Page 55 - 2019 Westchester Economic Development Guide
P. 55
DIVING DEEPER
Doing Business in Westchester:
By the Numbers
A Highly-Educated Workforce
• 47% of Westchester residents over age 25 have bachelor’s degrees
• 24% have advanced degrees
Source: 2014 American Community Survey (ACS), Census Bureau
We’re increasingly diverse
• Our region is one of the nation’s most diverse suburban areas.
• Our population is roughly 54% White, 24% Hispanic and 14% Black.
• One-third of our residents speak a foreign language.
• Nearly 88% are U.S. citizens.
Thriving Businesses
• Nearly 34,000 firms in the county
• > $1 billion in annual payroll
• Approximately 488,000 employees
• Headquarters location of more than 170 businesses
• More than 10 percent of the nation’s patents originate from Westchester-based companies.
A New Vision
WESTCHESTER COUNTY ECONOMIC DEVELOPMENT GUIDE 53
