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

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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 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 City Mid-Hudson Long IslAnd Northern Southwest Region New Jersey Connecticut Percent Change in Population from 2010 to 2017 Source: ACS 1-Year Estimate Inner Core = NYC + Hudson County 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 United States 78 77 76 75 74 73 1980 1985 1990 1995 2000 2005 2010 2014 Housing 35,000 10,000 15,000 20,000 25,000 30,000 5,000 Building Permits for New York Region York forNew Building Permits 0 2003 2004 2005 2006 2007 Buildings 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 0 2003 2004 2005 2006 2007 2008 Units Source: U.S. Census Building Permit Survey Permit Building Census U.S. Source: 2009 2010 2011 2012 2013 2014 2015 2016 2017 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 Commuter Rail 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.
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