Unique New York
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Key indicators of the economic performance of New York State
The Public Policy Institute, Albany NY
PDF  |
Amount |
Growth |
US Rank |
Source |
|
| 1. Gross State Product 2008 | $1,144,481,000,000 |
US Rank: 3 |
(Bureau of Economic Analysis, US Department of Commerce) | |
| 2. Per-capita Gross State Product 2008 | $58,718 |
US Rank: 3 |
(Bureau of Economic Analysis, US Department of Commerce, US Census Bureau) | |
| 3. Personal Income Growth | 1999 $616,056,731,000 2009 $917,610,217,000 |
Percent growth: 49% |
US Rank: 36 |
(Regional Economic Information System, Bureau of Economic Analysis, US Department of Commerce) |
| 4. Personal Income Downstate 2008 (12-county MTA Region) | $721,674,618,000 State share: 71.4% |
Personal Income Growth Downstate 1998-2008: 65% |
US Rank: Downstate NY Region lags behind 24 states |
(US Census Bureau) |
| 5. Personal Income Upstate 2008 (50 non-MTA Region counties) | $288,534,886,000 State share: 28.6% |
Personal Income Growth Upstate 1998-2008: 51% |
US Rank: Upstate NY Region lags behind all states except Ohio and Michigan |
(US Census Bureau) |
| 6. Population Growth 2000-2009 | April 2000: 18,976,457 July 2009: 19,541,453 |
Percent Growth: 3% |
US Rank (by percent growth): 42 |
(US Census Bureau, Population Estimates Program) |
| 7. Population Growth Downstate 2000-2009 | Percent growth: 5% |
US Rank: 36 |
(US Census Bureau, Population Estimates Program) | |
| 8. Population Growth Upstate 2000-2009 | Percent growth: -1% |
US Rank: Behind all US states and Washington, DC |
(US Census Bureau, Population Estimates Program) | |
| 9. Local Property Tax 2009 | Total Levy: $45,874,550,784 Per-capita levy: $2,353.71 |
US Rank by per-capita levy: NY is in top 3 |
(Office of the NYS Comptroller) | |
| 10. State and Local Personal Income Tax Per-capita 2007 | $2,200 |
US Rank: 1 |
(Tax Foundation) | |
| 11. State and Local Corporate Income Tax Per-capita 2007 | $640 |
US Rank: 2 |
(Tax Foundation) | |
| 12. State and Local Taxes as a Percentage of State Income 2008 | 11.7% |
US Rank: 2 |
(Tax Foundation) | |
| 13. State and Local Government Debt Per-capita 2007 | $13,384 |
US Rank: 3 |
(US Census Bureau, Tax Foundation) | |
| 14. State and Local Spending Per-capita 2010 | $14,742 |
US Rank: 4 |
(usgovernmentspending.com) | |
| 15. Medicaid Spending Per-capita 2007 | $2,298 |
US Rank: 1 |
(Kaiser Family Foundation) | |
| 16. K-12 Education Spending Per-student 2007 | $15,981 |
US Rank: 1 |
(Survey of Local Government Finances, School Systems US Census) | |
| 17. Median Cost of Housing per Month 2007 | $1,865 |
US Rank: 5 |
(US Census Bureau) | |
| 18. Cost of Electricity 2009 (cents per kilowatt-hour) | 16.24 (72% above US avg.) |
US Rank: 3 |
(US Energy Information Administration) | |
| 19. Business Climate 2010 | US Rank: 50 |
(American Legislative Exchange Council--Laffer State Economic Competitiveness Index) | ||
| 20. Business Tax Climate Index | 2011: 3.73 |
US Rank: 50 |
(Tax Foundation) | |
| 21. Innovation Index 2009 | 74.42 |
US Rank: 9 |
(The Information Technology and Innovation Foundation) |