Market Intelligence — updated Aug 2026

Data Scientist in New York

What it pays: $130,000-$221,000/yr per year (USD) — $130k to $221k. Demand: Very High. Growth: +18% YoY.

New York City's data science market is among the most competitive in the world, driven by demand from Wall Street firms like BlackRock and The Blackstone Group, as well as tech giants and media companies like The New York Times. The city's dense convergence of finance, tech, and media creates a 'finance premium' that pushes total compensation well above national averages. NYC institutions like Columbia and NYU continuously feed the talent pipeline, sustaining robust hiring across all seniority levels.

Market signals

Finance Premium

NYC hedge funds and major banks compete directly with Big Tech for data science talent, driving total compensation packages significantly above national averages.

ML Specialization Pays

Data scientists specializing in machine learning or biostatistics command salaries at the top of the range, with senior roles averaging $247,000+ at NYC firms.

Cross-Industry Mobility

NYC's unique advantage is fluid career movement between finance, tech, media, and a thriving startup scene, offering unmatched career trajectory options.

Who's hiring

Where this role is heading

In-demand skills

Python, Machine Learning, SQL, TensorFlow/PyTorch, Statistical Modeling, Data Visualization, NLP, Cloud Platforms (AWS/GCP/Azure)

What New York costs

1-BR apartment: $4,031/mo. Total monthly: $5,800/mo.

Neighborhoods: Bushwick, Brooklyn, $1,525/mo; Washington Heights, $2,500/mo; Astoria, Queens, $2,600/mo

Full interactive analysis · All markets

Market estimates, not guarantees. Compiled with AI-assisted research from public sources, refreshed quarterly. Approximate amounts converted to USD; actual compensation varies. Not career, financial, or relocation advice.