New York County, New York: commercial real estate data.
New York County, New York has a population of 1,629,477 across 23 square miles, down 2.0 percent since the 2020 census base. County output reached $1006.67 bn in 2024, 93,904 establishments operate here, and the SBA record carries 2,558 7(a) approvals worth $1.19 bn.
128 sourced county values · tier FULL · 12 sections
New York County
How many people live in New York County
- Population1,629,477
- Households778,281
- Average household size2.09
- Median household income$103,931
- Median age38.9
- Median gross rent$2,197 per month
- Median owner-occupied home value$1,090,500
- Home value to household income10.5 times
- Annual rent as a share of median income25.4 percent
- Adults 25 and over with a bachelor degree or higher64.2 percent
- Adults 25 and over with a graduate degree31.3 percent
- Adults 25 and over1,261,727
- Population under 18226,180
- Share under 1813.9 percent
- Population 65 and over295,693
- Share 65 and over18.1 percent
- Working age population, 18 to 641,107,604
- Civilian labor force949,329
- Unemployment rate7.6 percent
- Labor force participation, adults 18 and over67.6 percent
- Rank by population among New York counties3rd of 62
- Rank by population among US county-equivalents22nd
New York County is the 3rd largest of 62 New York counties by population. A median home costs 10.5 times median household income, which is a stretched ownership market and usually shows up as rental demand. Residents 65 and over outnumber those under 18, at 18.1 percent against 13.9 percent, which points demand at health care, services and single storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
New York County
Is New York County growing
- Population change since the 2020 census base-2.02 percent
- Census 2020 base population1,694,978
- Births, 202413,030
- Deaths, 202410,442
- Natural change, 20242,588
- Net domestic migration, 2024-5,225
- Net international migration, 202430,106
- Total net migration, 202424,881
- Cumulative net domestic migration, 2021 to 2024-96,962
- Rank by growth among US county-equivalents2502nd
The county has lost 2.02 percent of its population since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
New York County
Where people moving to New York County come from
- Tax returns filed by households arriving77,870
- People arriving, from those returns97,244
- Adjusted gross income arriving$14.79 bn
- Net adjusted gross income movement$0
- Average income of an arriving household$189,885
- Largest single originNew York County Non-migrants (641,459 households)
- Largest single destination (641,459 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| New York County Non-migrants | 641,459 | 1,004,520 | $202.80 bn |
| Kings County | 8,428 | 10,829 | $1.41 bn |
| Bronx County | 5,149 | 8,423 | $226.8 m |
| Queens County | 4,497 | 6,088 | $475.7 m |
| Other flows - Different State | 3,787 | 4,518 | $445.5 m |
| Westchester County | 2,569 | 3,496 | $670.2 m |
| Los Angeles County | 2,290 | 2,697 | $412.9 m |
| Nassau County | 2,088 | 2,637 | $371.7 m |
The largest single source of arrivals is New York County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
New York County
What the New York County economy runs on
- County GDP, 2024$1006.67 bn
- County GDP, 2023$935.67 bn
- GDP change, 2023 to 20247.6 percent
- GDP change over five years29.9 percent
- Rank by GDP among New York counties1st
- Rank by GDP among US county-equivalents1st
- GDP per resident$617,789
Output grew 7.6 percent in the latest year and 29.9 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
New York County
Who employs people in New York County
- Covered employment, annual average2,466,798
- Establishments reporting129,635
- Average annual pay$165,086
- Average weekly wage$3,175
- Sector 54, employment372,734
- Sector 54, average annual pay$198,744
- Sector 52, employment320,341
- Sector 52, average annual pay$413,881
- Sector 62, employment263,763
- Sector 62, average annual pay$86,698
- Sector 72, employment212,903
- Sector 72, average annual pay$54,770
- Sector 51, employment191,793
- Sector 56, employment151,014
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 54 | 372,734 | 21,406 | $198,744 |
| Sector 52 | 320,341 | 8,376 | $413,881 |
| Sector 62 | 263,763 | 8,703 | $86,698 |
| Sector 72 | 212,903 | 10,264 | $54,770 |
| Sector 51 | 191,793 | 6,466 | $226,782 |
| Sector 56 | 151,014 | 6,322 | $86,722 |
| Sector 61 | 123,815 | 2,076 | $121,077 |
| Sector 44-45 | 122,061 | 9,333 | $76,739 |
The largest sector is the biggest private employer group at 372,734 jobs, 15.1 percent of covered employment. Average pay per job exceeds median household income, which usually means single earner households and a wage base that can carry rent.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
New York County
What businesses operate in New York County
- Establishments, all industries93,904
- Employment at those establishments2,322,720
- Annual payroll$339.41 bn
- Establishments per 1,000 residents57.6
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
New York County
What is being built in New York County
- Housing units authorised by permit, 20244,467
- Declared construction value permitted$690.5 m
- Single family units authorised0
- Multifamily units authorised4,467
- Multifamily share of units100.0 percent
- Average declared value per unit$154,567
- Units authorised per 1,000 households5.7
Multifamily is 100.0 percent of units authorised, so the pipeline is being built for renters rather than buyers.
US Census Bureau, Building Permits Survey, 2024 annual.
New York County
How much SBA lending happens in New York County
- 7(a) approvals recorded2,558
- 7(a) gross approval dollars$1.19 bn
- Average 7(a) approval$465,911
- Median 7(a) approval$160,000
- 10th percentile approval$25,000
- 90th percentile approval$1,000,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)28,277
- Jobs per approval11.1
- Distinct 7(a) lenders active152
- Distinct industries receiving approvals325
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer3.0 percent
- Loans on real estate terms77
- Loans on working capital terms, 120 months or shorter2,392
- Franchise loans87
- Franchise share of approvals3.4 percent
- Leading industry by approval countFull-Service Restaurants (203)
- Most active lenderTD Bank, National Association (455)
- 504 approvals recorded253
- 504 gross approval dollars$386.8 m
- Average 504 approval$1,528,834
- Median 504 approval$1,137,000
- Distinct CDCs active3
- 504 jobs per approval10.2
- 504 jobs per million dollars approved6.7
- Most active CDCEmpire State Certified Development Corporation (208)
- 7(a) share of SBA approvals91.0 percent
- Combined SBA approval dollars$1.58 bn
The average approval of $465,911 sits well above the median of $160,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 3.0 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
New York County
Do SBA loans in New York County get paid back
- Loans with a final outcome recorded410
- Paid in full328
- Charged off82
- Charge off rate on resolved loans20.0 percent
- Status: Charged off82
- Status: Exempt from disclosure1,543
- Status: Cancelled454
- Status: Paid in full328
- Status: Committed, not yet disbursed151
| NAICS | Industry | Resolved loans | Charged off | Charge off rate |
|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 33 | 5 | 15.2% |
| 541110 | Offices of Lawyers | 18 | 7 | 38.9% |
| 541613 | Marketing Consulting Services | 13 | 6 | 46.2% |
| 621210 | Offices of Dentists | 12 | 0 | 0.0% |
| 236118 | Residential Remodelers | 11 | 2 | 18.2% |
Of the 410 loans that have reached a final outcome, 20.0 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong. Among industries with at least ten resolved loans, Marketing Consulting Services carries the highest charge off rate at 46.2 percent.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
New York County
Which parts of New York County get the lending
- Places in the county with recorded lending21
- NEW YORK, approvals2,493
- MANHATTAN, approvals32
- Brooklyn, approvals9
- New York City, approvals6
- PISCATAWAY, approvals2
- Roosevelt Island, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| NEW YORK | 2,493 | $1,169,744,200 |
| MANHATTAN | 32 | $4,182,200 |
| Brooklyn | 9 | $6,530,000 |
| New York City | 6 | $932,000 |
| PISCATAWAY | 2 | $500,000 |
| Roosevelt Island | 1 | $100,000 |
| CHATHAM | 1 | $150,000 |
| WESTWOOD | 1 | $350,000 |
NEW YORK accounts for 2,493 approvals against 32 in MANHATTAN. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
New York County
How big is New York County
- Land area23 sq mi
- Rank by land area among New York counties62nd of 62
- Width, east to west7.4 mi
- Height, north to south14 mi
- Geographies sharing a boundary3
- Residents per square mile of land70,847
- Establishments per square mile4082.78
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
New York County
What hazards affect New York County
- EPA radon zone predicted average indoor radon screening level less than 2 pCi/LZone 3
- Communities in the NFIP Community Status Book1
- Of those, participating in the NFIP1
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
The EPA places the county in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L.
US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001. FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a New York County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a New York County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population1,629,477
- Households778,281
- Average household size2.09
- Median household income$103,931
- Median age38.9
Common questions
New York County questions, answered from the record.
How many people live in New York County, New York?
1,629,477, in 778,281 households, ranking 3rd of 62 New York counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is New York County growing?
The population has fallen 2.02 percent since the 2020 census base. In 2024 there were 13,030 births against 10,442 deaths, with net migration of 24,881. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in New York County?
$103,931. The median owner-occupied home is valued at $1,090,500, which is 10.5 times income, and median gross rent is $2,197 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in New York County?
93,904 establishments, employing 2,322,720 people with an annual payroll of $339.41 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in New York County?
Average annual pay is $165,086, or $3,175 a week, across 2,466,798 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in New York County?
2,558 7(a) approvals totalling $1.19 bn since FY2020, across 152 lenders, with a median approval of $160,000, plus 253 504 approvals worth $386.8 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in New York County get paid back?
Of the 410 loans that have reached a final outcome, 328 were paid in full and 82 charged off, a charge off rate of 20.0 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in New York County?
4,467 housing units were authorised by permit in 2024, with a declared construction value of $690.5 m. Multifamily was 100.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for New York County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to New York County come from?
The largest single origin is New York County Non-migrants, with 641,459 households. Arriving households report an average income of $189,885 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for New York County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for New York County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.