Page 58 - 2020 Westchester Economic Development Guide

DIVING DEEPER Education
• 46 school districts
• 145,821 students enrolled in K-12 public schools
• 60% of teachers have at least a master’s degree
• 90% of Westchester students continue to post-secondary education
• 85% of Westchester students graduated high school in 4 years, vs. 76% of New York State students and 64% of New York City students.
(Westchester Magazine and NYS Education Department)
Higher Education
• Westchester has 31 “post-secondary educational institutions”
• These include colleges, universities and vocational training centers including PACE University and Manhattanville College, as well as state schools such as Westchester Community College and SUNY Purchase.
Non-Profits
• 5,000 organizations of varying size
• Employ 54,000 – or approximately 13.6 percent of the county’s
total workforce
• Generated $6.9 billion in revenues
• Paid roughly $2.7 billion in wages and compensation
Opportunity Zones
The federal government has included census tracts within the following Westchester cities among its newly classified economic investment
“Opportunity Zones.” This designation can enable investors in these communities to benefit from no capital gains tax in return for long-term investments in these zones.
A New Vision
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• Yonkers • Valhalla • Peekskill
• Cortlandt • Port Chester • New Rochelle • Mount Vernon • White Plains
For more statistics on Westchester County, visit the BCW Data Exchange at https://thebcw.org/data.
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WESTCHESTER COUNTY ECONOMIC DEVELOPMENT GUIDE