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Demographic profile · New York city, NY

New York city, NY — demographic & market profile

New York city, NY demographic + market profile in one place — population, household income, home value, owner-occupancy, housing age, and the LocalVein Market Opportunity Score derived from those signals.

Population
8,516,202
Median HH income
$79,713
Median home value
$751,700
Market score
59.39

The numbers

Total population
8,516,202
Median household income
$79,713
Per-capita income
$50,776
Median home value
$751,700
Median gross rent (monthly)
$1,779
Total housing units
3,649,896
Owner-occupied units
1,086,420
Homeownership rate
29.8%
Higher = longer customer tenure for local-services businesses.
Median year built
1952
Older housing stock tends to generate more home-services demand per capita.
Median age
38.0
Market Opportunity Score
59
0-100 composite of the demographic signals above.

Source: publicly available demographic records (5-Year aggregate), latest release ingested by LocalVein. Updated April 2026.

How the Market Opportunity Score uses these numbers

The Market Opportunity Score (0-100) compresses the demographic profile into one agency-prospecting question: does this market support local-services agency retainers? Higher household income lifts the ceiling on what businesses here can afford to spend on marketing. Higher owner-occupancy correlates with longer customer tenure, which correlates with higher CLV — which means the local plumber here can spend more per acquisition.

Median home value and median year-built layer in housing-stock signals: older homes in expensive markets generate more home-services demand per capita than newer homes in equivalent markets. Population sets the absolute size of the addressable customer base — but a low-population market with the right income profile can outperform a high-population market without it.

For the full methodology see the glossary entry and the playbook.

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