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US$1.4trillion
- The economy of New York City encompasses the largest municipal and regional economy in the United States. In 2022, the New York metropolitan area generated a gross metropolitan product (GMP) of US$1.4trillion, with a population of 23.6 million people.
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The economy of New York City encompasses the largest municipal and regional economy in the United States. In 2022, the New York metropolitan area generated a gross metropolitan product (GMP) of US$1.4trillion, with a population of 23.6 million people.
Nov 16, 2022 · The average salary in NYC is well above the national average. The average household income in the U.S. is $91,547, according to the 2020 Census ACS. Therefore, the $107,000 NYC average salary comes in at approximately 14% higher than the national average.
- Financial Services. The financial services sector is synonymous with Wall Street, which is located in Manhattan. The New York Stock Exchange (NYSE), founded in 1817, is likely the most influential securities exchange in the world.
- Healthcare. New York is home to nearly 20 million people as of July 2019 (latest information), which means there is a lot of demand for healthcare services.
- Professional and Business Services. As of August 2021, there were an estimated 1.3 million New Yorkers working in professional and business services. This broad field includes a great number of different professional groups, such as lawyers, accountants, mechanics, and marketers, who share similar characteristics.
- Retail Trade. Retail trade also includes a large number of subindustries, such as food and beverage, clothing retailers, electronics retailers, auto retailers, and everything else that comes to mind when invoking images of Fifth Avenue.
Mar 19, 2024 · It takes the most money to live comfortably as a single person in New York City. This breaks down to $66.62 in hourly wages, or an annual salary of $138,570. To cover necessities as a single person in New York City, you’ll need an estimated $70,000 in wages.
The Comptroller’s annual assessment of New York City’s economy and municipal finances – mandated by the City Charter – is an opportunity to gain perspective on the past year’s economic and fiscal developments and to formulate the outlook for the years ahead.
The median salary in New York (Manhattan), NY is: $51,270. New York (Manhattan), NY is the 11 th most expensive city of database of 269 cities.
Apr 24, 2024 · Compare the Cost of Living in New York, New York against another US Cities and States. Salary.com's Cost of Living Calculator lets you compare the cost of living and salary differentials State to State or over 300+ US cities.
