New York Economic Overview

Key economic indicators for New York (NY). Population: 20,201,249.

Unemployment Rate

3.9%

Below national avg (~4.2%)

Median Annual Wage

$70,000

Source: Census ACS / BLS

Wage Growth (YoY)

+3.2%

Year-over-year change

Population

20.2M

Source: 2020 Census

About the New York Economy

New York has an unemployment rate of 3.9%, which is below the national average. The median annual wage is $70,000, with wages growing at 3.2% year-over-year. With a population of 20,201,249, New York is the one of the largest state economy in the U.S.