Curb economics

New York City has about a million parkable curb spaces. It charges for 85,000 of them.

Here's the math on what the other ~92% could be worth, the map of what's metered and how peer cities price their curbs.

Gross curb spaces (lanes × 20)
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Active meter blockfaces (DOT)
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Street segments with a parking lane
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Share of curb that is metered
~2.8%
Loading street and meter data...
Free curb space (heavier line = more parking lanes) Paid meter location (a multi-space pay station — one dot can meter many spaces) Source: NYC Open Data — Centerline (inkn-q76z), Parking Meters (693u-uax6). The lanes × 20 tally is a gross rollup; the Sam Schwartz Transportation Research Program estimates only ~1 million of these are genuinely parkable.
At a glance →
Today
$258M
Quick: avg fee
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Detailed: meter + permit
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What if New York City charged for street parking?

New York City has roughly a million genuinely parkable curb spaces. About 85,000 — just 8% — are metered, generating roughly $258 million a year. The rest are free. (Older estimates put the curb count as high as 2.9 million to 3 million, but most of that curb can't actually hold a parked car — see below.) Adjust the sliders below to model what different pricing structures could raise.

Free overnight street parking in New York City dates to 1954, when the city began allowing drivers to store cars on public streets at no charge. At the time only 43% of city households owned a car, and those households had above-average incomes. Car ownership in New York is still roughly that low today, but it no longer tracks income in a simple way: it is concentrated among middle-income and very-high-income households, while many of the city's wealthiest residents are deliberately car-free. Before 1954 the New York Times had proposed an annual parking tax of $60 — roughly $550 in today's dollars.

Economist Donald Shoup has argued that free curb parking generates excess traffic, raises the cost of housing and that the market value of the land devoted to free parking in the U.S. may exceed the value of all the cars parked on it. At the same time, car owners in New York City value free parking precisely because owning a car here is already expensive and often inconvenient — and many people, including families, residents with mobility issues and workers with difficult commutes or odd-hour shifts, genuinely depend on private vehicles.

The policy questions here are not just "parkers versus everyone else." They are also tradeoffs within the parking world. A residential-permit fee would cost current parkers money — but in exchange it would push out commuters from other neighborhoods, vehicles with out-of-state plates and people using the curb as long-term car storage, making spots dramatically more available and reliable on permit blocks. For many residents, paying a modest monthly fee for a near-guaranteed spot is a better deal than paying nothing to circle for 20 minutes after work.

The headline number
~1 million
Genuinely parkable on-street spaces in New York City, of which roughly 92% are free. The often-cited figure of 2.9 million to 3 million — used by the toomanycars.nyc project and traceable to a 2016 New York City Department of Transportation internal estimate — counts all curb, including stretches that can't hold a parked car. A June 2026 analysis by the Sam Schwartz Transportation Research Program nets that gross figure down by removing intersections, curb cuts, hydrants, bus and bike lanes and low-demand blocks, and concludes the 2.9 million figure is overstated by a factor of more than 2.5. We use their conservative estimate of about 1 million throughout this page.
~2.9M
Gross curb spaces (older estimates)
~1M
Genuinely parkable (Schwartz)
85,000
Currently metered (~8%)
$258M
Current annual revenue
Sam Schwartz Transportation Research Program · June 2026

From 2.9 million curb spaces to 1 million parkable ones

How do you get from the headline number to a parkable one? The Sam Schwartz Transportation Research Program (chaired by Sam Schwartz, directed by Kelly McGuinness) started from the city's street network — about 6,000 centerline miles of non-arterial city streets, or roughly 11,000 miles of curb — and assumed 20 feet per car to get a gross count of about 2.9 million spaces. It then subtracted the curb that can't or shouldn't hold a parked car. What remains is roughly a million genuinely available spaces. The waterfall below uses their conservative Digital City Map column.

Curb categorySpaces
Gross parking (curb ÷ 20 ft per car)2,907,000
− Intersections & crosswalks (10%)−290,700
− Curb cuts & hydrants (25%)−726,800
− Bus lanes, no-standing, no-parking (10%)−290,700
− Low-demand areas, e.g. low density (10%)−290,700
− Bike lanes & restaurant sheds (5%)−145,400
− Existing meters−85,000
− Free authorized parking−50,000
Remaining available parking~1,028,000

The Schwartz team stresses these are approximations — a more rigorous geospatial pass could refine them — but the direction is clear: the popular 2.9 million figure overstates parkable curb by a factor of more than 2.5. A parallel "Google estimates" column in their workbook, built from Google's slightly higher street mileage, lands at ~1,132,000 available spaces; we use the lower, more conservative Digital City Map figure (~1,028,000) for every revenue scenario on this page. Source: Sam Schwartz Transportation Research Program, memo and workbook to Vital City, June 11, 2026.

Two kinds of curb space, two kinds of pricing

Not all of that curb is alike. Metered zones make sense for commercial corridors, transit hubs and high-traffic streets — the kinds of blocks where drivers circle for spots and turnover matters. Today's ~85,000 meters are concentrated in Manhattan below 96th Street, downtown Brooklyn, Long Island City and commercial strips in the Bronx and Staten Island. Expanding metering to all major commercial and mixed-use streets citywide could cover a few hundred thousand spaces.

Residential permits target a different problem: the vast majority of parkable curb sits on neighborhood streets, occupied overnight and on weekends by local residents. These spaces — on the order of 800,000 to 1 million in the Schwartz estimate — are less likely candidates for hourly meters, but a modest permit fee could generate revenue, encourage some drivers to park off-street, discourage unnecessary car ownership and deter commuters from storing cars in residential neighborhoods.

Metering and residential permits are not mutually exclusive: a city could meter commercial streets and offer residential permits on others. A growing number of cities now blend the two strategies on the very same blocks — a "pay and permit" model. Residents park on their annual permit, while non-residents can buy a few hours at an hourly rate during the day, so a quiet residential curb earns money from visitors without displacing the people who live there. Paris, much of London and many U.S. cities run some version of this hybrid.

The calculator below offers two ways to model the math: a quick estimate built on a single average fee, and a detailed model that splits the curb between metered and permit blocks and prices each side separately.

The quick estimate: one average fee

The back-of-envelope version. The city has about a million parkable curb spaces, and roughly 92% of them are free. Charging an average of just $35 per space per week — about $5 a day, less than a single round-trip subway fare — could generate around $2 billion a year. Adjust the fee and how much of the free curb it covers; framing it as a small daily or weekly amount keeps the number intuitive.

Average fee per space, per week $35
Share of free curb charged 100%
Spaces charged 1,027,844
Works out to $1,820 / space / year
Annual revenue (+ current meters) $5.6B
21.6x current revenue

The detailed model: metering plus residential permits

The fuller version. First decide how much curb stays free, then split the priced curb between metered blocks and residential-permit blocks. Tune each side separately — metering and permits target different streets and can run at the same time.

How the ~1.1 million parkable spaces are split
Curb left free (no charge) 40%
Of the priced curb: metered vs. residential permit 25% meter / 75% permit
Metered blocks
Average hourly rate$3.00
Demand-based meters run higher on busy commercial blocks and lower on quiet ones — the price rises where spaces are scarce and falls where they aren't.
Metered hours per day10
e.g., 8 a.m. to 6 p.m. = 10 hours.
Average paid occupancy70%
Share of metered hours a space is parked and paying. Demand pricing targets roughly 70–85%, so a space is usually open without sitting empty.
Operating days per year365
Demand pricing can run every day, including evenings and Sundays, since the goal is managing demand rather than business-hour enforcement.
Residential-permit blocks
Permit price per month$300
A city could set this directly or let an auction discover the market price. $300/month is a mid-range market estimate; London and San Francisco charge far less, dense private lots far more.
Reduced rate for eligible households50%
Discount off the full price. 0% = free for eligible households; 100% = no discount.
Share of parkers eligible for reduced rate30%
e.g., seniors, households with young children or income-qualified residents (a Fair Fares-style means test).
Permits issued per curb space1.00
A ratio above 1.0 means issuing more permits than spaces — common in residential-permit cities, since not everyone parks at once, though popular blocks end up oversubscribed with waitlists.
Metering revenue--
Permit revenue--
Combined annual revenue--
-- current revenue ($258 million)
Two caveats. First, this model holds behavior fixed — it assumes the same number of people park no matter the price. In reality, higher prices push some drivers to park less, park off-street or not drive at all, so revenue at steep price points would land below these figures (and cutting car trips may be the whole point). Second, residential permits are contested on principle: critics argue they privatize public space by privileging residents over the broader public — you may own your home, the reasoning goes, but not the street in front of it. A "pay and permit" design that lets visitors buy the same curb by the hour is one answer to that objection.

Methodology and sources

This calculator is a rough modeling tool, not a precise forecast. All figures are estimates.

  • ~1 million parkable spaces (operative figure): From the Sam Schwartz Transportation Research Program's June 11, 2026 memo and workbook to Vital City (Sam Schwartz, chair; Kelly McGuinness, director). Starting from roughly 6,000 centerline miles of non-arterial, mapped, surface-level city streets (per the Department of City Planning's October 2025 Digital City Map), they compute roughly 11,000 miles of curb, 58 million curb feet and a gross 2.9 million spaces at 20 feet per car. Deducting curb that can't or shouldn't hold a parked car — intersections and crosswalks (10%), curb cuts and hydrants (25%), bus/no-standing/no-parking zones (10%), low-demand areas (10%), bike lanes and restaurant sheds (5%), plus existing meters (85,000) and free authorized parking (50,000) — leaves about 1,027,844 genuinely available spaces. The team notes the figures are approximations and that the widely cited 2.9 million overstates parkable curb by a factor of more than 2.5. We use this conservative figure for all revenue scenarios.
  • The older gross figure of 2.9 million to 3 million: Traces to a 2016 New York City DOT internal estimate and a 2012 back-of-the-envelope calculation by transportation scholar Rachel Weinberger (now at the Regional Plan Association): curb length as roughly centerline miles × 2, netted for hydrants, curb cuts, bus stops and intersections. Later field-survey work put the range at 3.4 million to 4.4 million. These count total curb rather than parkable curb, which is why the Schwartz-adjusted number is far lower.
  • ~85,000 metered spaces (~8% of parkable): NYC DOT data; the Open Data portal lists ~12,900 active meter records, but each record represents a blockface segment with multiple physical meters. DOT reports ~85,000 individual metered spaces. Against the ~2.9 million gross figure this is ~2.8%; against the ~1.1 million parkable figure it is ~8%.
  • $258 million current revenue: NYC Comptroller reports on parking meter cash collection, FY2023-2024 estimates.
  • Quick estimate (average fee): A single average fee per space, framed as a small daily or weekly amount to keep the number intuitive. Formula: free spaces × share charged × fee × (52 if weekly, 365 if daily), plus the current $258M from existing meters. It is deliberately crude — a back-of-envelope figure, not a forecast.
  • Detailed model — metered side: Based on Transportation Alternatives' EasyPark proposal, which estimated $4.59 billion at about $2.93 an hour on average. Formula: metered spaces × hours × occupancy × rate × days. The number of metered spaces is set by the allocation sliders (how much curb stays free, then the meter/permit split), so you can model anything from today's ~85,000 meters to citywide metering.
  • Detailed model — permit side: Annual revenue is permit spaces × permits issued per space × monthly price × 12, with a reduced-rate tier for eligible households. "Permits issued per curb space" defaults to 1.0 but can run higher: residential-permit cities frequently issue more permits than spaces because not everyone parks at once, which is also why popular blocks develop multi-year waitlists. The permit price is monthly ($300 default), reflecting that a market-clearing price — what an auction would discover — is far higher than a token annual sticker fee. The auction concept is drawn from City Journal's "The case for auctioning New York City's parking spaces" by Adam Lehodey (March 2026).
  • Reduced-rate tier: The permit side includes a discount for eligible households — seniors, families with young children or income-qualified residents (a Fair Fares-style means test). The "reduced rate" slider sets the discount (0% means free for eligible households); the "share eligible" slider sets how many parkers qualify. The default 30% eligible share is a midpoint between the share of New York City residents 65+ (~16% per American Community Survey) and the share of households with a child under 6 (~8%), adjusted upward because seniors are over-represented among car-owning households. These are parker-level estimates, not household-level; the sliders let you test other assumptions.
  • Residential permit pricing: Modeled on London's resident parking permits (about $150 to $225 a year) and San Francisco's residential parking permit program.
  • Donald Shoup research: Shoup documented 366,000 excess vehicle miles traveled per year from cruising for parking in just a 15-block Upper West Side study area.
  • Hunter College estimate: Hunter College Urban Policy & Planning, "Shifting Gears: Transitioning to a Car-Light New York City" (2024) estimated that charging market-rate prices for parking at current volume could generate $12.3 billion in annual revenue.
  • Center for an Urban Future: "5 Revenue-Raising Ideas for NYC" identified expanded paid street parking as one of five proposals that could collectively generate over $1.4 billion annually.
  • History of free parking: City Journal, "Parking madness" traces the origins of free overnight parking in New York City to a 1954 policy decision.
  • Street parking map: The chartreuse lines show 80,658 street segments that have designated parking lanes, from NYC's Centerline dataset (field: number_park_lanes > 0). These are streets where parking is physically possible — most are unmetered/free, subject to alternate-side and other time restrictions. Heavier lines mark segments with two or more parking lanes (typically both sides of the street).
  • Map tile "gross curb spaces" (~2.9 million): The map's space tally is computed as parking lanes × 20 cars per lane per blockface, summed across all 80,658 segments. Twenty is a midpoint estimate; a typical New York City blockface holds roughly 18 to 22 parked cars per lane. This is a deliberately crude gross rollup — it does not subtract hydrants, curb cuts, bus and bike lanes or low-demand blocks, so it lands near the older figure of 2.9 million to 3 million rather than the Schwartz parkable estimate. Treat the map as a picture of where curb parking lanes exist, not a count of usable spots; the roughly 1 million parkable figure used in the calculator is the Schwartz-adjusted number.

Parkable-space estimate: Sam Schwartz Transportation Research Program, memo and workbook to Vital City, June 11, 2026 (analysis of the New York City Department of City Planning Digital City Map, October 2025 release). Meter location data: NYC Open Data, Parking Meters Locations and Status. Street centerline data: NYC Open Data, Centerline.

What parking revenue could pay for

First, a clarification: New York City's roughly $258 million in parking-meter revenue goes into the city's general fund — it does not currently fund the MTA. But it makes a useful yardstick: it equals just 1.3% of the MTA's $19.9 billion operating budget. The charts below show where MTA money actually comes from and how a priced-curb program — whether the city kept the money or dedicated it to transit — would stack up against those sources.

$19.9B
MTA operating budget (2025 adopted)
$68.4B
Capital plan (2025-2029 proposed)
1.3B
Subway trips (2025)
~458M
Bus trips (2025)

What that money could buy

"Reducing the government subsidy" is abstract. Here is what priced-curb revenue could pay for instead — riders would feel each of these directly. Every figure is an approximate annual cost; compare them against the combined number from the calculator's detailed model.

~$652M
Make every local bus in the city free
~$100M
Fair Fares: half-price fares for low-income riders (current funding)
~$1B
A $1,000 "transportation wallet" — transit, bike share or car share credit — for 1 million car-free households
~$1.75B
All three of the above, combined
Together those add up to roughly $1.75 billion a year — and the calculator's detailed model clears that at its defaults (about $2.8 billion), leaving room for other budget priorities like street redesign, accessibility upgrades or paratransit. The point is not that the city should spend every dollar on transit, but that pricing the curb turns a free public asset into a recurring stream the city could direct anywhere.
Free buses: New York City Independent Budget Office estimate of forgone local-bus fare revenue, net of subway-transfer recapture (IBO, 2023; about $652 million in updated reporting). Fair Fares: just over $100 million baselined in the New York City FY2025 budget (NYC Fair Fares). Transportation wallet is illustrative — $1,000 × 1,000,000 households, usable for transit, bike share or car share — modeled on Portland's transit-credit program; it is not a costed New York City proposal.

Where MTA revenue comes from

The MTA's $19.9 billion operating budget is funded by a mix of fares, dedicated taxes, tolls and government subsidies — parking meters are not among them. Pick a calculator scenario to drop in a hypothetical priced-curb slice and see how it would compare with the MTA's real revenue sources if the city dedicated that money to transit.

Farebox $5.2B Payroll mobility tax $3.1B Tolls $2.6B Franchise surcharge (MMTOA) $2.3B City subsidy $1.4B Sales tax $1.3B Real estate taxes $841M Congestion pricing ~$500M Other ~$2.4B
Sources: NYS Comptroller (2025), NYC Council MTA budget analysis. Farebox and toll figures are 2025 projections from MTA financial plan. Payroll mobility tax is 2024 actual. Congestion pricing is net revenue from first partial year (launched Jan. 5, 2025).
The city already bankrolls most of the MTA. The "$1.4B city subsidy" above is only New York City's direct budget contribution. Once you count the dedicated regional and state taxes that city residents and businesses actually pay — the payroll mobility tax, sales tax, real estate taxes, the franchise surcharge and the rest — the Citizens Budget Commission found that city taxpayers fund roughly $6 billion, about 71%, of the MTA's non-fare, non-toll, non-federal revenue. So dedicating curb revenue to transit would extend an arrangement that already exists rather than invent a new one. (CBC, 2018 data — the structural share, not the dollar total, is the durable point; the operating budget has grown since.) CBC: How much do city taxpayers really contribute to the MTA?

What it costs to run

Fares cover roughly 35% of operating costs, down from more than 50% before the pandemic. The average NYC Transit trip costs about $5.63 to provide; riders pay about $1.97 on average (once unlimited passes and reduced fares are blended in). The rest is subsidy.

NYC Transit $10.7B
Other MTA agencies $9.2B
Total operating budget: $19.9B
How each trip is paid for
Avg fare $1.97
Subsidy $3.66
What riders pay, on average (35%) Covered by taxes, tolls and subsidies (65%)
Cost per trip is New York City Transit expenses ($10.7 billion) divided by total New York City Transit trips (about 1.9 billion) — a blended figure across subway, bus and paratransit. Average fare per trip is below the $3 base fare (raised from $2.90 in January 2026) because the weekly fare cap, reduced Fair Fares and free transfers lower the effective per-trip payment. Source: NYS Comptroller fare revenue report.

The capital backlog

The MTA's 2025-2029 capital plan covers system rebuilding and expansion but has a significant funding gap.

Capital plan total (2025-2029)$68.4B
Identified funding$35.0B
Unfunded gap$33.4B
Key projects: Second Avenue Subway Phase 2, 75+ miles of signal modernization (communications-based train control), 1,500 new subway cars, 150+ station upgrades, accessibility improvements at nine stations. Source: MTA 2025-2029 Capital Plan.

Revenue leakage

Fare evasion costs the MTA roughly $1 billion a year — nearly four times the level of parking meter revenue.

Bus fare evasion (2024)$568M
Subway fare evasion (2024)$350M
Total fare evasion losses~$1B
Bus evasion rate (2024)47%
Subway evasion rate (2024)12.8%
Fare evasion losses are roughly triple the 2019 level. Bus evasion declined to 44% in Q1 2025; subway evasion declined to 9.8%. Source: Citizens Budget Commission (2025).

Parking revenue in context

Current parking meters
$258M
Your detailed scenario
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Annual fare evasion losses
~$1B
Congestion pricing (net/yr)
~$500M
Farebox revenue
$5.2B
MTA operating budget
$19.9B
Bars are scaled to the $19.9 billion MTA operating budget. "Your detailed scenario" updates live from the revenue calculator's detailed model (it is not current revenue — it is what that model projects).

Sources and notes

How peer cities price street parking

New York City leaves roughly 92% of its parkable curb free. Most global peers charge significantly more — through meters, permits, congestion fees or outright ownership requirements. Here's what the data shows.

One way to see the New York bargain: spread the city's $258 million in meter revenue across all ~1.1 million parkable curb spaces — including the ~92% that are free — and the average space earns the city about $230 a year, or roughly 64 cents a day. A single private garage space in Manhattan rents for hundreds of dollars a month. A fuller comparison would also normalize each city's rates by local incomes — which would make New York's giveaway starker still; that income-adjusted view is a planned addition to this page.

Peak hourly meter rates

Annual street parking revenue

Annual residential parking permit cost

City-by-city breakdown

Sources

All figures converted to USD at approximate March 2026 exchange rates (1 GBP = $1.29, 1 EUR = $1.08, 1 AUD = $0.63, 1 SGD = $0.76). Revenue figures are from the most recent available fiscal year for each city and may span different reporting periods.

    Revenue calculator, meter map, transit context and peer cities below