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A Brief Snapshot of Changes in the New York-New Jersey-Connecticut Region

A Brief Snapshot of Changes in the New York-New Jersey-Connecticut Region

A Brief Snapshot of Changes in the -New - Region

2018 Trends in Population, Jobs, Housing, Transportation and Energy

Updated 12/14/2018 Region Summary for 2017

Population: 22,994,000 People Employment: 10,842,000 Jobs Poverty Rate: 12.5% of People in Poverty Transit Ridership: 4,241,000,000 Rides Average Home Value: $380,500

Sources: ACS 1-Year Estimates, BLS Monthly Employment Report, NTD Service Data, and Zillow Home Value Index People Percent Change in Population from 2010 to 2017

5.3%

3.2% 3.4%

2.1%

0.9% 1.1%

New York Mid-Hudson Northern Southwest Region Connecticut Percent Change in Population from 2010 to 2017

Source: ACS 1-Year Estimate

Inner Core = NYC + Hudson Middle Ring = Fairfield, Bergen, Essex, Outer Ring = Everything Else Middlesex, Monmouth, Morris, Passaic, Somerset, Union, Nassau, Westchester Change in Population by Race and Ethnicity, 2010 to 2017 Jobs Summary of Regional Employment

Most Recent Data: 10,965,750 Jobs

First Year Above 10mil Peak Pre-Recession: Jobs Post-Recession: Beginning of the 10,024,000 Jobs 10,111,000 Jobs Century: 9,818,000 Jobs Low-Point Post-Recession: Low-Point of Early 2000s: 9,673,000 Jobs 9,638,000 Jobs

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Source: BLS, Monthly State and Area Employment, Hours, and Earnings—Seasonal Note: 2018 data is a 10 month average through October. Average Annual Change in Employment, 2010-2015 & 2015-2018

2.7% 2010-2015 2015-2018

1.9% 1.7% 1.7% 1.6% 1.4% 1.3% 1.3% 1.2% 1.2% 1.1% 0.9% 1.0%

0.1%

New York City Long Island Hudson Valley Northern Southwestern Region Nation New Jersey Connecticut Source: BLS, Monthly State and Area Employment, Hours, and Earnings — Seasonal Poverty Rate by Sub Region, 2010 & 2017

-2.1% 2010 2017 20.1% 18.0% -1.9% -0.9% 15.3% 13.3% 13.4% +0.1% -0.4% -0.7% 12.4%

10.0% 10.3% 10.1% +0.4% 9.9% 9.9% 9.4%

6.0% 6.4%

New York City Long Island Hudson Valley Northern Southwestern Region Nation New Jersey Connecticut Source: ACS 1-Year Estimate Life Expectancy in New York, New Jersey, and Connecticut, 1980-2014

81 Connecticut New Jersey 80 New York 79

78

77

76

75

74

73 1980 1985 1990 1995 2000 2005 2010 2014 Housing Building Permits for New York Region

Buildings 35,000 Units 80,000 30,000 70,000

25,000 60,000

20,000 50,000

40,000 15,000 30,000 10,000 20,000 5,000 10,000

0 0 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Source: U.S. Census Building Permit Survey Housing Unit Permits, 2010-2015 Home Value by Sub Region

$750,000 New York City $650,000

$550,000

$450,000 Long Island

$350,000 New Jersey Hudson Valley $250,000 Connecticut

$150,000 Source: Zillow Home 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Value Index (ZHVI) Percent Change in Home Values by County, 2010-2017

Source: Zillow Home Value Index (ZHVI) Share of Income Used for Housing in the Region

Source: ACS 1-Year Estimates and U.S. Census Transportation Ridership for New York City’s Subway

Source: MTA Annual Ridership Data 1,760,000,000

1,740,000,000

1,720,000,000

1,700,000,000

1,680,000,000

1,660,000,000

1,640,000,000 2012 2013 2014 2015 2016 2017 Ridership for Other Major Transit Agencies

Source: National Transit Database Bus Service 105 1,000

100 900

95 Millions 800 Millions 700 90 600 MTA Bus Service 85 500 80 NJ Transit Bus Service Metro-North 400 75 Long Island Rail Road 300 70 New Jersey Transit 200 65 PATH Train 100

60 -

2012 2013 2014 2015 2016 2017 2012 2013 2014 2015 2016 2017 Transportation Mode for Region

Source: ACS 1-Year Estimate 2010 1.5% 2017 1.4% 0.5% 0.6% 4.1% 4.6% 5.5% Car 5.6% Carpool Transit

26.9% 54.4% Walk 28.1% 53.1% Bike Taxi and Other 7.1% Work at Home 6.6%

*2010 Total: 10,094,232 *2017 Total: 11,135,912 Mean Commute Time in Minutes, 2010-2017

45 New York City 40

35 Long Island Hudson Valley Norther New Jersey 30 Southwestern Connecticut 25

20 2010 2011 2012 2013 2014 2015 2016 2017 Source: ACS 1-Year Estimate Commute Length for the Region

Source: ACS 1-Year Estimate

48.8% 47.7% 2005 45.3% 44.0% 2010 2014 2017

22.7% 23.2% 22.9% 21.8% 21.3% 19.6% 18.2% 18.4%

11.1% 11.3% 11.8% 11.7%

Less Than 30 Minutes 30-44 Minutes 45-60 Minutes More Than 60 Minutes Increase in NYC-bound commuters (2010-2015) Energy Energy Generation Capacity (MW) within the Region

Change in generation capacity share

30,000 Natural Gas + 11.8%

25,000 Oil - 9.7%

20,000 Nuclear - 0.2%

15,000 Coal - 4.5% 10,000 Hyrdro + 0.0% 5,000 Renewables + 0.2% - 2010 2011 2012 2013 2014 2015 2016 2017 Solar + 1.0% Data Sources Summary

Population Data Average Home Value American Community Survey, Zillow, Zillow Home Value Index (ZHVI) 1-Year Estimates: Table B01003 Building Permits Employment U.S. Census Building Permits Survey BLS, Monthly State and Area Employment, Hours, and Earnings—Seasonal Energy Generation Energy Information Administration Form 860, Poverty Rate “Generator Data” American Community Survey, 1-Year Estimates: Table S1701

Transit Ridership National Transit Database, Agency Service Database