New York City Economic Development Corporation

Ferryboat at New York City Economic Development Corporation

New York City Economic Development Corporation carried 7,116,129 ferryboat boardings in FY2024 at $11.98 per ride. Ten years of National Transit Database figures for this service, with safety, reliability and the national comparison.

Ferryboat New York, NY
FY2024 boardings
7.12M
+7.9% vs FY2023
Cost per ride
$11.98
+14.3% nationwide $16.88
Subsidy per ride
$8.75
+16.9% operating cost less fares
Fare recovery
27%
-5.7% nationwide 25.8%
Passenger miles
36.4M
average trip 5.12 miles
Operating cost
$85.3M
Vehicles in service
26
at maximum service
Rides per revenue hour
81.67
87.1K hours operated

Ridership

Monthly data through July 2026.

This year against the last five

Same months on one axis, so seasonality does not read as a trend

Annual boardings

Ten-year series

Cost

This service against every ferryboat operator in the country.

Cost per ride

This agency against the national figure for the same mode

Fare recovery

Share of operating cost covered by fares

Directly operated and purchased service, FY2024

NTD reports these separately. An agency that contracts a service out reports the contract price, which bundles costs a directly operating agency reports line by line.

Service Boardings Passenger miles Revenue hours Operating cost Cost / ride Subsidy / ride Fare recovery Vehicles
Purchased transportation 7,116,129 36,443,096 87,130 $85,257,513 $11.98 $8.75 27% 26

Safety and reliability

For this service alone.

Events by year

Complete calendar years only

Miles between failures

Revenue miles divided by mechanical failures. Higher is better.

Full series

Every year New York City Economic Development Corporation reported this service.

Year Boardings Passenger miles Revenue miles Revenue hours Operating cost Fares Cost / ride Subsidy / ride Fare recovery
2024 7,116,129 36,443,096 924,789 87,130 $85,257,513 $23,003,057 $11.98 $8.75 27%
2023 6,593,142 33,254,457 959,569 89,848 $69,130,114 $19,772,375 $10.49 $7.49 28.6%
2022 5,373,392 24,009,812 942,849 87,356 $63,264,890 $13,739,917 $11.77 $9.22 21.7%
2021 3,784,753 20,999,297 748,353 67,881 $46,959,794 $9,354,007 $12.41 $9.94 19.9%
2020 4,967,414 28,302,801 824,899 67,952 $76,018,149 $12,150,212 $15.30 $12.86 16%
2019 5,670,849 30,949,943 846,623 66,862 $78,330,674 $13,882,274 $13.81 $11.36 17.7%
2018 4,101,874 22,278,258 564,517 45,229 $61,842,069 $10,285,229 $15.08 $12.57 16.6%
2017 1,819,118 7,350,053 134,642 12,135 $21,209,294 $6,398,519 $11.66 $8.14 30.2%
2016 1,557,128 3,423,376 95,751 9,178 $9,579,022 $6,585,539 $6.15 $1.92 68.7%
2015 1,360,389 2,967,223 92,842 8,427 $8,539,592 $5,658,661 $6.28 $2.12 66.3%