NEW YORK — New York City has the most costly cars.
A city that’s been plagued by traffic jams and gridlock, the capital has more than a billion cars on the road, according to a new report from the Institute for Governmental Studies at New York University.
The city also has more expensive homes and more cars than any other U.S. city, the report found.
It also found that the city’s median household income is the highest in the country.
New Yorkers have the highest household incomes in the nation, with the median household earning $96,842 in 2013, the study found.
The median household also has the highest personal income in the state of New York, with a household income of $83,874.
In New York City, only 11% of households have a vehicle, the lowest in the U.N. data, while only 10% of people have a home and 30% of the people live in a city-owned housing development.
The city’s average income is also the lowest among the top 10 largest U.K. cities, the IGS report found, with an annual income of less than $60,000.
The report also found there are more than 30,000 people in New York State who earn more than $150,000 per year, according the Institute.
Drivers who commute to work are among the most vulnerable to the congestion, according, according.
“While most drivers are aware of the risks of congestion, they are also concerned about traffic, which is exacerbated by the lack of traffic signals, which are often too far apart,” the report states.
While there are few congestion problems in New Zealand, the country’s road network is less than ideal, according a recent report by the New Zealand Transport Agency.
Its latest recommendations for improving roads included widening the roads, installing new road signals, installing lane markings, and removing existing ones, to improve the flow of traffic.
More than a million New Zealanders commute daily by car, according research by the Australian National University.