Is New City, New York a Good Place To Live? - Living In New City, NY

Is New City, New York a good place to live?
New City is a city in New York state in USA with a population of 34060 residents.. The poverty rate of New City is 3.4%, which is 76% lower than national average. The typical household in New City earns $143873 a year, compared to the national median of $67,500. Nearly 13.3% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in New City, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of New City remained 5.3%, which is 13% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In New City, only 58% of adults have a bachelor's degree and 21% have some college but no degree.

Cost of living in New City is 150, which is 50% higher than national average. Median home value in New City is $494400 , which is 115% higher than national average. While median income in New City remained $143873, which is 113% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
34060
Unemployment
5.3%
13% NAT AVG.
Poverty
3.4%
76% NAT AVG.
Overall Score
7
Median Home Cost
$494400
115% NAT AVG.
Median Income
$143873
113% NAT AVG.
Median Rent
$1829
58% NAT AVG.
Cost Of Living
150
50% NAT AVG.
People Living BPL
1 in 29
Unemployed People
1 in 19
People Earning < $10,000
1 in 56
People Earning < $50,000
13.3%
People with <= High School
1 in 4.8
People With Any Degree
1 in 1.5
Pros & Cons Overview

Jobs85%

Housing95%

Affordability80%

Safety90%

Amenities90%

Diversity90%

Education90%

Commute30%