Economic Insights

See Auto Industry Impacts at the National, State, and Congressional District levels.

Every State is an Auto State

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State Facts

Autos Drive New York Forward

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195,292
195,292 Total Auto Jobs in New York
1.55%
1.55% is dependent on the Auto Industry for Jobs.
$11.87B
Total Labor Income Annually
$33.97B
Total Car Sales in 2018
1M
Total New Car Sold in 2018

Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2018 data year; compiled by Auto Alliance with data provided by IHS Markit, sales figures represent new vehicle registrations between January 1, 2018 - December 31, 2018.

Tax Revenue

$1.44B
Total State Tax revenue
1.6%
Percent of State Tax Revenue
$1.39B
New Vehicle Sales Taxes
$789.3M
Used Vehicle Sales Taxes
$308.7M
Sales Tax on Auto Parts and Services
$3.14B
Vehicle Use Taxes (Including Gas Taxes), Licenses and Fees
$14.4M
Corporate Profits Tax
$240.7M
State Income Taxes

Registrations

11,731,223

Registered

By Body Style

By Powertrain

The New York average age of vehicles is 9.81 years.

Figures compiled by Alliance for Automotive Innovation with data provided by IHS Markit as of December 31, 2018.

New Purchases

1,011,032

Vehicles Sold

By Body Style

By Powertrain

$103.05B
$103.05 Billion Total Imports
$78.45B
$78.45 Billion Total Exports
$8.59B
$8.59 Billion Total Imports
$6.24B
$6.24 Billion Total Exports
Compiled by Alliance for Automotive Innovation with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2018 - December 31, 2018.
Gasoline Stations 9504
Electric Charging Stations 1190
Biodiesel Stations 4
Compressed Natural Gas Stations 33
Hydrogen Stations 0
Liquefied Natural Gas Stations 0
Liquefied Petroleum Gas Stations 52

$33,601

$33,601 Average MSRP Per New Car

$64,894

$64,894 Median Household Income

$5,408

$5,408 Median Monthly Household Income

$512

$512 Median Monthly New Car Payment

9.46%

9.46% Monthly Car Payment As A Percent Of Monthly Income (%)

Commuting to Work