Fast Facts: The longstanding gateway to the U.S. and a cultural and financial powerhouse, the “Empire State” is memorable. Albany is the state capital and New York City is the most populous city in America.
New York Careers: As of 2008, the U.S. Census estimated New York’s population at almost 19.5 million. Forbes recently ranked New York as the 38th “Best State for Business.”
New York Career Education: New York ranked 22nd in a 2009 K-12 “Academic Achievement” study by the U.S. Chamber of Commerce.
New York Economy: While known for Wall Street, “The Big Apple” is also a leading producer of … apples.
For details and sources, click the “Career Information” tab below.
Location, Location, Location…: Located in the northeastern region of the U.S., New York has a longstanding reputation as a gateway for immigration to America and is an international financial, cultural, transportation, and manufacturing center.
Cities: New York City is the most populous city in the United States and the capital of the state of New York is Albany.
Behind the Name: New York is nicknamed the “Empire State” because of its wealth and variety of resources.
A Closer Look: New York ratified the Constitution on July 26, 1788 to become the 11th state in the nation.
Did You Know? While known as the home of Wall Street, it is also noteworthy that approximately one-third of all military battles in the Revolutionary War took place within the state of New York.
Population: 19,490,297 (2.7% increase since 2000) - 51.5% Female, 48.5% Male (2008 U.S. Census Bureau).
Business Environment: Ranked 38th in Forbes Magazine’s “Best States for Business,” 2008.
Top Industries: In terms of paid employees, according to a 2008 U.S. Census Bureau study: (1) health care and social assistance; (2) retail; (3) finances and insurance; (4) manufacturing; and (5) professional, scientific and technical services.
Taxes: Income Tax, 4.0% to 6.85% and Sales Tax, 4% (Federation of Tax Administrators).
Cost of Living: 127.1 in relation to the “National Average” of 100 (Federal Cost of Living Index).
Quality of Life: Ranked 16th of 50 states by CNBC, 2009.
Weather: Average Temperature (In °F) – Jan: 20.65; Apr: 43.51; July: 68.66; Oct: 47.76 (National Oceanic and Atmospheric Administration).
K-12: Ranked 22nd of 50 states in “Academic Achievement” by the U.S. Chamber of Commerce, 2009.
In General: New York is a world renowned business and financial centerpiece that represents a variety of industries ranging from manufacturing to finance, and it is home to Wall Street and the New York Stock Exchange.
Service Industry: The state’s service industry is driven by finance, insurance and real estate, followed by the community, business and personal service group.
Agriculture: Livestock and livestock products account for about two-thirds of New York’s agricultural income, with the state serving as a leading national producer of dairy products. New York is also a leading producer of apples, cherries and peaches.
Manufacturing: The state is a leader in manufacturing, producing a variety of goods ranging from pharmaceuticals to machinery to computer chips. New York’s key manufacturing product is chemicals, including pharmaceuticals, photographic chemicals, film and paper.
Mining: New York’s most valuable mined products are stone (limestone crushed for road construction), salt and sand.
A Closer Look: Many of the world’s leading finance, insurance and real estate companies are headquartered in New York, along with large law firms and advertising agencies.
Did You Know? Extra! Extra! Read all about it! The “New York Post” established in 1803 by Alexander Hamilton is the oldest running newspaper in the U.S.
Sources: In addition to specific citations noted in this “Career Information” section, supplementary source materials include: the U.S. Department of Agriculture Economic Research Service; Netstate.com; Education-Portal.com; USCollegeSearch.org; and Wikipedia.com.
|18,975,234||Population (as of 2000)||2.0||Average Persons Per Household (as of 2000)|
|17,816,823||Population (current)||$114,985||Average House Value (as of 2000)|
|46,060.4||Square Miles of Land||$42,843||Average House Income (as of 2000)|
|372.9||Square Miles of Water|
|502,106||Number of Businesses (as of 2003)||$86,758,321,000||Total First Quarter Payroll (as of 2003)|
|7,227,857||Number of Employees (as of 2003)||$319,869,932,000||Total Annual Payroll (as of 2003)|