What are the top three? According to census.gov, these industries reign supreme in New York City:
Educational services, health care, and social assistance
Comprehensive services including professional, scientific, management, and administrative and waste management services
Finance and insurance, including real estate and rental and leasing
You can find some of those industries, like finance, represented in the top ten employers in the city, too. They are the New York City Department Of Education, Citi, Morgan Stanley, Verizon, New York-Presbyterian Hospital, JPMorgan Chase & Co., IBM, Goldman Sachs, Bank Of America, and Amazon.
This Eastern Time Zone powerhouse city has fueled the national economy for centuries. With an average household income of $107,000, families in New York live above the national average income. However, the city’s population is down 0.24% from 2019 to 2020.
Business applications reflect this dip: they’re down 2% from 2019 to 2020. That’s a shame because the state’s startup survival rate over the same period was 77%, reflecting a strong opportunity in the Big Apple for newcomers to start and grow their businesses. This area code’s largest city, New York, is located in New York County, NY. Avoid its 9.5% unemployment rate by joining the business owners that have started businesses and thrived here.
As they say, if you can make it here, you can make it anywhere. And if you don’t want to work from New York City, you can still have a virtual area code 917 number and grow your business in the Big Apple from anywhere in the world. Sign up for a free seven-day trial of OpenPhone today.
