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One in four New Yorkers lives in poverty, report finds

  • One in four New Yorkers, over 2 million people, lived in poverty in 2023, according to the Poverty Tracker report by Robin Hood and Columbia University.
  • The city's poverty rate in 2023 is the highest in at least eight years, with about 100,000 more people living in poverty than the previous year.
  • Asian, Black, and Latino New Yorkers were about twice as likely to live in poverty compared to White New Yorkers, with a poverty rate of 26% for children.
  • Richard Buery Jr., CEO of Robin Hood, stated that it takes more to make ends meet, and people's financial resources have not kept pace.
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NY1 broke the news in New York, United States on Wednesday, February 26, 2025.
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