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The Bureau of Labor Statistics has released data showing Manhattan as the country's highest paid place. Thanks to financial executives' salaries, the average weekly salary for a Manhattanite is $2,821. The next highest weekly salary in the country is Fairfield, Connecticut - $1,979.
The figure reflect the heady first quarter of 2007. The rest of New York City residents make more modest amounts. Queens residents make an average of $831/week, followed by $788 made in the Bronx, $742 in Brooklyn, and $733 in Staten Island.
Some other interesting specifics: Manhattan investment bankers make $16,918/week, while information industry workers make $2,586. Manhattan's hospitality industry workers make $769/week. NY State residents make an average $1,397/week.
This tool compares salaries between cities (clearly, the cost of living in NYC is going to be way more than Durham, NC). New York magazine also had a cost-of-living calculator for keeping up a certain lifestyle in NYC. And about 1.55 million New Yorkers live in poverty.
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Duh
thanks for stating the obvious, next they will tell us that whitey rules the world
Why do I still feel poor?
Is that before or after taxes?
...and that's why people commute into Manhattan for jobs.
I'm so glad my $20,000/year job required graduate school...
Yeah! In your face hipsters!
This just in...
Peanut butter goes well with chocolate.
stay tuned...
south africa also has a first world gdp. why? cause of AVERAGES. just cause someone makes 5,000 dollar a year and another makes 5,000,000 dollars a year does not mean that everyone in south africa makes 2,500,000 a year.
ok, bad math example but you get my point.
they should weight these averages. i bet manhattan would still come out on top but it would be much more realistic and meaningful.