New York, NY Profile: Facts & Data

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New York, New York - Basic Facts

The City of New York is the largest city in New York with a population of 8,748,143 as of July 1, 2023. New York ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in New York. See peer rankings below.

The primary coordinate point for New York is located at latitude 40.7143 and longitude -74.006 in New York County. The formal boundaries for the City of New York encompass a land area of 301.49 sq. miles and a water area of 166.71 sq. miles. New York County is in the Eastern time zone (GMT -5).

The City of New York has a P1 Census Class Code which indicates populated place that is also an incorporated place with the same name and the same census code. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of New York is located within Borough of Manhattan, a minor civil division (MCD) of New York County.


Jump to... (On This Page!)
  1. New York 2023 Demographic Data
  2. Growth Rates for New York (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. New York Research Tools (Easy Tools & Current Data)
  3. New York Data Comparison Tool - 2023 Demographics
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New York, NY Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 8,748,143 (100%)
Population in Households 8,530,372 (97.5%)
Population in Families 6,472,271 (74.0%)
Population in Group Quarters1 217,771 ( 2.5%)
Population Density 29,116
Diversity Index2 87
 
 

INCOME

Median Household Income $70,967
Average Household Income $115,531
% of Income for Mortgage4 61%
Per Capita Income $44,918
Wealth Index5 82
Socioeconomic Status Index6 Low (40.1)
 

HOUSING

Total HU (Housing Units) 3,676,526 (100%)
Owner Occupied HU 1,110,871 (30.2%)
Renter Occupied HU 2,279,721 (62.0%)
Vacant Housing Units 285,934 ( 7.8%)
Median Home Value $715,437
Average Home Value $838,230
Housing Affordability Index3 41
 

HOUSEHOLDS

Total Households 3,390,592
Average Household Size 2.52
Family Households 1,941,781
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population -0.20% -0.10%
Households 0.18% 0.15%
Families   0.11%
Median Household Income   2.50%
Per Capita Income   2.86%
Owner Occupied HU   0.48%

New York, NY - Peer Comparisons by Rank and Percentile

The table below compares New York to the other 1,293 incorporated cities, towns and CDPs in New York by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 1 100th
Population Density # 2 100th
Median Household Income # 705 46th
Housing Affordability Index # 67 5th
Per Capita Income # 570 56th
Diversity Index # 12 99th

Additional comparisons and rankings can be made with a VERY EASY TO USE New York Census Data Comparison Tool.

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