Statistics About The Average Nyc Salary By Age

In this post, we explore the various income statistics that shed light on the average salaries in different areas of New York City and how they vary by age group. From the mean household income in NYC to the median salaries across different age brackets and neighborhoods, these statistics provide valuable insights into the earning potential in the Big Apple.

Statistic 1

"The mean household income in New York City as of 2020 is $68,259."

Statistic 2

"New York City residents will earn about $4.1 Million in income by their mid-fifties."

Statistic 3

"With one promotion, people in their 30s in New York City make an average of $59,029 annually."

Statistic 4

"Average income for workers in their 20's in New York City is about $50,200 per year."

Statistic 5

"The average salary in Manhattan is around the $71,897 mark."

Statistic 6

"The average salary in Brooklyn, New York City, is $51,857."

Statistic 7

"A person in Queens, NYC, would earn an average of $50,532 per year."

Statistic 8

"The average annual income for Bronx, NYC residents, is $47,892."

Statistic 9

"Staten Islnd, NYC residents have an annual average income of $57,036."

Statistic 10

"For every eight years of work experience, salaries in New York City, on average, double."

Statistic 11

"Persons aged 25-34 in New York City have a median annual income of $52,709."

Statistic 12

"The median salary for NYC residents aged 35-44 is $64,632."

Statistic 13

"The median salary for NYC residents aged 45-54 is $75,091."

Statistic 14

"The median salary for NYC residents aged 55-64 is $79,252."

Statistic 15

"The median salary for NYC residents aged 65 and older is $40,680."

Statistic 16

"The average salary in the Financial District, NYC is $113,820."

Statistic 17

"The average salary in the Upper East Side, NYC is $155,213."

Statistic 18

"The average salary in Chelsea, NYC, is $101,359."

Statistic 19

"The average salary in Harlem, NYC, is $66,446."

Statistic 20

"The average salary in East Village, NYC, is $109,570."

In summary, the statistics reveal a wide range of income levels across different age groups and neighborhoods in New York City. Salaries tend to increase with age, with a notable jump occurring in the mid-fifties. Young professionals in their 20s start with a modest average income, which can nearly double with promotions and work experience over the years. Disparities exist in average salaries between neighborhoods, with more affluent areas like the Upper East Side boasting significantly higher average incomes compared to areas like the Bronx. These statistics provide valuable insights into the diverse economic landscape of New York City, highlighting opportunities for career growth and income disparities among residents.