Salaries in New York

Compare average salaries across 1 major metro areas in New York. Find the highest paying cities and explore salary data for 80+ occupations.

State Average

$99,859

across all occupations

Highest Paying City

$99,859

New York

Minimum Wage

$15.00/hr

Above federal

Income Tax

4% - 10.9%

Progressive

Working in New York: Salary Context

Minimum Wage

The minimum wage in New York is $15.00/hour (107% above the federal minimum of $7.25). The average salary in New York is 3.2x the minimum wage. Note: Higher in NYC metro ($16.50+).

Major Industries

New York's economy is driven by Finance, Media & Entertainment, Technology, with additional strength in Healthcare, Fashion, Tourism, Real Estate.

Tax Considerations

New York has one of the higher state income tax rates (up to 10.9%), which should be factored into salary negotiations.

Metro Areas in New York

#1 in NY

New York, NY

$99,859

avg salary

Top Paying Job: Physician$280,948

Cost of Living: 128.7(100 = national avg)

View all 80 occupations

Compare With Neighboring States

See how salaries in New York compare to nearby states. Geographic proximity often means similar job markets and cost of living.

Frequently Asked Questions About New York Salaries

What is the average salary in New York?

The average salary across all occupations and metro areas in New York is approximately $99,859 per year. However, salaries vary significantly by occupation, city, and experience level. New York, NY has the highest average salaries ($99,859) while New York, NY has lower average salaries ($99,859).

What is the minimum wage in New York?

The minimum wage in New York is $15.00 per hour, which is 107% higher than the federal minimum wage of $7.25. At full-time hours, this equals approximately $31,200 per year before taxes. Note: Higher in NYC metro ($16.50+).

Does New York have state income tax?

Yes, New York has state income tax with rates of 4% - 10.9%. This should be factored into salary comparisons with states that have no income tax.

What industries are biggest in New York?

New York's major industries include Finance, Media & Entertainment, Technology, Healthcare, Fashion, Tourism, Real Estate. These industries drive employment and salary levels across the state's 1 metro areas. Workers in these sectors may find more job opportunities and higher salaries.