Pros and Cons of Living In New York, New York. Is New York, NY a Nice Place To Live or Retire?

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New York, New York

Moving to New York In New York ? Is New York, NY a Nice Place To Live? Pros and Cons of Living in New York, New York. Find out the best and worst about to live, raise a family or retire in New York.

DEMOGRAPHICS

Population
8379550
Unemployment
6.6%
40% NAT AVG.
Poverty
17.3%
24% NAT AVG.
Cost Of Living
162
62% NAT AVG.

ECONOMICS

Median Home Cost
$635200
176% NAT AVG.
Median Income
$67046
1% NAT AVG.
Median Rent
$1489
28% NAT AVG.
Overall Score
8

CRIME REPORT

Total Crime
177320
9% NAT. AVG.
20% STATE AVG.
Violent Crime
47959
49% NAT. AVG.
59% STATE AVG.
Property Crime
129361
20% NAT. AVG.
10% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 6
Unemployed People
1 in 15
People Earning < $10,000
1 in 12
People Earning < $50,000
39.9%
People With Any Degree
1 in 2.2

ETHNICITY

Ethnicity New York USA
White 31.9% 60.1%
African American 21.4% 12.2%
American Indian 0.2% 0.6%
Asian 14.1% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.4% 2.8%
Hispanic 28.9% 18.2%
Other 0.9% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME New York USA
Less than $10,000 8.3% 5.8%
$10,000 to $14,999 5.6% 4.1%
$15,000 to $24,999 8.5% 8.5%
$25,000 to $34,999 7.5% 8.6%
$35,000 to $49,999 10% 12.0%
$50,000 to $74,999 14.1% 17.2%
$75,000 to $99,999 11.2% 12.8%
$100,000 to $149,999 14.8% 15.6%
$150,000 to $199,999 8% 7.1%

EDUCATION

Education New York USA
< 9th Grade 8% 5.0%
9-12th Grade 8% 7.0%
High School or GED 24% 27.0%
Other College 14% 20.0%
Associate's Degree 6% 9%
Bachelor's Degree 23% 20.0%
Master's Degree 12% 9.0%
Professional Degree 3% 2.0%
Doctorate Degree 2% 1.0%
New York is a city in New York state in USA with a population of 8379550 residents.. The poverty rate of New York is 17.3%, which is 24% higher than national average. The typical household in New York earns $67046 a year, compared to the national median of $67,500. Nearly 39.9% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of New York remained 6.6%, which is 40% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in New York is 162, which is 62% higher than national average. In New York, only 40% of adults have a bachelor's degree and 20% have some college but no degree. Median home value in New York is $635200 , which is 176% higher than national average. While median income in New York remained $67046, which is 1% lower than national average.
New York Scorecard

Jobs70%

Housing95%

Affordability30%

Safety50%

Amenities100%

Diversity100%

Education80%

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