High cost of living in NYC drives out families with children and reduces student numbers
FBIN Fortune Brands Innovations Inc
$38.52 -2.11%
View chart & analysis → - 1NYC public school enrollment fell to 885,000 this year from over 1 million a decade ago.
- 2Emily Eisner, director of the Fiscal Policy Institute, said families with young children are twice as likely to leave the city compared to the rest of the population.
- 3As of June 2024, the likelihood of households with children under age 6 leaving the city was 112% higher than households without young children.
So what's the key point?
The number of NYC public school students has decreased to 885,000. Families with young children were found to be 112% more likely to leave the city.
Source Fortune · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.