Everything You Should Know Before Moving to New York, NY
Thinking of moving to New York, NY? With a vibrant population of 8.3 million, the city offers unmatched diversity, world-class education, and endless amenities. The median home price is $760,000, and average rent for a two-bedroom is $2,650. Expect a higher cost of living, a 41-minute average commute, and robust public transit options. While crime rates are moderate for a major city, you'll find excellent healthcare, top schools, and nearly 60% sunny days each year. Explore the Big Apple's dynamic neighborhoods and opportunities as you plan your move!
Demographics - New York, NY
Demographics - New York, NY
New York City is home to over 8.3 million residents, making it one of the most densely populated urban centers in the U.S. The city boasts remarkable diversity, with nearly half the population speaking a language other than English at home and a significant mix of ethnic backgrounds. The median age of 38.7 reflects a balanced community appealing to both young professionals and families.
Population:
8,335,897
Density:
29,300 per sq mi
Median Age:
38.7
Gender Ratio:
90 males per 100 females
Non-English Speakers Percentage:
48.5%
Ethnic Composition
White:
31.0%
Black:
20.2%
Asian:
15.6%
Others:
33.2%
Cost Of Living
What is the average cost of living in New York, NY?
Living in New York City comes with a high cost, with a median home value of $760,000 and average rent around $2,050 per month. The cost of living index is significantly above the national average, especially for housing and transportation. Residents should budget for higher daily expenses and state taxes ranging from 4% to 10.9%.
Median House Value:
$760,000
Gross Rent:
$2,050
Monthly Electricity Charges:
$120
Auto Insurance:
$2,400
House Owner Cost With Mortgage:
$3,350
House Owner Cost Without Mortgage:
$1,070
State Taxes:
Low:
4.0%
|
High:
10.9%
Cost Of Living Index:
187.2
Grocery:
129.7
Housing:
239.1
Utilities:
104.2
Transportation:
163.4
Health Care:
114.5
Miscellaneous:
126.5
Crime
Is New York, NY a safe place to live?
New York City has a moderate crime rate for its size, with 538 violent crimes and 1,379 property crimes per 100,000 residents annually. The chances of being involved in a violent crime are about 1 in 186, which is lower than many comparably sized cities. Overall, safety has improved in recent years, making most neighborhoods attractive for new residents.
Violent Crimes Per 100k:
538
Property Crimes Per 100k:
1,379
Crime Index:
1,917
Chance Of Violent Crime:
1 in 186
Chance Of Property Crime:
1 in 72
Weather
What is the weather like in New York, NY year-round?
New York experiences all four seasons, with cold winters averaging lows around 27°F and warm summers reaching highs of 85°F. The city enjoys about 58% sunny days and nearly 50 inches of annual rainfall, offering a mix of vibrant seasonal changes. Residents can expect comfortable springs and falls, making outdoor activities enjoyable much of the year.
Winter
Min:
27°F
Max:
41°F
Spring
Min:
47°F
Max:
67°F
Summer
Min:
69°F
Max:
85°F
Fall
Min:
52°F
Max:
71°F
Average Rainfall Inches:
49.9 inches
Sunny Days Percentage:
58%
Neighbors
The city’s median household income is $76,607, with a poverty rate of 17% and an unemployment rate of 5.2%. Over half of New Yorkers use public transportation, and average commute times are about 41 minutes. The area is known for its cultural diversity and high educational attainment, with more than 40% of adults holding a bachelor's degree or higher.
Median Income:
$43,290
Household Income:
$76,607
Family Income:
$89,600
Per Capita Income:
$44,997
Income Male:
$51,350
Income Female:
$44,320
Poverty Rate:
17.0%
Non English Speakers:
48.5%
Rent:
$2,050
Unemployment Rate:
5.2%
Public Transport Usage:
56.6%
Commute Time:
41.2 minutes
Education
High School or Higher:
83.5%
Bachelors or More:
40.1%
Education
How are the schools in New York, NY?
New York City offers a wealth of educational opportunities, from top-rated public schools like Stuyvesant High School to prestigious universities such as NYU and Columbia. The city’s school system supports diverse learning environments and high academic achievement. With numerous private schools and colleges, families and students have access to quality education at every level.
Public Schools
Name:
Stuyvesant High School
Street:
345 Chambers St
Phone:
212-312-4800
Students:
3,300
Student Teacher Ratio:
22.0
Name:
P.S. 234 Independence School
Street:
292 Greenwich St
Phone:
212-233-6034
Students:
800
Student Teacher Ratio:
13.5
Private Schools
Name:
The Dalton School
Street:
108 East 89th St
Phone:
212-423-5200
Students:
1,300
Colleges
Name:
New York University
City:
New York
State:
NY
Distance:
0 miles
Students:
58,000
Name:
Columbia University
City:
New York
State:
NY
Distance:
0 miles
Students:
33,500
Healthcare
New York City provides excellent access to healthcare, featuring renowned hospitals like NewYork-Presbyterian and NYU Langone Health. With 4.5 physicians per 1,000 residents and nearly 94% health insurance coverage, residents benefit from comprehensive medical services and emergency care. The city’s healthcare index reflects strong overall quality and accessibility.
Major Hospitals
Name:
NewYork-Presbyterian Hospital
Address:
525 East 68th St, New York, NY 10065
Phone:
(212) 746-9100
Type:
General & Surgical
Emergency Services:
Yes
Name:
NYU Langone Health
Address:
550 First Avenue, New York, NY 10016
Phone:
(212) 263-7300
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
4.5
Health Insurance Coverage:
93.9%
Health Care Index:
78.2
Housing Market
What is the housing market like in New York, NY?
The housing market in New York City is competitive, with a median home price of $760,000 and average two-bedroom rents at $2,650. Homeownership rates are relatively low at 32.6%, reflecting the city's large rental population. Property values have seen steady appreciation, making the market attractive but challenging for first-time buyers.
Median Home Price:
$760,000
Average Rent For 2 Bedroom:
$2,650
Owner Occupied Rate:
32.6%
Rental Vacancy Rate:
4.2%
Home Appreciation Rate (1yr):
3.2%
New Construction Rate:
1.7%
Foreclosure Rate:
0.3%
DMV Information
The New York State Department of Motor Vehicles serves city residents from its main office in Albany and provides comprehensive driver and vehicle services online and by phone. New Yorkers can access licensing, registration, and other essential DMV services through the state’s website or helpline. Planning ahead for DMV appointments is recommended due to high demand.
State:
New York
Department:
New York State Department of Motor Vehicles
Address:
6 Empire State Plaza, Albany, NY 12228
Phone:
1-518-486-9786
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.