New York has a per capita personal income (PCPI) of $50,545. This PCPI is 121 percent of the national average, $41,663. The 2011 PCPI reflected an increase of 4.0 percent from 2010. The 2010-2011 national change was 4.3 percent. The 2001-2011 compound annual growth rate of PCPI was 3.6 percent. The compound annual growth rate for the nation was 2.9 percent.
Gross Domestic Product (GDP) for Industries In New YorkIn 2011, the largest industry in New York was finance and insurance. This industry accounted for 17.2 percent of New York GDP and had 1.7 percent real growth. The second largest industry was real estate and rental and leasing, which accounted for 11.6 percent of New York GDP and had a 4.3 percent real decline. The largest contributor to real GDP growth in New York was professional, scientific, and technical services. This industry accounted for 0.53 percentage point of the total growth in real GDP. The second largest contributor was information. This industry accounted for 0.41 percentage point of the total growth in real GDP.