Households Income: native people and immigrants from 60s till 2000

 Households Income: native people and immigrants from 60s till 2000

 

In 2000, about 3 out of every 10 New York City housing units were owner-occupied, compared to about 2 owner-occupied units out of every 3 units in the U.S. as a whole. Rental vacancy is usually between 3% and 4.5%, well below the 5% threshold defined to be a housing emergency, justifying the continuation of rent control and rent stabilization. About 33% of rental units fall under rent stabilization, according to which increases are adjudicated periodically by city agencies. Rent control covers only a very small number of rental units. Some critics point to New York City's strict zoning and other regulations as partial causes for the housing shortage, but during the city's decline in population from the 1960s through the 1980s, a large number of apartment buildings suffered suspected arson fires or were abandoned by their owners. Once the population trend was reversed, with rising prospects for rentals and sales, new construction has resumed, but generally for purchasers in higher income brackets. 

Household Income in Manhattan, New York County, New York (Borough)

Overall, nominal household income in New York City is characterized by large variations. This phenomenon is especially true of Manhattan, which in 1995 was home to the highest incomes U.S. census tract, with a household income of $88,697, as well as the lowest, where household income was $4,320. The disparity is driven in part by wage growth in high income brackets. In 1996 the average weekly wage in Manhattan was $853, the highest among the largest counties in the United States. Wages in Manhattan were the fastest growing among the nation's 10 largest counties.

New York City's borough of Manhattan is the highest nominal income county in the United States. In particular, ZIP code 10021 on Manhattan's Upper East Side, with more than 100,000 inhabitants and a per capita income of over $90,000, has one of the largest concentrations of income in the United States. The other boroughs, especially Queens and Staten Island, have large middle-class populations.

 

The 1990 census counted 2,021,588 households with a median income of $38,293. 30% of households had children under the age of 18, and 37% were married couples living together. 19% had a single female householder, and 39% were non-families. 32% of all households were made up of individuals, and 10% were single residents 65 years of age or older. The average household size was 2.59 persons, and the average family size was 3.32.

The age range was as follows: 24% were under the age of 18, 10% between 18 and 24, 33% between 25 and 44, 21% between 45 and 64, and 12% were 65 or older. The median age in New York City in 1990 was 34 years. For every 100 females, there were 90 males. For every 100 females age 18 and over, there were 86 males.

 https://statisticalatlas.com/county-subdivision/New-York/

Definitions

• Household Income: total income from all people in the household
• Median: in terms of income, it is the income for which 50% of households have a lower income, and 50% have a higher income
• Percentile: for example, the 80th percentile of household income is the income for which 80% of household have a lower income and 20% have a higher income
• Quintile: a quintile is 20% of a population, grouped by percentile; for example, the 2nd quintile is all members of a population between the 20th and 40th percentiles
• Gini Index: a statistical measure of how unevenly income is distributed in a population (ranging from 0% to 100%, the higher the number, the greater the inequality)