How much does the job of NYC mayor pay? It might be more than you'd think
Government
Zohran Mamdani is about to get a massive raise — and some swanky new accommodations. Mamdani is set to earn a $258,750 annual salary as New York City mayor, a more than 80% increase from the $142,000 annual salary that he earns as a state assemblyman. He's also set to move into Gracie Mansion, the official mayoral residence, where he will not have to pay rent. Mamdani will take office on January 1, 2026. Forbes has estimated that the state assemblyman's net worth is about $200,000. He currently
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