New York

Highlights

• #1 of 50: Economic output and wealth
• #2 of 50: Startup formation
• #2 of 50: Scale-ups

The seven inputs

Each input is a z-score against the other states: 0 is the average state, and each step is one standard deviation (capped at ±3). Ranks are among the 50 states.

• Venture capital +2.2 #3 of 50
• Startup formation +1.5 #2 of 50
• Scale-ups +2.0 #2 of 50
• Economic output and wealth +2.0 #1 of 50
• Innovation and patents +0.6 #10 of 50
• Talent +1.0 #5 of 50
• Momentum -0.2 #28 of 50

Top companies

The largest companies headquartered in New York, by latest annual revenue.

1. JPMorgan Chase & Co. JPM · Financials · New York, NY-NJ $182B
2. Verizon Communications Inc. VZ · Communication Services · New York, NY-NJ $138B
3. Johnson & Johnson JNJ · Healthcare · New Brunswick · New York, NY-NJ metro $94.2B
4. PepsiCo Inc. PEP · Consumer Staples · Purchase · New York, NY-NJ metro $93.9B
5. Citigroup Inc. C · Financials · New York, NY-NJ $85.2B

Roots Density Data, All Companies (public: SEC filings; private: Forbes Top Private Companies 2025). Ranked by latest annual revenue.

Metros in New York

• New York, NY-NJ #4 of 109 metros 74
• Rochester, NY #54 of 109 metros 43
• Buffalo, NY #59 of 109 metros 40