{"id":128748,"date":"2026-04-22T09:00:50","date_gmt":"2026-04-22T13:00:50","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/new-york-city-lost-residents-across-all-income-levels-last-year-study-finds-128748"},"modified":"2026-04-22T09:00:50","modified_gmt":"2026-04-22T13:00:50","slug":"new-york-city-lost-residents-across-all-income-levels-last-year-study-finds","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/new-york-city-lost-residents-across-all-income-levels-last-year-study-finds-128748","title":{"rendered":"New York City lost residents across all income levels last year, study finds"},"content":{"rendered":"
\n

New York City<\/a> lost more residents than those that moved in last year, according to a new study from the Citizens\u2019 Budget Commission released Monday.<\/p>\n

The Citizens Budget Commission reported that the city\u2019s overall population declined in 2025. The study explained further that the decline in population is due to the 70% drop in New Yorkers moving to other areas and international migration.<\/p>\n

According to the study, “Across all income levels, more people moved out of New York City than moved in last year.”\u00a0<\/p>\n

SOUTH CAROLINA POPULATION SOARS, LEADS NATION IN DOMESTIC MIGRATION<\/strong><\/a><\/p>\n

Last year, New York City lost 114,000 more residents to other U.S. cities than it gained. Although it\u2019s an increase from 2024, it still did not surpass the pandemic-era exodus.<\/p>\n

The study also found that in 2024, New York City lost more low- and middle-income residents than it did high-income residents. More New Yorkers with incomes in the bottom 40% moved out between 2023 and 2024.<\/p>\n

New York City is often criticized for its high cost of living. Mayor Zohran Mamdani<\/a> pledged to tackle affordability with a government-run grocery store and rent freezes.\u00a0<\/p>\n

SAN FRANCISCO STILL HASNT RECOVERED SINCE PANDEMIC EXODUS: REPORT<\/strong><\/a><\/p>\n

Fox News Digital previously reported on residents claiming Mamdani is backtracking on campaign promises<\/u><\/a> to lower housing costs, pointing to a proposed property tax hike, rising water bills and higher electricity costs as signs that life is only getting more expensive.<\/p>\n

Mamdani’s office did not respond to Fox News Digital’s request for comment.<\/p>\n

The city’s losses came after New York Gov. Kathy Hochul<\/u><\/a> lamented the flight of wealthy tax-paying residents to red states like Florida and Texas. .<\/p>\n

NYC MAYOR MAMDANI CALLS THREAT OF RICH PEOPLE LEAVING NYC OVER TAXES ‘IMAGINED’<\/strong><\/a><\/p>\n

San Francisco’s population experienced a similar decline, in which it had not recovered since pandemic levels.<\/p>\n

“San Francisco metro area\u2019s population failed to grow again in 2025, despite a swelling boom in AI,” The San Francisco Chronicle reported<\/u><\/a> in March. “Unlike in almost every other major metro in the country, that\u2019s left the region\u2019s total population well below its 2020 level, according to newly released U.S. census estimates.”<\/p>\n

The city has been plagued by skyrocketing costs of living<\/u><\/a> for the past several years. Former residents have explained<\/u><\/a> that they found a better quality and cost of living outside the Bay Area, where homelessness and housing prices have skyrocketed. \u00a0<\/p>\n

The issue led residents to moderate Daniel Lurie in 2024<\/a>, defeating incumbent Democrat London Breed in a shift away from lenient policies on crime, drugs and homelessness that critics say contributed to the city\u2019s decline.<\/p>\n<\/div>\n

Source – https:\/\/www.foxnews.com\/media\/new-york-city-lost-residents-across-all-income-levels-last-year-study-finds <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

New York City lost more residents than those that moved in last year, according to a new study from the Citizens\u2019 Budget Commission released Monday. 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