NYC spends more per homeless person than a typical household earns in a year, data shows
New York City has more than tripled spending on unsheltered homelessness since 2019, shelling out nearly $368 million even as the number of people living on the streets continued to...
By Fox News · Fox News
New York City has more than tripled spending on unsheltered homelessness since 2019, shelling out nearly $368 million even as the number of people living on the streets continued to rise, according to a state comptroller’s report. The city’s own numbers show the unsheltered population grew from 3,588 in fiscal year 2019 to 4,504 in fiscal year 2025, a 26% increase from pre-pandemic levels. Over that same period, spending on services for the unsheltered jumped 262%, from $102 million to nearly $368 million. That works out to roughly $81,700 per unsheltered person in FY 2025 — slightly more than the city’s median household income, though the comparison is only a broad benchmark since public spending and household earnings are not directly comparable. The numbers show the city is pouring in more money while the street homeless population continues to grow — and taxpayers are footing the bill. FROM FREE BUSES TO CITY-OWNED GROCERY STORES, HERE ARE MAMDANI’S KEY ECONOMIC PROMISES Still, the report notes that New York’s shelter system remains unusually large by national standards. Los Angeles , the city with the next-largest homeless population, has about 71,000 homeless people, roughly half of New York City’s 2024 total, and about 70% of them are unsheltered. In New York City, by contrast, nearly 97% of the homeless population is in shelters. The findings are likely to add fuel to the broader debate over housing affordability, as soaring rents and a shortage of low-cost housing remain central to New York City’s homelessness crisis — and a key issue for Mayor Zohran Mamdani . While Mamdani has proposed freezing rents on roughly 2 million stabilized apartments, many economists argue that rent freezes may shield current tenants in the short term while worsening the city’s long-term housing shortage — doing little to solve the supply crisis at the root of New York’s homelessness problem. MAMDANI BUDGET POURS MILLIONS INTO DEI OFFICES AND CUTS 5,000 NYPD JOBS More broadly, h…