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#11

New York

β€œThe Empire State”

Admitted: July 26, 1788
Capital: Albany
19.6M people
$2053.2B GDP

What Makes New York Beautiful

New York stretches far beyond its iconic skyline, encompassing the wild Adirondack Mountains with their ancient peaks and mirror-still lakes, the thundering majesty of Niagara Falls, and the pastoral beauty of the Hudson River Valley. The Finger Lakes wine country, Catskill waterfalls, and Thousand Islands archipelago reveal a state of remarkable natural diversity.

Niagara FallsAdirondack MountainsFinger LakesCatskill MountainsThousand Islands

Key Metrics

19.6M

Population

$2053.2B

GDP

+4.2%

GDP Growth (5yr)

$75.9K

Median Income

12.7%

Tax Burden

History

1609

Henry Hudson explores the river that bears his name

1788

Ratifies the Constitution as the 11th state

1825

Erie Canal opens, connecting the Great Lakes to the Atlantic

1886

Statue of Liberty dedicated in New York Harbor

1931

Empire State Building completed as world's tallest

2001

September 11 attacks destroy the World Trade Center towers

Top Cities

#1

New York City

8.3M

Largest US city; global finance, culture, and media capital

#2

Buffalo

255K

Lake Erie city; chicken wing birthplace; revitalizing

#3

Rochester

211K

Finger Lakes gateway; former optics and imaging hub

#4

Yonkers

200K

NYC suburb; Hudson River waterfront

#5

Albany

99K

State capital; government and higher education hub

Economy & Industry

Core Industries

FinanceMediaTechnologyHealthcareFashionTourism

Natural Resources

SaltGarnetSand and GravelZinc

Energy Portfolio

Natural Gas
34%
Nuclear
25%
Wind
8%
Hydro
20%
Solar
5%
Other Renew.
8%

Budget & Fiscal Health

$227.5B

State Budget

$218.8B

State Revenue

$-8.7B

Fiscal Balance

Social Indicators

12.7%

Poverty Rate

38.7%

College Degree

5.2%

Uninsured

350/100K

Crime Rate

Where is New York Headed?

GDP Projections ($B)

Scenario1yr5yr10yr25yr50yr
Optimistic$2076B$2168B$2289B$2694B$3534B
Baseline$2070B$2141B$2232B$2531B$3119B
Pessimistic$2064B$2105B$2159B$2328B$2640B

Political Landscape

D
R

D+12

Data timestamp: 2025-Q1 Β· Sources: U.S. Census Bureau, BEA, EIA, FBI UCR