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Immigrants and the economy in:

New York

Today, New York is home to nearly 4.5 million immigrants, the third-largest number of foreign-born residents in the country, surpassed only be California and Texas. New York’s large immigrant community and its historical ties to America’s immigration history are just two reasons why the Empire State is known as a place where people from all over the world come to build new lives and grab a piece of the American Dream.

  • Immigrant Residents

    4,462,737
  • Immigrant Share of Population

    22.6%
  • Immigrant Taxes Paid (2014)

    $42.4B
  • Immigrant Spending Power (2014)

    $103.3B
  • Immigrant Entrepreneurs

    288,737
  • Employees at Immigrant-Owned Firms

    496,928

Demographics

In the United States, immigrants are more likely to be working-age than their U.S.-born counterparts. This allows them to contribute to the U.S. economy and to entitlement programs as they work and pay taxes. This is equally true in New York, where immigrants are far more likely to be of working age than the U.S.-born population.

Age Group Foreign-Born Population Share Native-Born Population Share
0-24 12.0% 37.1%
25-64 71.0% 49.0%
65+ 17.0% 14.0%

Entrepreneurship

In 2010, roughly one in 10 American workers with jobs at private firms were employed at immigrant-founded companies. Such businesses also generated more than $775 billion in annual business revenue that year. In New York, like the country as a whole, immigrants are currently punching far above their weight class as entrepreneurs. Foreign-born workers currently make up 32.7 percent of all entrepreneurs in the state, despite accounting for 22.6 percent of New York’s population.

People employed by immigrant-owned firms 496,928
Immigrant entrepreneurs 288,737
Business income of immigrant-owned firms $6.1B
Fortune 500 companies in New York founded by immigrants or their children 56.4%

Taxes & Spending Power

Nationally, immigrants earned $1.3 trillion in 2014 and contributed more than $104 billion in state and local taxes, as well as almost $224 billion in federal taxes. This left them with nearly $927 billion in spending power. Immigrants in New York play an important role contributing to the state’s economy, both as consumers and taxpayers.

Immigrant Household Income $145.8B
Taxes Paid $42.4B
State & Local Taxes $15.9B
Federal Taxes $26.5B
Total Spending Power $103.3B

Workforce

Nationally, immigrants are 17.2 percent more likely to hold an advanced degree than the native-born. They are also more likely to have less than a high school education. Uniquely, this allows them to fill critical shortages at both ends of the skill spectrum, from high-tech fields to agriculture, hospitality, and service industries. In New York, immigrants play a particularly large role as taxi drivers, chefs, and nursing aides.

Workforce Education Foreign-Born Population Native-Born Population
Less Than High School 26.0% 9.3%
High School & Some College 44.4% 53.9%
Bachelor's Degree 17.5% 20.6%
Graduate Degree 12.1% 16.2%
Top Industries with Highest Share of Foreign-Born Workers
Taxi and limousine service  74.7%
Private households  68.3%
Home healthcare services  60.3%
Services to buildings and dwellings  54.7%
Traveler accommodation  44.7%
Top Occupations with Highest Share of Foreign-Born Workers
Taxi drivers and Chauffeurs 71.4%
Maids and Housekeeping cleaners 66.8%
Chefs and Head cooks 57.9%
Nursing, psychiatric and home health aides 57.3%
Construction laborers 49.8%

Science, Technology, Engineering, and Math

Between 2014 and 2024, science, technology, engineering, and math—or “STEM”—fields are projected to play a key role in U.S. economic growth, adding almost 800,000 new jobs and growing 37.0 percent faster than the U.S. economy as a whole. Immigrants are already playing a huge part ensuring that New York remains a leading innovator in industries like healthcare and biotechnology.

STEM workers who are immigrants 26.6%
STEM Master’s students who are foreign nationals 34.8%
STEM PhD students who are foreign nationals 40.7%

Healthcare

Only two other states have a higher share of foreign-educated physicians than New York. Immigrants are already playing a valuable role helping New York meet some of its healthcare workforce gaps. In 2016 more than one in three physicians in New York graduated from a foreign medical school, a likely sign they were born elsewhere. Only two other states in the country have a higher share of foreign-educated physicians.

Open healthcare jobs to unemployed healthcare workers 3:1
Doctors who were educated abroad 36.9%
Psychiatrists who were educated abroad 43.0%
Nurses who are foreign-born 28.4%
Health aides who are foreign-born 54.9%

Agriculture

In 2014, the agriculture industry contributed $3.5 billion to New York’s GDP. It also provided jobs to almost 50,000 New Yorkers. Within that large industry, fresh fruits and vegetables played a prominent role. In 2014, 55.5 percent of farms in New York grew fresh fruits and vegetables, a far higher share than the 33.4 percent that did nationally. New York, home to the "Big Apple," also grew more apples, as measured in farm receipts, than any state in the country that year, except Washington.

Share of fresh fruit and vegetable farms 55.5%
Share of misc. agriculture workers, foreign-born 22.9%
Share of all agriculture workers, foreign-born 11.0%
Amount that agriculture directly contributed to New York's economy $3.5B

Housing

Immigrant families have long played an important role helping to build housing wealth in the United States. In recent decades, the more than 40 million immigrants collectively in the country increased U.S. housing wealth by $3.7 trillion. Much of this was possible because immigrants moved into neighborhoods once in decline, helping to revitalize communities and make them more attractive to U.S.-born residents. In New York, immigrants are actively strengthening the state’s housing market.

Immigrant homeowners 713,013
Share of recent homebuyers who were foreign-born 20.6%
Housing wealth held by immigrant households $378.1B
Amount paid by immigrant-led households in rent $1.5B

International Students

International students in the United States contributed more than $30.5 billion to the U.S. economy in the 2014-2015 school year and supported more than 370,000 jobs through their tuition payments and day-to-day spending. Research has found that increases in the number of international students at American universities boost innovation and patent creation. International students represent a small portion of all students in New York, but they make a big impact.

Students at New York colleges and universities who are international 7.8%
Economic contribution of international students $3.5B
Jobs supported by international students 40,985

Voting Power

In 2014, New York was home to more than 2.3 million foreign-born residents who were eligible to vote—a group that made up more than one in 5 of the state’s eligible voters. An estimated almost 1.3 million foreign-born New Yorkers had also taken the step of formally registering. Although few would call New York a swing state, the sheer size of the immigrant voting population here means it has a powerful impact on the way the state votes in both national and state elections.

Immigrants eligible to vote 2,339,969
Immigrants registered to vote 1,299,978
Immigrants eligible to vote in 2020 2,618,070
2012 presidential election margin of victory 1,995,310

Undocumented Immigrants

The United States is currently home to an estimated 11.4 million undocumented immigrants, the vast majority of whom have lived in the country for more than five years. The presence of so many undocumented immigrants for such a long time presents many legal and political challenges. But while politicians continue to debate what to do about illegal immigration without any resolution, millions of undocumented immigrants are actively working across the country, and collectively, these immigrants have a large impact on the U.S. economy. This is true in New York, where undocumented immigrants contribute billions of dollars in taxes each year.

Undocumented immigrants 886,983
Share of undocumented immigrants, working age 85.5%
Undocumented entrepreneurs 86,503
Undocumented Household Income $18.3B
Taxes Paid $2.6B
State & Local Taxes $1.0B
Federal Taxes $1.6B
Total Spending Power $15.8B

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