New York is a very large coastal borough (i.e. on the ocean, a bay, or inlet) located in the state of New York. With a population of 1,628,706 people and 288 constituent neighborhoods, New York is the third largest community in New York. Much of the housing stock in New York was built prior to World War II, making it one of the older and more historic boroughs in the country.
New York home prices are not only among the most expensive in New York, but New York real estate also consistently ranks among the most expensive in America.
New York is a decidedly white-collar borough, with fully 93.51% of the workforce employed in white-collar jobs, well above the national average. Overall, New York is a borough of professionals, managers, and sales and office workers. There are especially a lot of people living in New York who work in management occupations (16.65%), business and financial occupations (10.84%), and sales jobs (10.33%).
Of important note, New York is also a borough of artists. New York has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape New York’s character.
Also of interest is that New York has more people living here who work in computers and math than 95% of the places in the US.
New York is one of the most attractive larger cities for people who are young, single, educated, and upwardly-mobile career starters. This makes it a good place to live for young singles in their 20s and 30s and who have undergraduate or graduate degrees and are starting their professional careers. Although New York is a large city, this demographic is significant enough that young professionals will find many others like themselves here, with really good opportunities for friendships, recreation, romance, and more.
One of the nice things about New York is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.
In New York, however, the average commute to work is quite long. On average, people spend 33.28 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit. In addition, the borough is also quite pedestrian-friendly, because many neighborhoods are very dense and have amenities close enough together that people find it feasible to get around on foot.
New York, like many big cities in America, has a public transportation system, but the citizens of New York are lucky because theirs is one of the most extensive and widely used. Many commuters choose to leave their cars at home and instead use the subway to get to and from work. In fact, for some people it is feasible to forgo car ownership entirely, avoiding the cost and headache of driving in heavy traffic. The benefits include reduced air pollution and load on the road network.
If knowledge is power, New York is a pretty powerful place. 61.32% of the adults in New York have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in New York in 2018 was $76,592, which is wealthy relative to New York and the nation. This equates to an annual income of $306,368 for a family of four. However, New York contains both very wealthy and poor people as well.
New York is an extremely ethnically-diverse borough. The people who call New York home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of New York residents report their race to be White, followed by Black or African-American. New York also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 25.83% of the borough’s residents. Important ancestries of people in New York include Irish, Italian, German, English, and Russian.
In addition, New York has a lot of people living here who were born outside of the US (28.73%).
The most common language spoken in New York is English. Other important languages spoken here include Spanish and Chinese.