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Manhattanites Make the Most Money

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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Comments [rss]

  • matty

    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.

  • bxbrian

    This just in...



    Peanut butter goes well with chocolate.



    stay tuned...

  • Dude69

    Yeah! In your face hipsters!

  • barryap

    I'm so glad my $20,000/year job required graduate school...

  • Bizzle

    ...and that's why people commute into Manhattan for jobs.

  • togglegoggle

    Is that before or after taxes?

  • drewo

    Why do I still feel poor?

  • ebad

    thanks for stating the obvious, next they will tell us that whitey rules the world

  • VW

    File under:

    Duh

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