|Mean travel time to work (minutes), workers age 16 years+, 2015-2019||33.6|
|Income & Poverty|
|Median household income (in 2019 dollars), 2015-2019||$68,486|
|Per capita income in past 12 months (in 2019 dollars), 2015-2019||$39,326|
To live a comfortable and satisfying lifestyle in New York , even when you have roommates splitting the cost, a yearly income of $50,000 or more is ideal.
Your annual salary of $200,000 would end up being about $96.15 per hour. You’d live pretty good in NYC in fact you’d be able to live in almost every neighborhood in NYC . Rent average from 1,500 a month if you are lucky to 4,000 and higher but you could most likely buy an apartment with that kind of salary .
By this standard, about half of American adults live in middle-class households. That is why the calculator, which is based on government data from 2016, says a household of three in the New York-Newark-Jersey City metro area that earns between $55,138 and $165,413 , before taxes, is considered middle income.
$80k is enough technically but it would be a far more comfortable situation to split a place 2 or 3 ways if hell bent on living in Manhattan. Wouldn’t leave you with a lot left over after paying a $2,000 rent bill plus all utilities on your own.
Tribeca, a trendy neighborhood in downtown Manhattan , is home to New York City’s richest ZIP code, where the average income of residents is $879,000, Bloomberg reported. It’s the fifth-richest ZIP code in the US, according to Bloomberg’s ranking. Tribeca is “the epitome of downtown cool,” according to StreetEasy.
“I definitely think you can live comfortably on a salary of $50,000, even in New York City ,” says Haskins. “It’s an expensive city, but I think if you know where your money is going and you recognize what your priorities are, it’s totally doable.”
Yes you can , you won’t live the life of luxury and you won’t be living on the island, but you can work and live in the five boroughs of NYC on that salary. My first job wasn’t much more than 40k and it was hourly non salary pay without benefits.
Yes, easily, but you would have to share an apartment, paying about $750 per month for a room in the outer boroughs and far out in them as well, but at $30,000 your taxes would be low and you might still have $1,000 or so a month left for other expenses.
25 jobs where you can earn more than $100,000 a year Physician. Median base salary : $180,000. Lawyer. Median base salary : $144,500. R&D manager. Median base salary : $142,120. Software development manager. Median base salary : $132,000. Pharmacy manager. Median base salary : $130,000. Strategy manager. Software architect. Integrated circuit designer engineer.
NEW YORK, NY – If you can make it here, you can probably do a lot better elsewhere. New Yorkers need to earn $143,794 -a-year to be considered rich, according to a study of 42 major U.S. cities carried out by Business Insider.
A family with a combined income around $250,000 a year may not feel rich . When the international economic world is studied, they are the richest of the rich . The average salary here in the States is still around $50,000. But in America, there is a well-warranted fear about the future status for those earning this much.
Of course you can live on a salary of 60k . It’s easier to do this than in most parts of the U.S., because you don’t need a car or house or tons of furniture here, just a little apartment. Pretty much all you have to pay here is rent, food, and Metrocard. 60k isn’t even a low salary.
Is $100,000 a good salary in New York City? You make more than 70% of the New York population.
Enjoy! It’s good if you’re under 25. Otherwise, you should be aiming for at least $200k to live a good , middle class life in NYC . $100k isn’t much these days, it’s basically a starting salary for a well educated person in a top industry like banking, consulting, tech etc.