Economic Insights
See Auto Industry Impacts at the National, State, and Congressional District levels.
$604.2M
Total Labor Income Annually
$1.79B
Total Car Sales in 2018
54.4K
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
$54.9M
Total State Tax revenue
$453.5K
Corporate Profits Tax
$7.7M
State Income Taxes
Registrations
616,386
Registered
By Body Style
By Powertrain
The New York congressional district 2 average age of vehicles is 9.96 years.
Figures compiled by Alliance for Automotive Innovation with data provided by IHS Markit as of December 31, 2018.New Purchases
54,409
Vehicles Sold
By Body Style
By Powertrain
Gasoline Stations 622
Electric Charging Stations 15
Biodiesel Stations 0
Compressed Natural Gas Stations 1
Hydrogen Stations 0
Liquefied Natural Gas Stations 0
Liquefied Petroleum Gas Stations 1
$32,978
$32,978 Average MSRP Per New Car
$97,387
$97,387 Median Household Income
$8,116
$8,116 Median Monthly Household Income
$502
$502 Median Monthly New Car Payment
6.19%
6.19% Monthly Car Payment As A Percent Of Monthly Income (%)
Commuting to Work
©2020 Alliance for Automotive Innovation
©2020 Alliance for Automotive Innovation