EIG published the exact report last year, nothing too new here except mid-year 2023 data. if their numbers are right in both reports the splashier headline is that NYC lost 7% of its 0-5 year old population y/y. t.co/Z9MbSiwVEq
— ASIDE (@AdamSeiden) July 10, 2024
The urban family exodus has had a significant impact on New York City’s population. Since April 2020, the under-5 population in NYC has declined by 18%. This trend is not unique to New York; nationwide, 58% of all US counties have seen a decrease in their under-5 populations. The pandemic prompted many urbanites to relocate to smaller cities, suburbs, and rural areas, leading to a continued loss of families in major cities like New York. Rising childcare and housing costs, along with financial pressures, have contributed to this trend. As cities grapple with retaining their vital demographics, the decline in young children remains a concern.