Port Authority Trans-Hudson Corporation
New York, NY · NTD ID 20098 · 2024 report year
Port Authority Trans-Hudson Corporation carries 62.5 million passenger trips a year on heavy rail service — making it the 20th-busiest transit operator in the United States. It is based in New York, NY.
It spends $599 million a year running that service, or $9.58 per trip. Its heavy rail service, the largest of its modes, costs $9.58 per rider — 9% below the $10.50 median for the 16 US agencies reporting heavy rail.
Over the 10 years reported, ridership remains 32% below its 2019 level, the last full year before the pandemic, and up 13% on 2023. Fares cover 25% of operating cost.
Service by mode, 2024
| Mode | Annual trips | Operating expense | Cost per rider | vs national median | Farebox | Vehicles |
|---|---|---|---|---|---|---|
| Heavy Rail#5 of 16 nationally | 62,489,580 | $599 million | $9.58 | -9% | 25% | 300 |
Ridership, 2015–2024
| Year | Annual trips | Operating expense (2024 $) | Cost per rider (2024 $) |
|---|---|---|---|
| 2024 | 62,489,580 | $599 million | $9.58 |
| 2023 | 55,108,860 | $569 million | $10.32 |
| 2022 | 46,589,043 | $516 million | $11.07 |
| 2021 | 32,073,673 | $541 million | $16.86 |
| 2020 | 29,940,845 | $543 million | $18.15 |
| 2019 | 91,672,195 | $571 million | $6.23 |
| 2018 | 91,036,214 | $567 million | $6.22 |
| 2017 | 94,198,861 | $551 million | $5.85 |
| 2016 | 89,466,496 | $552 million | $6.17 |
| 2015 | 86,652,206 | $526 million | $6.07 |
Where Port Authority Trans-Hudson Corporation ranks
- Cheapest Heavy Rail Systems by Cost per Rider #7 of 16
- Most Expensive Heavy Rail Systems by Cost per Rider #10 of 16
- Highest-Ridership Heavy Rail Systems #5 of 16
- Best Farebox Recovery Among Heavy Rail Systems #3 of 16
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Ask NTD about Port Authority Trans-Hudson Corporation →Source & method. Figures are from the Federal Transit Administration's National Transit Database (NTD) annual reporting for 2024, the most recent published report year. Cost per rider is operating expense divided by unlinked passenger trips. Farebox recovery is fare revenue divided by operating expense. Ten-year trends are adjusted for inflation to 2024 dollars; single-year figures are as reported. Agencies self-report to the NTD, and reporting practice varies, so figures are best read as comparable in magnitude rather than to the cent.