New York

• Income gap: Households earn meaningfully less than the national median, affecting retail demand, housing absorption, and tax base statewide.
• Talent gap: Bachelor's-or-higher attainment trails the national average by -4.5 pts, relevant for advanced-services attraction strategy.

• Largest sector: Health Care and Social Assistance employs 1,883,923 workers (27.8% of the top displayed sectors), at an average wage of $65,616.
• Economic scale: State GDP of $2,322.1B (2024) with per-capita income of $85,552.

• Top specialization: concentrates at 4.51x the national norm, strong concentration that anchors the local economy.
• Cluster depth: 10 sub-sectors register LQ ≥ 1.5, suggesting an interconnected industrial base across the state.
• Attraction whitespace: 8 sub-sectors register LQ < 0.5, candidates for diversification or recruitment.

• In line with national: Home value to income ratio of 4.9x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.

• Strong participation: 83.3% labor force participation indicates an engaged, available workforce statewide.

New York shows meaningful potential for attraction, with a 4.51x concentration and 64,761 jobs in this sub-sector.

Cluster depth across , transit and ground passenger transportation, and securities, commodity contracts, investments creates supply-chain attraction leverage, a structural advantage for industrial recruitment.

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