Poverty rate in New York City double the national average
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Wall Street Apes
New Yorkers are living in poverty at double the national rate
“Eye-opening new poverty study is another reminder how tough it is to survive in New York City. Robin Hood and Columbia University study found
- 26% of New Yorkers lived in poverty in 2024. That is double the national figure of 13%
- 34% of families that earn up to $100,000 say they could not afford basic needs
- 22% of families making up to $150,000 say they experienced some kind of hardship