To be in the wealthiest 1% of New York City residents, you must have an annual income of at least $713,706.
According to NBC News, “In a city of nearly 9 million people, just 38,002 [New York City] tax filers are in the 1%.
Here are some more interesting statistics regarding the wealth of New Yorkers:
- The average personal income tax paid by New York City’s wealthiest 1% is $107,153.
- In 2016, 25,230 New Yorkers made more than $1,000,000 in personal income.
- In 2016, 1,412 New Yorkers had a personal income of at least $10,000,000.
Note that being a part of the top 1% of earners in New York City requires a much greater income than it does to be a part of the top 1% nationally. Being in the top 1% of earners nationally requires an annual income of $421,926.
- New York City public schools have 114,659 homeless students; a record high.
- “New York City has one of the highest populations of homeless students of any big city in America.”
- “There are more homeless students in New York City than people in Albany.”
- “At 144 [New York City] public schools, a third of the children are homeless.”
- “Tonight, about one out of every 10 students in New York City will sleep in a homeless shelter or in the homes of relatives.”
- Last year was the third consecutive year the number of homeless New York City public school students exceeded 100,000.
- “For every 1,660 homeless students, there’s roughly 1 social worker.”
- “Some students have to travel through two or more boroughs to reach school from their shelters; only about half of the city’s homeless families lived in a shelter in the same borough where their youngest child attended school last year.”
- District 10 in the Bronx has the most homeless children out of the city’s 32 districts. It has 10,804 homeless students.
- District 10 “includes Kingsbridge International High School, where about 44 percent of the students who attended the school over the last four years were homeless at one point.”
- “Last year, students living in a shelter missed an average of about 30 days in the school year.”
- Due to living challenges, homeless students are more likely to struggle at school. In New York City, “in the 2015-16 school year, just 12 percent of students living in shelters passed the state math exam, and 15 percent passed English.”
[SOURCE: The New York Times]
Earlier this week, a Manhattan federal judge decided that Mayor de Blasio will not be disjoined from a lawsuit concerning lead-paint poisoning of residents of New York City’s public housing. According to the New York Post: “Judge William Pauley ruled that de Blasio must face the suit alleging that NYCHA poisoned children through repeated failures to fix dangerous lead-paint conditions in its apartments- and then lied to federal regulators about required inspections.”
The New York Post also states that the other defendants in the lawsuit include: NYC’s deputy mayors, the former New York City Public Housing’s Chairwoman, who resigned in 2017 due to the lead-paint cover-up fiasco, and other city officials and ex-NYCHA employees.
The Riverdale branch of the New York Public Library (NYPL), located on the city’s Upper West Side, now has a collection of business attire accessories available for patrons. The library has handbags, ties, and briefcases available for library cardholders to checkout.
According to Time Out Magazine, the collection of accessories is part of the library’s Grow Up initiative, funded via NYPL’s Innovation Project. The intention of the project is to provide New Yorkers the free use of accessories that can be worn during business interviews or special events. This initiative is aimed to assist people who may not have access to such items.
A congressional New York candidate recently tweeted the following about New York City: “For every one person experiencing homelessness here, there are about three vacant apartments.” The website Politifact decided to explore this statement and research its veracity. They found that the statement was pretty close to being accurate.
According to Politifact, there are approximately 63,000 homeless people in New York City; this number breaks down to about 32,000 households. The news source also states the following statistics from a 2017 Housing and Vacancy Survey:
Total rental units= 2,183,064
Vacant (available)= 79,190
Vacant units (not available for sale or rent)= 247,977
Held for occasional, seasonal, or recreational use= 74,945
Sold (not yet occupied)= 11,156
Undergoing renovation= 58,347
Awaiting renovation= 20,283
In legal dispute= 9,626
Held pending sale of building= 5,886
Owner’s personal problems (age, illness, etc.)
Held for other reasons= 27,009
According to a recent article published in news source Staten Island Live, approximately 1,300 Staten Islanders are homeless and residing in New York City homeless shelters. However, Staten Island itself, has only one homeless shelter.
Staten Island Live states that according to the Department of Homeless Services (DHS), the single Staten Island shelter only has the capacity to house 40 homeless families and 119 homeless people.