060 $668,970 $721,500 $720,000
Median sales price per unit, 2-4 unit building (2022$) $209,590 $377,660 $289,710 $420,520 $456,240 $449,500
Median sales price per unit, 5+ unit building (2022$) $73,640 $145,620 $129,410 $278,740 $256,410 $250,000
Median sales price per unit, condominium (2022$) $456,650 $857,110 $798,320 $1,075,930 $1,048,140 $1,050,000
Sales volume, all property types 33,454 53,415 27,657 26,315 32,520 35,201
Sales volume, 1 unit building 13,586 16,667 7,514 8,531 9,667 10,995
Sales volume, 2-4 unit building 13,702 20,773 7,809 7,464 7,301 10,597
Sales volume, 5+ unit building 1,324 2,358 1,227 963 1,158 1,363
Sales volume, condominium 4,842 13,617 11,107 9,357 14,394 12,246
Land Use and Development
Population density (1,000 persons per square mile) 27.3 27.2 27.8 28.2
Units authorized by new residential building permits 15,544 44 7,328 28,666 23,352 68,610
Units issued new certificates of occupancy 13,603 24,982 22,074 25,135 28,381 25,814
Neighborhood Services and Conditions
Car-free commute (% of commuters) 63.8% 67.3% 69.4% 70.5% 62.2%
Mean travel time to work (minutes) 40.0 39.0 38.7 41.7 39.8
Serious crime rate (per 1,000 residents) 23.1 15.8 12.9 11.6 11.7 14.2
Students performing at grade level in ELA, 4th grade 49.6% 43.6%
Students performing at grade level in math, 4th grade 49.4% 41.9%
Renters
Median rent, all (2022$) $1,200 $1,330 $1,450 $1,650 $1,700
Median rent, recent movers (2022$) $1,670 $1,840 $2,240 $2,130
Rental units affordable at 80% AMI (% of recently available units) 52.5% 44.9% 40.7% 40.7%
Rental units affordable at 120% AMI (% of recently available units) 81.7% 78.1% 76.0% 76.0%
Severely rent-burdened households 23.7% 27.9% 29.1% 26.2% 30.1%
Severely rent-burdened households, low income households 43.9% 45.7% 44.1% 44.1%
Housing choice vouchers (% of occupied, privately owned rental units) 6.9% 6.1%
Public housing (% of rental units) 7.4%
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
Asian Black Hispanic White
Demographics
Population 1,217,790 1,827,639 2,464,120 2,614,667
Percentage change since 2000 56.1% −6.9% 14.1% −6.7%
Share of New York City population 14.4% 21.6% 29.1% 30.9%
Percentage point change since 2000 4.7 −2.9 2.1 −4.1
1 Foreign-born population 68.5% 30.2% 39.6% 21.9%
Percentage point change since 2000 −9.0 1.1 −1.6 −1.3
1 Population under 18 years old 17.3% 21.7% 24.9% 17.0%
Percentage point change since 2000 −13.4 −7.6 −5.7 −1.7
1 Population aged 65+ 17.7% 21.1% 24.4% 17.4%
Percentage point change since 2000 10.2 12.6 18.0 0.5
1 Disabled population 4.4% 10.7% 10.9% 6.7%
Median household income (2022$) $77,227 $55,382 $51,265 $103,033
Percentage change since 1999 7.2% 1.8% 5.4% 15.9%
1 Poverty rate 16.6% 20.9% 24.2% 11.4%
Percentage point change since 2000 −3.0 −4.8 −6.6 −0.1
1 Poverty rate, population under 18 years old 19.1% 28.1% 30.6% 15.5%
Percentage point change since 2000 −4.9 −5.7 −9.3 −0.6
1 Poverty rate, population aged 65+ 23.7% 17.4% 25.7% 11.9%
Percentage point change since 2000 −0.6 −5.9 −4.3 0.1
1 Unemployment rate 10.6% 15.2% 14.1% 8.4%
Percentage point change since 2000 4.2 1.0 0.3 3.1
1 Population aged 25+ with a bachelor's degree or higher 44.9% 27.6% 22.3% 62.7%
Percentage point change since 2000 8.8 11.8 11.8 20.8
1 Population aged 25+ without a high school diploma 22.8% 13.9% 28.0% 5.0%
Percentage point change since 2000 −7.7 −15.7 −18.5 −10.2
Housing Market and Conditions
1 Homeownership rate 45.2% 27.6% 17.2% 43.3%
Percentage point change since 2000 10.6 3.1 3.2 6.8
Severe crowding rate (% of renter households) 9.4% 3.6% 7.1% 3.1%
2 Share of home purchase loans 36.7% 8.7% 8.8% 44.3%
Percentage point change since 2006 0.2 −0.1 −0.1 0.0
3 Share of refinance loans 21.2% 14.6% 10.5% 52.4%
Percentage point change since 2006 0.1 −0.2 −0.1 0.1
Neighborhood Services and Conditions
Car-free commute (% of commuters) 66.6% 67.3% 71.1% 73.7%
Mean travel time to work (minutes) 39.0 45.0 41.4 34.9
Students performing at grade level in ELA, 4th grade 65.7% 29.7% 29.4% 63.0%
Students performing at grade level in math, 4th grade 71.3% 24.0% 25.4% 62.7%
Renters
Median rent burden 37.1% 35.5% 36.6% 30.2%
Moderately rent-burdened households 22.9% 23.9% 26.3% 22.5%
Severely rent-burdened households 33.4% 33.9% 33.8% 26.1%
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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