Page 57 - 2019 Westchester Economic Development Guide
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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 Sarah Lawrence 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 and state governments have included 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.
• Yonkers • Valhalla • Peekskill
• Cortlandt • Port Chester • New Rochelle • Mount Vernon • White Plains
WESTCHESTER COUNTY ECONOMIC DEVELOPMENT GUIDE 55
