Apr
19
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  • The Wage GapNYCEDC

April 2012 Economic Snapshot: The Wage Gap

For our April 2012 Economic Snapshot, Eileen Jones of NYCEDC’s Research & Analysis team looked at the wage gap—a measure of income inequality between genders—in New York City and the nation. Did you know?

  • In New York City, the wage gap in 2010 was 108 percent, meaning that for every $100 that a female earns in NYC, a male earns $108. Compare this to the wage gap in the United States, which was 128 percent, meaning that for every $100 that a female earns in the United States, a male earns $128. Both of these wage differentials have decreased since 2005, from 111 percent in NYC and from 130 percent in the nation.
  • On an industry level, the wage gap varies greatly. The biggest gap was in the Finance and Insurance industry, both locally and nationally. 2010 NYC male median earnings were 157 percent of females’ in this industry; the comparable U.S. wage gap was 174 percent. On the other end of the spectrum, in NYC, females earn more than men in the construction industry; for every $100 a female makes, a male earns only $83.

  • Between 2005 and 2010 the wage gap in most industries narrowed, with the largest drop in the Arts, Entertainment, and Recreation industry, where the gap fell 13.3 percentage points to 100 percent, meaning that men’s and women’s median earnings were about equal in 2010.

Listen to our podcast for more insights behind the wage gap and what the trends are post-recession, and read the full snapshot for further information. For previous Economic Snapshots, visit our economic data archive on NYCEDC’s website.

Jan
20
Ratio of Single Men to Single Women in NYC New York City’s population is 53% female and 47% male. This is a widely cited statistic that often supports an argument that the gender imbalance makes it more difficult for some women to find a partner. Using Census data, we analyzed only the population who are never married singles between the ages of 20 and 34. In this subgroup, men outnumber women—742,400 to 729,500. More interestingly, the ratio varies widely by neighborhood (we used Census Public Use Microdata Areas). On the Upper East Side, young single women outnumber young single men nearly 2 to 1. Jackson Heights, Queens is on the other end of the spectrum—where there are 1.7 males for every female. The neighborhoods with ratios of 1 to 1? Jamaica, Queens and Pelham Gardens in the Bronx. On a related note, spending at the City’s roughly 1,200 bars is approximately $855 million per year. This works out to $140 per resident age 21 and over, which is 58% higher than in the United States as a whole. StatsBee is a column featuring interesting statistics about NYC, written by economists at the Economic Research & Analysis department within NYCEDC’s Center for Economic Transformation.

Ratio of Single Men to Single Women in NYC

New York City’s population is 53% female and 47% male. This is a widely cited statistic that often supports an argument that the gender imbalance makes it more difficult for some women to find a partner. Using Census data, we analyzed only the population who are never married singles between the ages of 20 and 34. In this subgroup, men outnumber women—742,400 to 729,500.

More interestingly, the ratio varies widely by neighborhood (we used Census Public Use Microdata Areas). On the Upper East Side, young single women outnumber young single men nearly 2 to 1. Jackson Heights, Queens is on the other end of the spectrum—where there are 1.7 males for every female. The neighborhoods with ratios of 1 to 1? Jamaica, Queens and Pelham Gardens in the Bronx.

On a related note, spending at the City’s roughly 1,200 bars is approximately $855 million per year. This works out to $140 per resident age 21 and over, which is 58% higher than in the United States as a whole.

StatsBee is a column featuring interesting statistics about NYC, written by economists at the Economic Research & Analysis department within NYCEDC’s Center for Economic Transformation.