Why are so many people leaving New York City?

"Fading Bright Lights: NYC Experiences Population Decline for First Time in Years After two consecutive years of steady growth, New York City has taken an unexpected turn, with a new study revealing a decline in population for the first time in years. The Citizens Budget Commission's analysis sheds light on the underlying causes of this shift, pointing to two major factors that are driving residents away from the city. As the nation's most populous urban center grapples with rising costs of living, affordability concerns, and a changing economic landscape, the implications of this trend are far-reaching, with potential consequences for the city's economy, real estate market, and overall quality of life. Will this decline mark a turning point for the city, or is it a temporary blip on the radar?"

New York City saw a population decline in 2025 after two years of solid growth, according to a new study from the Citizens Budget Commission. It’s a symptom of two major ...