New Yorkers leaving the city had median earnings of $49,000 as life in NYC becomes ever more of a financial pipe dream

• The population of New York City has fallen since 2020.
• People are being priced out, with the median wage of those leaving in 2022 lower than the year before.
• The only demographic group analyzed by the city which had grown since 2020 was seniors.

New York City's population has plummeted by nearly half a million between 2020 and 2022 — shrinking over 5% — according to a new report by the New York state comptroller published on Monday.

Part of this stems from New Yorkers being priced out of the city. In 2022, the median wage of those leaving the city fell to $49,000, an 18% decrease from the previous year, per the report.