High-wage industries saw the strongest wage and employment growth in NYC, 2024-2025

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Note: Industries are classified into 2024 wage quintiles at the 3-digit NAICS industry level, held fixed for the 2024–2025 comparison. Average annual wages are calculated as total wages divided by average employment and expressed in 2025 dollars using the Consumer Price Index for All Urban Consumers Research Series (CPI-U-RS). Low-wage industries have average annual wages below $70,498; lower-middle-wage industries have average annual wages from $74,322 to $81,179; middle-wage industries from $81,223 to $99,134; upper-middle-wage industries from $103,834 to $142,320; and high-wage industries above $145,394.

Source: CNYCA analysis of Quarterly Census of Employment and Wages data (QCEW), from the New York State Department of Labor database.