ZIP 10040 · New York City, NY

Two governments run on your community's money

From the state down to your schools: where each one's money comes from and goes.

Yearly budgets from each government's latest fiscal year on record. Tap one to jump to it.

Your state

New York State

$266.8 billion budget in the latest fiscal year on record, which ended March 31, 2024.

Where the money comes from

State taxes45%Federal tax money38%Fees for services (hospital bills, electric power)9.1%Fines and other6.6%Local tax money0.5%
Full New York State breakdown

What stands out

8.9%

of New York State's money comes from business income taxes.A typical state government gets 3.8%.

State taxes45%

Individual income tax
21%$53.8 billion
Business income tax
8.9%$23.2 billion
Other taxes
8.4%$22.0 billion
What's in other taxesOther selective sales taxes; other taxes not classified elsewhere and 16 more
  • Other selective sales taxes$8.06 billion
  • Other taxes not classified elsewhere$2.61 billion
  • Insurance premium taxes$2.49 billion
  • Estate and gift taxes$1.86 billion
  • Motor fuel taxes$1.60 billion
  • Motor vehicle licenses$1.42 billion
  • Real estate and stock transfer taxes$1.32 billion
  • Tobacco taxes$837 million
  • Public utility taxes$781 million
  • Alcoholic beverage taxes$276 million
  • Driver's licenses$179 million
  • Amusement taxes$163 million
  • Occupation and business licenses$149 million
  • Alcoholic beverage licenses$80.7 million
  • Hunting and fishing licenses$57.3 million
  • Corporation licenses$46.2 million
  • Public utility licenses$46.0 million
  • Other licenses$1.8 million

Amounts are by Census tax category.

Sales tax
7.6%$20.0 billion

Fees for services9.1%

Fees for services
9.1%$23.9 billion
What's in fees for servicesHospital bills; electric power and 13 more
  • Hospital bills$8.13 billion
  • Electric power$6.73 billion
  • College tuition$3.04 billion
  • Other service charges$1.93 billion
  • Transit fares$1.76 billion
  • Tolls on roads and bridges$1.03 billion
  • University housing and dining$691 million
  • Parks and recreation$357 million
  • Airport$72.5 million
  • Parks, land and natural resources$72.3 million
  • Other education charges$43.4 million
  • Road charges$12.2 million
  • Ports and waterways$11.8 million
  • Housing$1.8 million
  • Garbage collection$61 thousand

Amounts are by Census type of charge.

Federal tax money38%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
38%$100.4 billion

Local tax money0.5%

Money passed on by the county or other local governments.

From local governments
0.5%$1.26 billion

Fines and other6.6%

Interest, rents and other
6.4%$16.8 billion
Fines
0.2%$393 million
New York State page →

Where the money goes

Social services37%Sent to local governments34%Running the government and other costs6.6%Schools and colleges5.6%Health and hospitals4.8%All other spending13%

What stands out

5.6%

of New York State's spending goes to schools and colleges.A typical state government spends 15%.

Full New York State breakdown

Spending by category100%

Social services
37%$97.6 billion
What's in social servicesOther public welfare; unemployment and social insurance offices and 2 more
  • Other public welfare$97.3 billion
  • Unemployment and social insurance offices$258 million
  • Welfare institutions$108 million
  • Veterans' services$8.5 million
Sent to local governments
34%$89.9 billion
What's in sent to local governmentsSent to school districts; sent to local governments: elementary and secondary schools and 22 more
  • Sent to school districts$24.1 billion
  • Sent to local governments: elementary and secondary schools$21.2 billion
  • Sent to local governments: other public welfare$15.3 billion
  • Sent to local governments: other and not broken out$8.93 billion
  • Sent to local governments: public health$8.74 billion
  • Sent to local governments: housing and community development$4.04 billion
  • Sent to local governments: roads and highways$2.55 billion
  • Sent to local governments: general support$1.27 billion
  • Sent to local governments: other education$1.00 billion
  • Sent to local governments: sewer systems$616 million
  • Sent to local governments: courts and legal services$608 million
  • Sent to local governments: colleges and universities$420 million
  • Sent to local governments: police$321 million
  • Sent to local governments: finance, tax collection and budgeting$280 million
  • Sent to local governments: parks and recreation$157 million
  • Sent to local governments: inspections and regulation$132 million
  • Sent to local governments: natural resources, farming and conservation$122 million
  • Sent to local governments: prisons and jails$80.4 million
  • Sent to local governments: libraries$49.5 million
  • Sent to local governments: garbage and solid waste$21.1 million
  • Sent to local governments: probation, parole and other corrections$17.9 million
  • Sent to local governments: airports$9.4 million
  • Sent to local governments: hospitals$8.2 million
  • Sent to local governments: other government administration$4.2 million
Running the government and other costs
6.6%$17.6 billion
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 4 more
  • Other and not broken out$12.6 billion
  • Finance, tax collection and budgeting$4.24 billion
  • Central staff services (personnel, purchasing, technology)$339 million
  • Other government administration$247 million
  • Government buildings$201 million
  • Other government-run businesses$6 thousand
Schools and colleges
5.6%$15.0 billion
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 3 more
  • Colleges and universities$12.1 billion
  • Scholarships and other education subsidies$1.86 billion
  • College housing, dining and bookstores$1.01 billion
  • Other education$113 million
  • Elementary and secondary schools$992 thousand
Health and hospitals
4.8%$12.8 billion
What's in health and hospitalsHospitals and public health
  • Hospitals$8.73 billion
  • Public health$4.06 billion
Roads, transit and parking
4.4%$11.8 billion
What's in roads, transit and parkingPublic transit; roads and highways and 3 more
  • Public transit$5.81 billion
  • Roads and highways$4.37 billion
  • Toll roads and bridges$1.36 billion
  • Airports$204 million
  • Ports and harbors$14.6 million
Police, fire, courts and jails
3.0%$7.90 billion
What's in police, fire, courts and jailsCourts and legal services; prisons and jails and 3 more
  • Courts and legal services$3.37 billion
  • Prisons and jails$3.03 billion
  • Police$1.10 billion
  • Inspections and regulation$199 million
  • Probation, parole and other corrections$196 million
Water, sewer, trash and utilities
2.5%$6.60 billion
What's in water, sewer, trash and utilitiesElectric power; water supply and 2 more
  • Electric power$6.51 billion
  • Water supply$51.6 million
  • Garbage and solid waste$29.6 million
  • Sewer systems$4.0 million
Interest on debt
2.0%$5.31 billion
What's in interest on debtInterest on general debt; interest on public transit debt and 1 more
  • Interest on general debt$3.59 billion
  • Interest on public transit debt$1.14 billion
  • Interest on electric power debt$571 million
Parks, recreation and libraries
0.3%$884 million
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$881 million
  • Libraries$3.1 million
Housing and community development
0.3%$803 million
Environment and natural resources
0.2%$617 million
What's in environment and natural resourcesNatural resources, farming and conservation
  • Natural resources, farming and conservation$617 million
New York State page →

Your city

Public schools here are run by New York City, so school money is part of its budget.

New York County is served by a consolidated city-county government, so there is no separate county section.

New York City

$154.1 billion budget in the latest fiscal year on record, which ended June 30, 2024.

Where the money comes from

City taxes57%State tax money15%Fees for services (hospital bills, transit fares)13%Federal tax money8.9%Fines and other4.6%County and local tax money1.0%
Full New York City breakdown

What stands out

12%

of New York City's money comes from a personal income tax.Most U.S. cities of 50,000+ people get none.

City taxes57%

Property tax
26%$33.0 billion
Individual income tax
12%$15.6 billion
Sales tax
7.8%$9.96 billion
Business income tax
7.6%$9.68 billion
Other taxes
3.3%$4.21 billion
What's in other taxesReal estate and stock transfer taxes; other selective sales taxes and 9 more
  • Real estate and stock transfer taxes$1.73 billion
  • Other selective sales taxes$994 million
  • Other licenses$717 million
  • Public utility taxes$575 million
  • Motor vehicle licenses$97.0 million
  • Occupation and business licenses$49.3 million
  • Alcoholic beverage taxes$23.2 million
  • Tobacco taxes$13.3 million
  • Alcoholic beverage licenses$5.2 million
  • Pari-mutuel (betting) taxes$397 thousand
  • Amusement taxes$15 thousand

Amounts are by Census tax category.

Tourism taxes
0.6%$713 million
Hotel occupancy tax $713 million.

Fees for services13%

Fees for services
13%$17.2 billion
What's in fees for servicesHospital bills; transit fares and 13 more
  • Hospital bills$4.66 billion
  • Transit fares$3.54 billion
  • Sewer$2.54 billion
  • Tolls on roads and bridges$2.45 billion
  • Water$1.59 billion
  • Housing$1.13 billion
  • Other service charges$604 million
  • Parking$280 million
  • College tuition$179 million
  • Parks and recreation$101 million
  • Other government-run businesses$40.3 million
  • Other school charges$35.4 million
  • Garbage collection$19.0 million
  • Road charges$3.9 million
  • University housing and dining$131 thousand

Amounts are by Census type of charge.

Federal tax money8.9%

Grants from Washington, paid for by the federal taxes residents also pay.

From the federal government
8.9%$11.4 billion

State tax money15%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
15%$18.9 billion

County and local tax money1.0%

Money passed on by the county or other local governments.

From the county and other local governments
1.0%$1.28 billion

Fines and other4.6%

Interest, rents and other
3.5%$4.52 billion
Fines
1.1%$1.37 billion
New York City page →

Where the money goes

Schools and colleges26%Running the government and other costs16%Roads, transit and parking11%Health and hospitals8.6%Police, fire, courts and jails8.3%All other spending29%

What stands out

26%

of New York City's spending goes to schools and colleges.Most U.S. cities of 50,000+ people spend nothing on this.

Full New York City breakdown

Spending by category100%

Schools and colleges
26%$40.8 billion
What's in schools and collegesElementary and secondary schools; colleges and universities and 2 more
  • Elementary and secondary schools$39.2 billion
  • Colleges and universities$1.45 billion
  • Scholarships and other education subsidies$142 million
  • College housing, dining and bookstores$14.0 million
Running the government and other costs
16%$25.2 billion
What's in running the government and other costsOther and not broken out; finance, tax collection and budgeting and 3 more
  • Other and not broken out$14.2 billion
  • Finance, tax collection and budgeting$9.81 billion
  • Government buildings$776 million
  • Central staff services (personnel, purchasing, technology)$418 million
  • Other government-run businesses$47.7 million
Roads, transit and parking
11%$16.8 billion
What's in roads, transit and parkingPublic transit; roads and highways and 2 more
  • Public transit$15.6 billion
  • Roads and highways$609 million
  • Toll roads and bridges$549 million
  • Parking$77.2 million
Health and hospitals
8.6%$13.2 billion
What's in health and hospitalsHospitals and public health
  • Hospitals$10.8 billion
  • Public health$2.42 billion
Police, fire, courts and jails
8.3%$12.7 billion
What's in police, fire, courts and jailsPolice; fire protection and 4 more
  • Police$6.60 billion
  • Fire protection$2.83 billion
  • Courts and legal services$1.55 billion
  • Prisons and jails$1.38 billion
  • Inspections and regulation$282 million
  • Probation, parole and other corrections$94.6 million
Social services
6.9%$10.7 billion
What's in social servicesOther public welfare
  • Other public welfare$10.7 billion
Housing and community development
5.9%$9.15 billion
Interest on debt
5.8%$8.91 billion
What's in interest on debtInterest on general debt; interest on water supply debt and 1 more
  • Interest on general debt$7.71 billion
  • Interest on water supply debt$1.18 billion
  • Interest on public transit debt$26.9 million
Sent to other local governments
5.1%$7.93 billion
What's in sent to other local governmentsSent to the state government and sent to local governments: other and not broken out
  • Sent to the state government$7.89 billion
  • Sent to local governments: other and not broken out$37.9 million
Water, sewer, trash and utilities
4.2%$6.40 billion
What's in water, sewer, trash and utilitiesSewer systems; garbage and solid waste and 1 more
  • Sewer systems$3.22 billion
  • Garbage and solid waste$2.19 billion
  • Water supply$990 million
Parks, recreation and libraries
1.4%$2.23 billion
What's in parks, recreation and librariesParks and recreation and libraries
  • Parks and recreation$1.60 billion
  • Libraries$631 million
New York City page →
Sources and moreEach government's source, fiscal year and how a ZIP is matched

New York State. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended March 31, 2024.

New York City. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

How a ZIP is matched. A ZIP code is not a government boundary, so we match it to the cities, counties and school districts that overlap it, using Census Bureau geography. Where a ZIP crosses several, each one is shown with its share of the ZIP. Each government's money covers its own operations only; the others listed here are separate.

Latest recorded year. The year differs by government: each block shows the newest fiscal year on file. A Census survey year covers fiscal years ending July 1 of the year before through June 30 of that year.