
A new study by The Fiscal Policy Institute has revealed that New York State has experienced a significant population decline since the onset of the Covid-19 pandemic. In fact, between 2020 and 2023, the state's population decreased by 533,200, or 2.7 percent, marking the sharpest drop of any state in the U.S.
Moreover, when segmented by race, the numbers are even more staggering. Black New Yorkers are leaving New York State at more than 50% the rate of white New Yorkers while Latinos have become increasingly likely to leave, with out-migration rates 38% higher than white New Yorker. This trend is especially pronounced in New York City, which has a large Black and Hispanic population.