Broome County, New York Income Statistics
Broome County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
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C
Broome County Below averageLess wealthy than 89% of counties in New York
Source: Map AI Methodology
Income Statistics Overview
| Metric | Broome County | New York Avg | US Average |
|---|---|---|---|
| Median Household Income | $63,938 | $86,556 | $80,455 |
| Median Personal Income | $56,572 | $70,316 | $60,758 |
| Average Yearly Income Growth | 3.7% | 4.5% | 4.8% |
| Six-Figure Earners | 8.7% | 16.7% | 13.9% |
| $200k+ Households | 7.1% | 17.1% | 13.2% |
The median household income in Broome County is about 26% lower than in New York. Income has been growing slower in Broome County (3.7%/yr) than in New York (4.5%/yr).
About 9% of adults in Broome County earn six figures ($100,000 or more) a year, lower than the New York average of 17%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Broome County, New York grew by 47.2% from 2009 to 2024, reaching $63,938 in 2024. That's an average of about 3.7% per year.
Income Inequality and the Gender Pay Gap in Broome County
| Metric | Broome County | New York Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.560 | 0.557 | 0.552 |
| Male Median Income | $64,761 | $77,531 | $69,667 |
| Female Median Income | $52,799 | $67,892 | $56,850 |
| Gender Pay Gap | 18.5% | 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 Broome County, it is 0.560, about the same as New York's 0.557, so income here is about as evenly distributed as there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 23% more than women's income in Broome County, New York. Over a 35-year career, a 23% wage gap accumulates to roughly $418,670 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Broome County, New York has narrowed from about 28% to 18% in 2024. Over that period the gap was narrowest at 16% in 2019. In dollar terms, the gap has narrowed by $852 since 2009.
Employment
| Metric | Broome County | New York Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 7.1% | 6.4% | 5.2% |
| Working from Home | 9.6% | 15.0% | 15.0% |
| Commute time (minutes) | 16 | 28 | 22 |
Approximately 6,628 people are unemployed in Broome County, New York.
The average commute time in Broome County is 16 minutes, shorter than the 28 minutes in New York.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Broome County, New York has fallen from 7.6% to 7.1% in 2024. Over that period the rate peaked at 8.9% in 2013 and fell as low as 6.2% in 2019.
Broome County, NY Wealth Compared With Nearby Counties
Broome County, NY is the largest of the 6 counties compared here, 197,289 residents against a local median of 46,246. Where Broome County, NY breaks from the counties next to it is unemployment, sitting 29% above the local median of 5.5% at 7.1%. That is the weaker end of the local range on this measure.
The counties themselves spread 1.8% on unemployment, so Broome County, NY sits at one end of an already wide local range rather than apart from it. Broome County, NY has the 6th lowest unemployment of the 6 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. |
|---|---|---|---|---|---|
| Broome County, NY | 197,289 | $63,938 #5/6 | 3.7%/yr #5/6 | 7.1% #6/6 | 0.560 #6/6 |
| Susquehanna County, PA | 38,203 | $68,983 | 4.1%/yr | 5.9% | 0.532 |
| Chenango County, NY | 46,321 | $63,798 | 4.0%/yr | 6.4% | 0.495 |
| Tioga County, NY | 47,858 | $72,215 | 2.8%/yr | 5.5% | 0.518 |
| Cortland County, NY | 46,246 | $69,777 | 3.9%/yr | 4.6% | 0.535 |
| Wyoming County, PA | 25,938 | $72,723 | 3.9%/yr | 5.0% | 0.520 |
Conclusion
Considering all these factors, Broome County, New York has an overall wealth index grade of C, making it somewhat worse than New York, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Broome County, New York.
How Rich Is Broome County, New York?
Broome County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $63,938, about 26% lower than the New York average of $86,556.
How fast is household income rising in Broome County, New York?
Between 2009 and 2024, the median household income in Broome County, New York rose 47%, from $43,429 to $63,938. Over the same years, income here lagged behind New York as a whole: +47% against +56%.
What was the median household income in Broome County in 2023?
In 2023, the median household income in Broome County, New York was $61,169, up 4% from $58,559 in 2022. The New York median that year was $85,199.
What was the median household income in Broome County in 2020?
In 2020, the median household income in Broome County, New York was $52,522. By 2024 it had risen 22% to $63,938.
What is the Gini coefficient in Broome County, New York?
The Gini coefficient in Broome County is 0.560. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Broome County, New York?
Since 2009, the income gap between men and women in Broome County, New York has narrowed from about 28% to 18% in 2024. Over that period the gap was narrowest at 16% in 2019. In dollar terms, the gap has narrowed by $852 since 2009.
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