Page 58 - 2022 Westchester County Economic Development Guide

One Million Strong Diving Deeper
• Accommodations and Food: 28,900
• Construction: 24,000
• Professional and Technical Services
37,000
• Issued $1.17 billion in tax exempt bonds • Created 1,520 jobs since 2013
The Westchester County Industrial Development Agency (IDA)
• Financed nearly
$2.2 billion
in projects
• Created 20,559 jobs since 2010
The Business Council of Westchester
• 1,000+ members
• Includes multinational corporations, mid-size businesses, not-for-profits and small businesses.
• Represents 200,000 employees in Westchester and beyond.
School Districts
• 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 30 post-secondary educational institutions
• These include colleges, universities and vocational training centers including
PACE University, Sarah Lawrence College, as well as state schools such as Westchester Community College and
SUNY Purchase.
Opportunity Zones
The following Westchester
cities have been designated
economic investment “Opportunity Zones.”
This classification can
enable investors in these
communities to benefit from no capital gains taxes in return for long-term investments in these zones.
The Westchester Local Development Corporation (LDC)
• Yonkers
• Valhalla
• Peekskill • Cortlandt
• New Rochelle • White Plains
• Port Chester • Mount Vernon
For more statistics on Westchester County, visit the BCW Data Exchange at https://thebcw.org/data.
* 2015-2019
** In 2019 dollars Source:
https://www.census.gov/quickfacts/fact/table/westchester- countynewyork/HSD410219#HSD410219
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WESTCHESTER COUNTY ECONOMIC DEVELOPMENT GUIDE