6 Facts that Prove Lower Manhattan is Magic for Millennials

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The median age in Lower Manhattan is 32.

Population of 18- to 34-year-olds: 21,000. Population of 18- to 44-year-olds: 30,000.

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Liz Clayman
Out & About:

Young people in Lower Manhattan go out for dinner, drinks, or entertainment 16 out of 30 days a month, on average.

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Money to Burn:

The median household income for young professionals, age 25 to 44, in Lower Manhattan was $161,739 as of 2014.

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Book Smarts:

More than 83 percent of young professionals in Lower Manhattan boast a bachelor’s degree. And 32 percent of those have a graduate or professional degree as well.

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Tuck Room
Big Spenders:

Young Professionals in Lower Manhattan spend nearly $1,000 per month on dining and entertainment.

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Young professionals (18 to 44) as percent of overall population:

62% in Lower Manhattan
47% in Manhattan
42% in New York City overall