Economic Insights

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

Every State is an Auto State

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Congressional District 5

Autos Drive New York Forward

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$255.6M
Total Labor Income Annually
$825.2M
Total Car Sales in 2018
25K
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

$27.4M
Total State Tax revenue
$330.1K
Corporate Profits Tax
$3.6M
State Income Taxes

Registrations

333,868

Registered

By Body Style

By Powertrain

The New York congressional district 5 average age of vehicles is 9.95 years.

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

New Purchases

24,994

Vehicles Sold

By Body Style

By Powertrain

-$2.12B
-$2.12 Billion Total Imports
-$2.09B
-$2.09 Billion Total Exports
$296.4M
$296.4 Million Total Imports
$202.2M
$202.2 Million 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 325
Electric Charging Stations 6
Biodiesel Stations 0
Compressed Natural Gas Stations 0
Hydrogen Stations 0
Liquefied Natural Gas Stations 0
Liquefied Petroleum Gas Stations 0

$33,014

$33,014 Average MSRP Per New Car

$70,481

$70,481 Median Household Income

$5,873

$5,873 Median Monthly Household Income

$503

$503 Median Monthly New Car Payment

8.56%

8.56% Monthly Car Payment As A Percent Of Monthly Income (%)

Commuting to Work