New York’s technology industry spans all five boroughs, with growth powered by startups, venture capital, and research. In 2022, the sector contributed $140B to the city’s economy and employed 358,000 workers. Tech pay also stands out: the average tech salary was $153,000 in 2023, 40% above the citywide average. Women now represent 28% of the tech workforce as the industry expands.
Key Takeaways
- NYC hosts over 1,200 tech startups founded since 2020
- There are 450 venture-backed tech companies in NYC with $50B+ total funding
- NYC fintech startups number 350, leading US outside SF
- NYC tech sector GDP contribution: $140B in 2022, 10% of city GDP
- Tech exports from NYC: $25B in goods/services 2022
- NYC tech multiplier effect: every tech job creates 2.5 others
- New York City's technology sector employed 358,000 workers in 2022, representing a 5% increase from 2021
- The average salary for tech workers in New York City was $153,000 in 2023, 40% higher than the citywide average
- Women make up 28% of the tech workforce in NYC, up from 25% in 2019
- NYC filed 15,200 tech patents in 2022, 3rd highest US metro
- NYC universities produced 2,500 tech-related patents 2018-2022
- AI patent applications from NYC firms: 1,800 in 2023
- NYC venture funding reached $28.6B in 2021, 2nd highest in US
- Q1 2024 NYC tech funding: $2.1B across 120 deals
- Fintech funding in NYC: $4.5B in 2023
NYC’s tech surge is driving record funding, jobs, and innovation, from AI and fintech to broader economic gains.
Related reading
01 · Category
Companies And Startups29 stats
01
NYC hosts over 1,200 tech startups founded since 2020
02
There are 450 venture-backed tech companies in NYC with $50B+ total funding
03
NYC fintech startups number 350, leading US outside SF
04
120 AI startups headquartered in NYC as of 2024
05
NYC has 85 healthtech companies valued over $100M each
06
Enterprise software firms: 280 in NYC metro, employing 25,000
07
65 edtech startups in NYC raised $2B+ since 2018
08
NYC cleantech startups: 110, with 20% YoY growth
09
Gaming and AR/VR firms: 75 in NYC
10
200+ SaaS companies founded in NYC post-2015
11
NYC blockchain/crypto startups: 90 active in 2023
12
Big tech offices in NYC: Google (7,000 employees), Meta (2,500), Amazon (5,000)
13
Unicorn startups in NYC: 12 as of 2024 including Ramp, Vercel
14
NYC has 3,500 tech firms with 10-50 employees
15
Proptech startups: 150 in NYC, market leader in US
16
Adtech companies: 220 headquartered in NYC
17
NYC martech startups grew to 130 in 2023
18
Foodtech firms: 60 in NYC metro
19
NYC has 400+ B2B tech startups under 5 years old
20
Logistics tech companies: 95 in NYC
21
NYC insurtech startups: 50, raised $1.5B total
22
Mobility tech firms: 80 in NYC
23
NYC deep tech startups: 45 with $800M funding
24
E-commerce tech companies: 140 active in NYC
25
NYC cybersecurity firms: 120
26
Hardware tech startups: 35 in NYC, niche leader
27
NYC agtech companies: 25, growing rapidly
28
Fashiontech startups: 55 in NYC
29
NYC has 950 tech companies with 50+ employees
Interpretation
Companies And Startups Interpretation
NYC’s startup scene is surging with over 1,200 tech startups founded since 2020 and 450 venture backed tech companies backed by $50B plus total funding, showing that the city is rapidly concentrating high growth, investment ready companies across multiple categories.
02 · Category
Economic Impact27 stats
01
NYC tech sector GDP contribution: $140B in 2022, 10% of city GDP
02
Tech exports from NYC: $25B in goods/services 2022
03
NYC tech multiplier effect: every tech job creates 2.5 others
04
Property tax revenue from NYC tech firms: $3.2B annually 2023
05
Tech sector wage premium adds $40B to NYC payroll taxes yearly
06
NYC tech startups generated 15,000 indirect jobs in 2023
07
Fintech economic output: $35B, 4% of NYC GDP in 2022
08
Tech tourism to NYC: $1.8B spend by 2M visitors annually
09
NYC tech reduces city operational costs by $2B via digitization 2023
10
Venture funding ROI: $7economic return per $1 invested in NYC tech
11
Tech firms paid $28B in NYC income taxes 2022
12
Brooklyn tech corridor adds $12B to local economy yearly
13
NYC AI sector contributes $18B GDP slice in 2023
14
Tech-enabled retail sales boost: $50B annual in NYC
15
Cybersecurity industry safeguards $1T NYC assets annually
16
NYC edtech improves student outcomes, $5B lifetime earnings gain
17
Proptech efficiencies save NYC $900M in real estate costs 2023
18
Cleantech reduces NYC energy costs by $1.2B yearly
19
NYC logistics tech cuts delivery costs 15%, $3B savings 2023
20
Healthtech innovations lower NYC healthcare spend $4B annually
21
NYC adtech generates $10B media spend yearly
22
Tech boosts NYC tourism GDP by 12% to $45B in 2023
23
E-commerce tech adds $20B to NYC retail economy 2023
24
NYC insurtech premiums growth: $15B market, 20% from tech
25
Mobility tech reduces congestion costs $2.5B yearly in NYC
26
Fashiontech export value: $8B from NYC in 2023
27
NYC tech sector venture exits returned $12B to investors 2023
Interpretation
Economic Impact Interpretation
In the Economic Impact picture, NYC’s tech sector is a major engine of citywide economic activity with $140B in 2022 GDP contribution and a ripple effect where every tech job supports 2.5 additional jobs, helping drive $25B in tech exports and $3.2B in annual property tax revenue.
03 · Category
Employment And Jobs30 stats
01
New York City's technology sector employed 358,000 workers in 2022, representing a 5% increase from 2021
02
The average salary for tech workers in New York City was $153,000in 2023, 40% higher than the citywide average
03
Women make up 28% of the tech workforce in NYC, up from 25% in 2019
04
NYC tech jobs grew by 25% from 2017 to 2022, outpacing national average of 15%
05
There were 42,000 software developers employed in NYC in 2023, the largest tech occupation
06
NYC's tech unemployment rate was 2.1% in 2023, below the national tech rate of 2.5%
07
Black and Latino workers represent 22% of NYC tech hires in 2022, doubling from 2018
08
Remote tech jobs in NYC increased to 35% of total tech employment post-COVID in 2023
09
NYC added 18,000 cybersecurity jobs between 2020 and 2023
10
Tech occupations accounted for 8% of all NYC jobs in 2022, up from 6% in 2017
11
Entry-level tech salaries in NYC averaged $105,000in 2023
12
NYC tech workforce diversity improved with 15% increase in underrepresented minorities from 2020-2023
13
There are 12,500 data scientists employed in NYC metro area as of 2023
14
NYC tech job postings rose 12% year-over-year in Q1 2024
15
Veterans hold 4% of NYC tech jobs, supported by 50+ veteran tech programs
16
NYC's fintech sector employs 65,000 workers in 2023
17
Tech apprenticeships in NYC trained 5,200 workers in 2022-2023
18
AI/ML engineers in NYC number 8,200 with median salary $165,000in 2023
19
NYC tech sector retained 92% of jobs during 2023 economic slowdown
20
Immigrants comprise 45% of NYC tech workforce in 2023
21
NYC has 7,300 UX/UI designers employed, growing 18% since 2020
22
Tech jobs in Brooklyn grew 30% faster than Manhattan from 2019-2023
23
NYC tech sector projected to add 50,000 jobs by 2027
24
22% of NYC tech workers have advanced degrees in 2023
25
Cloud computing specialists in NYC: 9,100 jobs with 14% growth 2022-2023
26
NYC tech layoffs affected only 3% of workforce in 2023 vs 5% nationally
27
DevOps engineers: 6,500 positions in NYC, avg salary $148,000in 2023
28
NYC women-led tech firms employ 12% more diverse teams on average
29
Product managers in tech: 5,800 roles in NYC 2023
30
NYC tech job satisfaction rate: 78% in 2023 survey of 10,000 workers
Interpretation
Employment And Jobs Interpretation
Employment and jobs in New York’s tech sector are strengthening, with NYC employing 358,000 workers in 2022 a 5% rise from 2021 and tech employment growth of 25% from 2017 to 2022 outpacing the national average of 15%.
More related reading
04 · Category
Innovation And R&d24 stats
01
NYC filed 15,200 tech patents in 2022, 3rd highest US metro
02
NYC universities produced 2,500 tech-related patents 2018-2022
03
AI patent applications from NYC firms: 1,800 in 2023
04
NYC R&D spending by tech firms: $12B annually in 2022
05
Fintech patents granted to NYC entities: 950 from 2020-2023
06
NYC ranks #2 in US for cybersecurity patents with 2,100 since 2015
07
Biotech R&D labs in NYC: 180, investing $4.5B yearly
08
Quantum computing research papers from NYC institutions: 450 in 2023
09
NYC open-source contributions: 1.2M commits to GitHub in 2023
10
AR/VR patents filed in NYC: 620 in 2022-2023
11
NYC cleantech innovation score: 85/100, top 5 US cities
12
Machine learning models developed by NYC firms: 3,400 registered 2023
13
NYC accelerators supported 500 startups with 1,200 prototypes in 2023
14
Blockchain patents: 780 granted to NYC inventors 2020-2023
15
NYC data analytics tools patented: 1,100 since 2019
16
Robotics startups in NYC filed 250 patents 2022-2023
17
NYC's innovation districts host 40% of city R&D activity
18
Computer vision patents from NYC: 890 in 2023
19
NYC firms lead in edge computing patents with 520 grants 2021-2023
20
Generative AI R&D spend in NYC tech: $2.1B in 2023
21
NYC natural language processing papers: 1,500 published 2023
22
Semiconductors R&D facilities: 15 in NYC metro, $800M invested
23
NYC 5G innovation patents: 1,050 since 2019
24
IoT patents granted: 1,400 to NYC companies 2020-2023
Interpretation
Innovation And R&d Interpretation
With NYC filing 15,200 tech patents in 2022 and universities adding 2,500 tech-related patents from 2018 to 2022, the data shows that the city’s Innovation and R&D strength is driven by sustained, year over year research output alongside rapid AI momentum, highlighted by 1,800 AI patent applications from NYC firms in 2023.
05 · Category
Venture Funding27 stats
01
NYC venture funding reached $28.6B in 2021, 2nd highest in US
02
Q1 2024 NYC tech funding: $2.1B across 120 deals
03
Fintech funding in NYC: $4.5B in 2023
04
AI startups in NYC raised $1.2B in 2023, 30% YoY growth
05
Seed stage deals in NYC: 350 in 2023, avg $2.5M per deal
06
Series A funding avg in NYC: $12M, 250 deals in 2023
07
Late-stage VC in NYC: $10B in 2023, led by 15 mega-deals
08
Corporate VC investments in NYC tech: $3.2B from 2020-2023
09
Women-led startups in NYC secured $850M in 2023
10
Black-founded tech firms in NYC raised $450M in 2023
11
NYC climate tech funding: $900M in 2023 across 40 startups
12
Healthtech VC in NYC: $2.8B in 2023
13
Edtech funding dropped to $500M in NYC 2023 from $1.2B peak
14
Proptech investments: $1.1B in NYC 2023
15
NYC crypto/blockchain funding: $600M in 2023
16
Growth equity deals in NYC tech: 80 totaling $4B in 2023
17
Angel investments in NYC: $300M across 200 deals in 2023
18
NYC VC firms: 250 active, managing $150B AUM
19
Follow-on funding for NYC startups: 65% retention rate in 2023
20
Gaming VC in NYC: $400M in 2023
21
Insurtech funding NYC: $700M 2023
22
Deep tech VC rounds: 30 in NYC 2023 totaling $1.5B
23
B2B SaaS funding: $3.5B in NYC 2023
24
Mobility tech investments: $550M NYC 2023
25
Adtech VC: $250M across 15 NYC deals 2023
26
NYC startups achieved 15 exits valued over $100M in 2023
27
Median VC deal size in NYC: $8M in 2023
Interpretation
Venture Funding Interpretation
Venture funding in NYC stayed robust and accelerating, with $28.6B raised in 2021 and Q1 2024 bringing in $2.1B across 120 deals, while AI alone attracted $1.2B in 2023 showing a 30% year over year jump.
Reference
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
APA
Megan Gallagher. (2026, February 13). New York Technology Industry Statistics. Gitnux. https://gitnux.org/new-york-technology-industry-statistics
MLA
Megan Gallagher. "New York Technology Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/new-york-technology-industry-statistics.
Chicago
Megan Gallagher. 2026. "New York Technology Industry Statistics." Gitnux. https://gitnux.org/new-york-technology-industry-statistics.
Sources & references
94 datasets cited across this report · attribution is report-level
+1 additional datasets cited (not shown individually)