City profile
New York City, NY
The ultimate urban life — Harlem, Brooklyn and Queens offer unmatched Black arts, culture and transit.
Climate
Climate type
Four seasons
Winter avg
35°F
Summer avg
77°F
Sunny days / yr
230
Home prices & cost of living
Median home price
$800,000
Typical monthly housing
$5,255
Cost of living (100 = U.S.)
170
Taxes
- Property tax
- 1.54%
- State income tax (top)
- 10.9%
- Social Security
- Not taxed
- Pensions
- Partly exempt
- Sales tax (state + avg. local)
- 8.53%
FEMA natural hazard risk
Relatively High · county score 99/100
Top hazards: Heat wave, Strong wind, Riverine flooding
Nearest major airport
8 mi to LaGuardia Airport (LGA)
Political lean (2024 county vote)
Leans Democratic · 68% Democratic / 30% Republican
Demographics (Census ACS)
Population (2024)
8,483,844
Growth since 2019
+0.8%
Median age
38.2
Residents 65+
16.4%
Median household income
$80,483
Income growth since 2019
+25.8%
Black household income
$60,502
Home ownership
32.8%
Poverty rate
17.9%
Poverty rate, 65+
19.5%
Race & ethnicity: Black 20.4% · White 31.0% · Hispanic 28.5% · Asian 14.6% · Other 5.5%
Crime (per 100,000 residents, 2025)
Violent crime
660 · 100% above the national average
Property crime
2,301 · 48% above the national average
Source: FBI Crime Data Explorer, New York City Police Department. State average: violent 368, property 1,566.
2025–2026 trends
2026 market trends
- ▸More retirees are leaving NY than arriving, mostly over cost
- ▸Home prices are still rising in 2026 — good for long-term value, less room to negotiate
- ▸Climate/cost risks to check: winter storms, high taxes
Highlights
- Harlem & the Schomburg Center
- No car needed
- World-class healthcare and arts
Trade-offs
- Very expensive
- High taxes
Figures are estimates from public sources (see How we match). Verify before making decisions.