State Ledger
State profile

New York FIPS 36

Population
20,114,745
Median household income
$75,157
Nonfarm employment
9,986,200
Business establishments
541,313

State Highlights

Largest employer sector
Health care and social assistance
1,861,291 employees
Business concentration
21.2%
of private employment in Health care and social assistance
Home prices, 1 year
+5.3%
FHFA
Federal outlays per capita
$10,954.86
USASpending.gov

Economy & Labor

Total nonfarm employment

BLS Current Employment Statistics, not seasonally adjusted · persons · 20 months available · latest observation: August 2026
Employment ratio
50.3%
employed ÷ population
Unemployed population (ACS)
642,913
Vs. July
▼ 82,900
Business density
27.3 per 1,000
establishments per capita

Leading Industries

Leading industries by employment

Ranked by private-sector employment, same measure as the Business & Industry tab · see the full breakdown there
1 Health care and social assistance 1,861,291 employees
2 Retail trade 862,844 employees
3 Administrative and support and waste management and remediation services 839,713 employees
4 Accommodation and food services 794,079 employees
5 Professional, scientific, and technical services 696,537 employees

Leading Public Companies

Top 5 by latest reported revenue

SEC EDGAR / XBRL Company Facts · see the full listing on the Public Companies tab
$182.45B
National Commercial Banks
Telephone Communications (No Radiotelephone)
$132.38B
Security & Commodity Brokers, Dealers, Exchanges & Services
$93.93B
Beverages
$85.23B
National Commercial Banks

Population & People

Homeownership rate
54.4%
4.10M of 7.53M occupied homes are owner-occupied

Population by age

U.S. Census Bureau, ACS 5-year estimate (table B01001) · reconciles to total population
0–17
4.22M · 21.0%
18–24
1.82M · 9.0%
25–34
2.90M · 14.4%
35–44
2.55M · 12.7%
45–54
2.60M · 12.9%
55–64
2.70M · 13.4%
65–74
1.93M · 9.6%
75+
1.40M · 7.0%

Housing & Real Estate

Median home value
$340,600
Median gross rent
$1,390 / month
Vacancy rate
10.9%
Total housing units
8.45M
Owner-occupied homes
4.10M
Renter-occupied homes
3.43M
Home prices, 1 year
+5.3%
Home prices, 5 years
+49.9%
Latest FHFA period
2026 Q2

ACS: 2021 ACS 5-year · FHFA: 2026 Q2

ACS housing estimates from the U.S. Census Bureau — median home value reflects owner-reported value, not a current sale price. House-price changes are from the FHFA All-Transactions House Price Index, a measure of price appreciation over time, not a home-value estimate.

Federal Spending

Total federal outlays
$217.45B
Outlays per capita
$10,954.86
Total prime award value
$241.55B

Source: USASpending.gov · specific reporting period not published in this dataset