Baldwin, New York Income Statistics
Baldwin Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
A
Baldwin Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Baldwin | New York Avg | US Average |
|---|---|---|---|
| Median Household Income | $144,999 | $86,556 | $80,455 |
| Median Personal Income | $78,252 | $70,316 | $60,758 |
| Average Yearly Income Growth | 5.2% | 4.5% | 4.8% |
| Six-Figure Earners | 21.7% | 16.7% | 13.9% |
| $200k+ Households | 29.8% | 17.1% | 13.2% |
The median household income in Baldwin is about 68% higher than in New York. Income has been growing faster in Baldwin (5.2%/yr) than in New York (4.5%/yr).
About 22% of adults in Baldwin earn six figures ($100,000 or more) a year, higher than the New York average of 17%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Baldwin, New York grew by 42.1% from 2009 to 2024, reaching $144,999 in 2024. That's an average of about 5.2% per year.
Income Inequality and the Gender Pay Gap in Baldwin
| Metric | Baldwin | New York Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.518 | 0.557 | 0.552 |
| Male Median Income | $84,521 | $77,531 | $69,667 |
| Female Median Income | $73,930 | $67,892 | $56,850 |
| Gender Pay Gap | 12.5% | 12.4% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Baldwin, it is 0.518, lower than New York's 0.557, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 14% more than women's income in Baldwin, New York. Over a 35-year career, a 14% wage gap accumulates to roughly $370,685 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Baldwin, New York has narrowed from about 18% to 13% in 2024. Over that period the gap was narrowest at 4% in 2022. In dollar terms, the gap has narrowed by $1,178 since 2009.
Employment
| Metric | Baldwin | New York Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.3% | 6.4% | 5.2% |
| Working from Home | 10.8% | 15.0% | 15.0% |
| Commute time (minutes) | 33 | 28 | 22 |
Approximately 835 people are unemployed in Baldwin, New York.
The average commute time in Baldwin is 33 minutes, longer than the 28 minutes in New York.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Baldwin, New York has fallen from 6.0% to 4.3% in 2024. Over that period the rate peaked at 7.8% in 2013 and fell as low as 4.1% in 2023.
Baldwin, NY Wealth Compared With Nearby Cities
Baldwin, NY is typical in size for this group, 34,996 residents against a local median of 31,670, so the measures below are close to a like for like comparison. Baldwin, NY's unemployment, at 4.3%, runs 26% below the 5.8% typical of the cities around it. That is the better end of the local range on this measure.
The cities themselves sit within 0.6% of each other on unemployment, a tighter band than the gap between any of them and Baldwin, NY, which makes it a genuine outlier here rather than one end of a wide local spread. Baldwin, NY has the lowest unemployment of the 4 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Baldwin, NY | 34,996 | $144,999 #3/4 | 5.2%/yr #2/4 | 4.3% #1/4 | 0.518 #3/4 |
| Freeport, NY | 44,694 | $118,701 | 6.7%/yr | 6.4% | 0.534 |
| Rockville Centre, NY | 25,745 | $150,692 | 4.7%/yr | 5.8% | 0.505 |
| Oceanside, NY | 31,670 | $148,935 | 4.9%/yr | 5.8% | 0.511 |
Conclusion
Considering all these factors, Baldwin, New York has an overall wealth index grade of A, making it notably better than New York, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Baldwin, New York.
How Rich Is Baldwin, New York?
Baldwin has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $144,999, about 68% higher than the New York average of $86,556.
How fast is household income rising in Baldwin, New York?
Between 2009 and 2024, the median household income in Baldwin, New York rose 42%, from $102,019 to $144,999. Over the same years, income here lagged behind New York as a whole: +42% against +56%.
What was the median household income in Baldwin in 2023?
In 2023, the median household income in Baldwin, New York was $140,431, up 4% from $134,969 in 2022. The New York median that year was $85,199.
What was the median household income in Baldwin in 2020?
In 2020, the median household income in Baldwin, New York was $121,069. By 2024 it had risen 20% to $144,999.
How many people earn six figures in Baldwin, New York?
Yes. 22% of adults in Baldwin, New York earn $100,000 or more a year (about 1 in 5), against 17% (about 1 in 6) in New York. 30% of households have a combined income of $200,000 or more, compared with 17% in New York.
Is it hard to find a job in Baldwin, New York?
Unemployment in Baldwin, New York is only 4.3%, well below the New York rate of 6.4%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Baldwin, New York?
The Gini coefficient in Baldwin is 0.518. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Baldwin, New York?
Since 2009, the income gap between men and women in Baldwin, New York has narrowed from about 18% to 13% in 2024. Over that period the gap was narrowest at 4% in 2022. In dollar terms, the gap has narrowed by $1,178 since 2009.
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