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New York, New York Mortgage and Housing Information

Population: 8,008,278
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Value of Houses and Condos

A comparison of the average prices of homes in New York, New York and the U.S.
U.S.New YorkNew York
Median home value
in year 2006		$185,200$303,400$496,400

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2006
U.S.New YorkNew York
With a mortgage$1,402$1,789$2,218
Without a mortgage$399$617$668

Ownership of Houses and Condos

Types of mortgages for owner-occupied Houses and Condos in New York (2006)
Mortgage TypeNumber of Houses and CondosPercent of total
Without a mortgage365,52935.1%
First Mortgage Only555,17153.4%
Second Mortgage and/or Home Equity Loan119,33711.5%
Total1,040,037100%

Tenancy in New York

How many people in New York live in their own home? How many rent their home? Data for houses and condos, from 2006.
Owner-occupied homes1,040,037
Renter-occupied homes1,980,247
Homes for sale21,677
Homes for rent77,744
Total3,311,119

Age of New York Residents

Median age for males and females (2000).
Males 32
Females 35

Income

Median earnings for the 12 months preceding 2006, residents over 16 years with earnings
U.S.New YorkNew York
Median Earnings$27,239$30,469$30,915
Median Earnings, Males$32,396$35,493$32,915
Median Earnings, Females$22,097$25,761$28,528

Males earn $4,387 (15.4%) more than Females in New York.

Commuting in New York

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo794,422
Carpooled254,974
Public Transit1,684,850
Bicycle15,024
Walking332,264
Other Means18,385
Total, Commuted3,099,919
Worked from home92,151
Total3,192,070

Time Spent Commuting in New York

Time spent commuting in New York
Time spent in minutesNumber of People
Less than 536,907
5-9117,493
10-14205,727
15-19272,534
20-24316,245
25-29121,927
30-34517,367
35-3986,101
40-44181,563
45-59485,781
60-89535,411
Over 90222,863

Education

Level of higher education for people over 25 years in New York (2006).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College338,28813.3%381,70415.0%
Associate Degree132,4215.2%199,9207.9%
Bachelor's Degree489,46019.3%552,44921.8%
Master's Degree211,5378.3%277,64710.9%
Professional Degree88,9683.5%69,1372.7%
Doctorate Degree38,4711.5%31,3991.2%
Total (at least some college)1,299,14551.2%1,512,25651.2%
Total over 252,536,661100%2,951,324100%

Comments on New York

July 24th, 2008

a city loaded with things to do. really expensive to get an apartment or condo. compared to other cities worldwide it’s not as expensive though.

lots of jobs, more women than men, and lots of things for tourists and locals alike

– Unregistered User

Latest comment on New York

July 24th, 2008

a city loaded with things to do. really expensive to get an apartment or condo. compared to other cities worldwide it’s not as expensive though.

lots of jobs, more women than men, and lots of things for tourists and locals alike

– Unregistered User

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