New York City Stats

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Month: November 2016

Poverty Rate in New York City Below National Level

An estimated 14.1% of residents in the New York-Newark-Jersey City metro area live below the poverty line, roughly similar to the national poverty rate of 14.7% and a smaller share than the state’s poverty rate of 15.4%. New York has the seventh lowest poverty rate of any New York state metro area. A high school […]

Why Quality of Life is Higher in New York State

Americans often evaluate their home states according to such subjective conditions as climate preference, the presence of friends and family, and personal history. In addition to these subjective measures, more objective socioeconomic factors also contribute to life satisfaction. It is such quantitative measures that can help assess the broader quality of life in a given […]

Why Students in New York State Graduate College With More Debt

Total student debt in the United States, at approximately $1.26 trillion, is the second largest consumer debt in the country after mortgages. The average debt of all U.S. college undergraduates, including those who did not take any student loans, is around $16,929 per student, according to new data from student loan news website the Student […]

New York Life Insurance Company is the Largest Private Company in New York State

Going public is often regarded as the final step in a private company’s growth. While a public offering streamlines fund-raising activities and offers many other advantages, many owners prefer to keep control of their companies. 24/7 Wall St. reviewed data from company data reviewer PrivCo to identify the largest company in each state. Based on […]

Watertown-Fort Drum is the Drunkest Metro Area in New York

Alcohol abuse cost the United States $250 billion in 2010, according to a 2015 study from the Centers for Disease Control and Prevention. These costs include health care expenses associated with alcohol consumption as well as estimated lost productivity. Binge drinking was related to three-quarters of the total cost. Residents of different states report different […]

Why New York City Residents Spend More Time Commuting

The average resident of the New York-Newark-Jersey City metro area spends 36.3 minutes commuting to work, longer than both the national average of 26.4 minutes and the statewide average of 33.1 minutes. New York residents have the longest commute of any metro area in New York. Two of the main factors that determine commute time […]

New York City Residents Less Likely to Smoke Than Adults Nationwide

An estimated 14.0% of adults in the New York-Newark-Jersey City metro area smoke, lower than the 17.0% national smoking rate and roughly similar to the 14.4% statewide smoking rate. New York’s smoking rate is the lowest in New York state. According to the Centers for Disease Control, smoking is the number one cause of preventable […]

Violent Crime in New York State Similar to National Level

Violence in the United States has steadily declined for several decades. While the violent crime rate has fallen considerably — from 685 incidents reported per 100,000 Americans in 1995 to the current rate of 383 incidents per 100,000 — the national violent crime rate rose 3.0% last year. 24/7 Wall St. reviewed violent crime rates […]

New York is America’s Most Crowded City

There are 31,251 people per square mile in the New York-Newark-Jersey City metro area, higher than the national population density of 6,321 Americans per square mile across all U.S. metro areas. New York also has the highest population density of any New York metro area. Population density can have a meaningful impact on home prices […]

Why New York is One of the Most Expensive Housing Markets

A typical home in the New York-Newark-Jersey City, New York metro area costs $414,000, more than the national median home value of $194,500. The median home value in New York is also higher than in New York as a whole, where the typical home is worth $293,500. New York’s median home value is also the […]

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