The bubbling city of New York has been described as a city that does not sleep. As funny as it sounds, this claim is true due to the fact that it is always changing. A city with a population consisting of 20.4 million people and a high cost of living. This makes it one of the most expensive cities in the country. However, change is always expected to meet up with the current trend around.
Moving to the city is not one decision you make in a hurry; there are so many things you need to know before you make a final decision. New York has always been a city of immigrants. The Statue of Liberty, a symbol of welcome for many, stands proudly in New York Harbor. New York has a record-breaking number of immigrants in history with 3.2 million immigrants.
However, moving to New York is an exciting adventure. You can work with professional New York City movers to make your trip easier and convenient. That said, we have come up with this article to enlighten you on the things you need to know before you move to New York.
You Will Walk More Than You Think
If you want to stay in New York, you should be ready to embrace walking a couple miles or more as your daily routine. Hence, you should invest in several pairs of good walking shoes if you plan to make New York City your home. The only exception is if you are lucky enough to be close to a subway stop on both ends of your commute.
Picking A Neighborhood You Like Will Make Or Mar How Much You Like Living There
Geographically speaking, New York isn’t large. It only covers just over 300 square miles, but there are neighborhoods scattered throughout every different borough. And at the end of the day, going back to your apartment in a neighborhood that truly feels like a zone of comfort will vastly improve your quality of life. This is why you shouldn’t pick a place based on preconceived notions of where you think you should live; spend some time getting to know the various boroughs and neighborhoods. Take time to figure out your priorities, and the right place will eventually find you.
It Is Truly A 24-Hour City
NYC’s Economy Is Strong, But Not For Everyone
Undoubtedly, New York City has bounced back from its recession economic instability: The unemployment rate in the city has dropped to around 4 percent, and personal income is going up. In fact, New York’s GDP is the highest of any major city in the nation.
Despite all these, it is worthy to know that New York State also ranks first in income inequality in the United States, and the gap between the richest and poorest residents of New York City is only getting worse. The majority of New Yorkers are experiencing homelessness than ever, and nearly 50 percent of all households are rent-burdened. This means they spend more than 30 percent of their annual income on housing.
Buying A Home Is Out Of Reach For Many New Yorkers
Reports have shown that the median price for a home in New York City is around $685,000. This is a significant jump over the $200,000 required to buy a home elsewhere in the United States. If you have enough money to buy a house and to settle all the associated costs such as property taxes, closing costs, common charges, and so on, you may be lucky enough to be able to buy a place. But for most people, homeownership is out of the realm of possibility.
The Public Transit Options Are Robust, But Getting Around Can still Be A Challenge
Do not think you need to own a car in New York City. For most residents of the city, it ends up being more trouble than it is worth. Instead, you can always make use of the largest and only 24-hour transit system in the country. New York has a bus network that hits every single borough, multiple ferry services, a couple of commuter rail lines, yellow taxis, and ride-hailing services.
Despite all these, it’s not always easy to get around. New York traffic congestion is terrible to the point that you might be able to walk across town faster than if you take a cab. There are entire swaths of the city that are subway deserts; bus service can be slow and unreliable, and congestion is a huge issue. And in the case of subway stations, they have a serious accessibility problem.