In the media player above, FOX 5 NY's Linda Schmidt talks about how New York's population declined in 2019.World Population Review says New York City is currently declining at a rate of -2.49% annually and its population has decreased by -9.26% since the most recent census, which recorded a population of 8,740,647 in 2020.World Population Review said, based on recent city projections, New York City is anticipated to reach a population of nine million by 2040.
During the 1970s, the city witnessed a population decline of nearly a million due to suburban migration, driven by rising crime rates and declining economic opportunities. However, the city experienced a resurgence throughout the 1980s and has since maintained a gradual upward trajectory in each subsequent census.In New York City, the average household income stands at $122,667, while the poverty rate is 17.2%, according to World Population Review.
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