Centereach, New York Income Statistics
Centereach 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
Centereach Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Centereach | New York Avg | US Average |
|---|---|---|---|
| Median Household Income | $132,971 | $86,556 | $80,455 |
| Median Personal Income | $79,427 | $70,316 | $60,758 |
| Average Yearly Income Growth | 3.6% | 4.5% | 4.8% |
| Six-Figure Earners | 18.5% | 16.7% | 13.9% |
| $200k+ Households | 25.5% | 17.1% | 13.2% |
The median household income in Centereach is about 54% higher than in New York. Income has been growing slower in Centereach (3.6%/yr) than in New York (4.5%/yr).
About 18% of adults in Centereach 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 Centereach, New York grew by 48.5% from 2009 to 2024, reaching $132,971 in 2024. That's an average of about 3.6% per year.
Income Inequality and the Gender Pay Gap in Centereach
| Metric | Centereach | New York Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.537 | 0.557 | 0.552 |
| Male Median Income | $86,163 | $77,531 | $69,667 |
| Female Median Income | $73,111 | $67,892 | $56,850 |
| Gender Pay Gap | 15.1% | 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 Centereach, it is 0.537, 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 18% more than women's income in Centereach, New York. Over a 35-year career, a 18% wage gap accumulates to roughly $456,820 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Centereach, New York has narrowed from about 32% to 15% in 2024. Over that period the gap was widest at 33% in 2019, and was narrowest at 14% in 2023. In dollar terms, the gap has narrowed by $7,477 since 2009.
Employment
| Metric | Centereach | New York Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.6% | 6.4% | 5.2% |
| Working from Home | 10.8% | 15.0% | 15.0% |
| Commute time (minutes) | 25 | 28 | 22 |
Approximately 993 people are unemployed in Centereach, New York.
The average commute time in Centereach is 25 minutes, shorter than the 28 minutes in New York.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Centereach, New York has risen from 4.5% to 5.6% in 2024. Over that period the rate peaked at 6.3% in 2021 and fell as low as 4.5% in 2018.
Centereach, NY Wealth Compared With Nearby Cities
How Centereach, NY compares with the 1 cities closest to it.
| 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. |
|---|---|---|---|---|---|
| Centereach, NY | 33,381 | $132,971 #1/2 | 3.6%/yr #1/2 | 5.6% #2/2 | 0.537 #2/2 |
| Selden, NY | 21,223 | $110,316 | 3.4%/yr | 4.1% | 0.536 |
Conclusion
Considering all these factors, Centereach, New York has an overall wealth index grade of A, making it somewhat better than New York, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Centereach, New York.
How Rich Is Centereach, New York?
Centereach 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 $132,971, about 54% higher than the New York average of $86,556.
Are incomes growing in Centereach, New York?
Between 2009 and 2024, the median household income in Centereach, New York rose 49%, from $89,517 to $132,971. Over the same years, income here lagged behind New York as a whole: +49% against +56%.
What was the median household income in Centereach in 2023?
In 2023, the median household income in Centereach, New York was $128,848, up 3% from $125,390 in 2022. The New York median that year was $85,199.
What was the median household income in Centereach in 2020?
In 2020, the median household income in Centereach, New York was $109,675. By 2024 it had risen 21% to $132,971.
What is the Gini coefficient in Centereach, New York?
The Gini coefficient in Centereach is 0.537. 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 Centereach, New York?
Since 2009, the income gap between men and women in Centereach, New York has narrowed from about 32% to 15% in 2024. Over that period the gap was widest at 33% in 2019, and was narrowest at 14% in 2023. In dollar terms, the gap has narrowed by $7,477 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →