Economic Stats for Greenwich Village
We may or may not technically live in Greenwich Village, but here are some fun stats anyway:
Though it’s known as a hotbed of diversity, Greenwich Village is really quite homogeneous according to a new New York University-commissioned study by Appleseed, an economic analysis firm. Some highlights from The Economy of Greenwich Village: A Profile:
** The population of the Village last year was 72,025, virtually unchanged since 1990.
** Children under 18 comprise only 9.2 percent of the population, compared to almost 23 percent citywide. But between 2000 and 2009, the number of children under age 5 grew by 48 percent.
** Working age people (25-64 years) account for 69 percent of the Village population.
** Almost 80 percent of Village residents are white folks, 9.3 percent Asian, 6.2 percent Latino, 3 percent mixed race and 2.2 percent black.
** Village people have a median household income of just over $100,000 a year, more than double that of the rest of the city.
** 82.4 percent of Village residents have college degrees, beating even Cambridge (71.4 percent) and Palo Alto (78.7 percent).
** Ten percent of Village peeps work in the arts, recreation and hospitality industries compared to a whopping 18 percent in finance, insurance and real estate.
** Universities and colleges employ 10,350 people in the Village and their plans to expand are expected to stimulate growth in the local economy.