New York CIty’s housing and demographics show the same pattern as last year with Manhattan notching the best ratio of homes to population and Staten Island faring the worst.
According to the latest U.S. Census American Community Survey, New York City had 3,649,896 housing units for its population of 8,516,202, giving it a home-to-headcount ratio of 0.43
At the top of the heap, Manhattan’s ratio was 0.56, with 918,806 units for its 1,627,788 residents. That was the only market in the tri-state region where the median home value exceeded $1 million.
At the bottom was Staten Island, with a 0.37 ratio, representing 184,074 homes for 492,734 people.
All of the other counties in the metro area had lower home-to-headcount ratios than New York City itself, but for Hudson County, which had a ratio of 0.45, with 317,032 housing units for 710,478 people.
Of the five boroughs, only Manhattan had a median income over $100,000. But in the tristate region, six of eight counties notched a six-figure median income.
Subscribe to TRD Data to unlock this content