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The Ultimate Guide for Moving to New York

New York is more than just the Big Apple. There are a huge variety of cities and towns, big and small, to live in. Almost 20 million people call New York home, and this guide will tell you all you need to know about moving there.
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If you look for information about moving to New York, you’re likely to see that much of it focuses on New York City. However, there’s a lot more to the state than that large metropolis.

In fact, New York is a state with diverse landscapes, full of cities, countryside, and historical sites.

Here’s what you need to know as you consider moving to New York!

Top Five Reasons to Move to New York State

Why do people move to New York? There are many reasons, but here are the top five to get you started.

1. New York Wine Country

You may have thought that California had the edge on U.S. wine, but that’s far from true. In fact, New York has many wineries serving vintages like Long Island rose and Finger Lakes Riesling. Take a taste!

2. Historic Mansions Dot the Landscape

In the 19th and early 20th centuries, New York was home to mansions from dozens of America’s wealthiest families. Today, these buildings are museums and monuments ready for exploration.

3. You Can Get an Affordable Home

Outside of New York City, there are many affordable places to live in New York. When you work with a professional real estate agent, you can quickly find your dream home.

4. Art and Theater Abound

Wherever you live in New York, you’re likely to be within striking distance of an exceptional art museum or theater. From the Hudson Valley to Bethel Woods, you won’t run out of exciting exhibits to explore.

5. You Can Explore Small Towns

If big city living is not for you, don’t worry. New York is full of small towns with charming main streets that will make you think you’ve stepped back in time. You may even choose to live in one!

Quality of Life in New York

What’s the quality of life in New York? You’ll find a big difference in the data between New York City and everywhere else. We’ll discuss both here.

New York City

The big city is full of people, job opportunities, and a very high cost of living. Some find it worthwhile to be so close to world-class food, theater, art, and education. With 8.5 million people speaking more than 200 languages, diversity can help you gain a new perspective.

There are a lot of communities within New York City, from Greenwich Village to Brooklyn. It has a fast-paced, 24-hour lifestyle and is known as “the city that never sleeps.” However, the cost of living is very high, especially when it comes to housing.

The Rest of New York State

Overall, New York state is in the middle of the pack when it comes to the best places to live. With a population of nearly 20 million, it’s the fourth largest state in the U.S.

The state ranks highly for public health initiatives, but health care quality can sometimes be low. However, only 8.5% of adults have no health insurance. New York ranks very highly for its natural splendor and resources – even NYC, a veritable concrete jungle, is full of beautiful parks and green space.

Economic Outlook

The economic outlook of New York depends a lot on where you choose to live. The median household income is $62,909, compared to a national average of $58,552. The poverty rate is at the national average, but the cost of living index is much higher than the national average.

The great news about living in New York is that the business environment is strong and unemployment is low. The job growth rate is near the national average and venture capital investment is high.

There are a lot of job opportunities in New York, both inside and outside the Big Apple. If you like to work remotely, the state is a great option since New York ranks 11th out of 50 for internet access.

Housing Marketing Forecast for New York

There’s a lot of activity in the housing market in New York. In January 2019, new listings were up 8.2% over a year ago and even New York City is becoming a buyer’s market.

The statewide median sales price is currently $278,000, and home prices continue to appreciate. The number-one place to buy a home in New York is Bethlehem in Albany County. This town of 35,000 boasts the highest value and quality of any area in the state.

Are you ready to transition from renting to owning, or looking to buy a home in New York State? Connect with an experienced, local buyer’s agent as a first step — and for guidance and support throughout the relocation process.

Moving to New York: Next Steps

If you’re considering moving to New York, the next step is to determine exactly where you’d like to go. Is the city calling your name, or are you looking for a small city or even a small town? New York has all of these available.

Your job options may be one of your primary concerns. There’s nothing wrong with narrowing your options and then looking for jobs in those areas. Wherever you find work can become your new home. You can also choose a growing area and decide to find work when you arrive.

If you’re curious about how the market is doing in various parts of New York State, consider contacting a real estate agent who is well-versed in the area. They can help you understand what the home values look like, how to get the best value for your money, and other important home buying strategies.

New York is home to millions of people for a reason. If you’re ready to go, there’s no reason not to start today.

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Thomas O'Shaughnessy
Thomas O'Shaughnessy

Tommy O'Shaughnessy is the Head of Research at Clever Real Estate, the free online service that connects you with top local agents to save on commission. Tommy's team of data scientists create surveys, gather data, and analyze trends in housing, real estate, and personal finance. He directs public relations efforts, acting as a "data communicator" between his team and the press. Clever studies have been featured in Politico, the LA Times, CNBC, Forbes, Yahoo Finance, and other publications.

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