State economy

New York economy

New York's unemployment rate was 4.3% in September 2026, unchanged from the month before and 4.6% a year earlier. That ranks 36 of 51 (1 = lowest); the national rate was 4.1%. Employers had 9.97 million jobs on their payrolls in September 2026, a gain of 18,700 (+0.2%) from a year earlier. Home prices (FHFA index) were +5.3% from a year earlier in Q2 2026. Median household income was $86,900 in 2025.

4.3%
unemployment rate
September 2026
Unemployment rate4.3%Rank 36 of 51 (1 = lowest)
10-year range3.8–16.7%Low Apr 2019 · high May 2020
Nonfarm jobs9.97M+0.2% in a year · rank 35
Home prices (FHFA)+5.3%1-year change · Q2 2026 · 5-yr +50%
Median household income$86,9002025 · rank 25 of 51

New York: unemployment rate

New York unemployment rateLine chart from Jan 1, 2006 to Sep 1, 2026. Latest 4.3%; high 16.7% on May 1, 2020; low 3.8% on Apr 1, 2019.0%5%10%15%20%20082010201220142016201820202022202420264.3%High 16.7%Low 3.8%

New York: jobs, change from a year earlier

New York nonfarm jobs, 12-month changeLine chart from Jan 1, 2001 to Sep 1, 2026. Latest +0.2%; high +14.0% on Apr 1, 2021; low -19.8% on Apr 1, 2020.-20%-10%0%10%20%20052010201520202025+0.2%High +14.0%Low -19.8%

New York: home prices, change from a year earlier

New York FHFA house price index, 12-month changeLine chart from Jan 1, 2001 to Apr 1, 2026. Latest +5.3%; high +16.2% on Apr 1, 2022; low -5.9% on Jan 1, 2010.-10%-5%0%5%10%15%20%20052010201520202025+5.3%High +16.2%Low -5.9%

New York: median household income

New York median household incomeLine chart from Jul 1, 1984 to Jul 1, 2025. Latest $86,900; high $86,900 on Jul 1, 2025; low $22,030 on Jul 1, 1984.$20,000$40,000$60,000$80,000$100,0001990199520002005201020152020$86,900Low $22,030

Other states

Sources: U.S. Bureau of Labor Statistics (unemployment, nonfarm payrolls; seasonally adjusted), Federal Housing Finance Agency (all-transactions house price index), U.S. Census Bureau (median household income, current dollars), via FRED. US unemployment rate: 4.1% (October 2026).