Page 57 - 2022 Westchester County Economic Development Guide

One Million Strong Diving Deeper Westchester Business
By The Numbers
Westchester at a Glance
• Population: 1,004,057 • Under 18: 21.7 %
• Men: 49.5 %
• Women: 51.5 %
• White: 52.6 % • Black: 16.7 % • Latino: 25.5 % • Asian: 6.5 %
• Foreign-Born: 25.5%
Source: Census Bureau
Households: 349, 292 • With a computer,
2015-2019: 92% • With Internet,
2015-2019: 86.2%
Westchester’s residents are more affluent and more highly educated than the New York State average, making for a productive workforce.
Median household income**
(in 2019 dollars), 2015-2019: $96,610
Education
• High School Graduation Rate: 88.1%
• Bachelor’s Degree or Higher: 48.9%
• 47% of Westchester residents over age 25 have bachelor’s degrees
• 24% have advanced degrees
Source: Census Bureau
Average commute time* 35.1 minutes
Thriving Businesses
• Over 50,000 firms in the county
• More than $1 billion in annual payroll
• Approximately 459,000 employees
• Headquarters to more than
170 businesses
• Origin of more than 10 percent of the nation’s business patents
Top Employers by Sector
• Healthcare and Social Assistance: 90,000
• Government: 59,489 • Retail & Trade: 52,000
WESTCHESTER COUNTY ECONOMIC DEVELOPMENT GUIDE 55