Central Islip, New York Income Statistics
Central Islip 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.
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B
Central Islip Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Central Islip | New York Avg | US Average |
|---|---|---|---|
| Median Household Income | $114,259 | $86,556 | $80,455 |
| Median Personal Income | $51,125 | $70,316 | $60,758 |
| Average Yearly Income Growth | 7.0% | 4.5% | 4.8% |
| Six-Figure Earners | 9.2% | 16.7% | 13.9% |
| $200k+ Households | 18.4% | 17.1% | 13.2% |
The median household income in Central Islip is about 32% higher than in New York. Income has been growing faster in Central Islip (7.0%/yr) than in New York (4.5%/yr).
About 9% of adults in Central Islip 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 Central Islip, New York grew by 64.1% from 2009 to 2024, reaching $114,259 in 2024. That's an average of about 7.0% per year.
Income Inequality and the Gender Pay Gap in Central Islip
| Metric | Central Islip | New York Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.556 | 0.557 | 0.552 |
| Male Median Income | $53,936 | $77,531 | $69,667 |
| Female Median Income | $51,728 | $67,892 | $56,850 |
| Gender Pay Gap | 4.1% | 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 Central Islip, it is 0.556, about the same as New York's 0.557, so income here is about as evenly distributed as there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Men's income is about 4% more than women's income in Central Islip, New York. Over a 35-year career, a 4% wage gap accumulates to roughly $77,280 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Central Islip, New York has narrowed from about 7% to 4% in 2024. Over that period the gap was widest at 11% in 2011. In dollar terms, the gap has narrowed by $810 since 2009.
Employment
| Metric | Central Islip | New York Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.0% | 6.4% | 5.2% |
| Working from Home | 6.8% | 15.0% | 15.0% |
| Commute time (minutes) | 23 | 28 | 22 |
Approximately 1,156 people are unemployed in Central Islip, New York.
The average commute time in Central Islip is 23 minutes, shorter than the 28 minutes in New York.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Central Islip, New York has fallen from 11.4% to 6.0% in 2024. Over that period the rate peaked at 11.9% in 2012 and fell as low as 3.5% in 2019.
Central Islip, NY Wealth Compared With Nearby Cities
How Central Islip, 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. |
|---|---|---|---|---|---|
| Central Islip, NY | 39,073 | $114,259 #2/2 | 7.0%/yr #1/2 | 6.0% #2/2 | 0.556 #2/2 |
| Hauppauge, NY | 20,770 | $141,784 | 3.8%/yr | 5.4% | 0.519 |
Conclusion
Considering all these factors, Central Islip, New York has an overall wealth index grade of B, making it about on par with New York, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Central Islip, New York.
How Rich Is Central Islip, New York?
Central Islip has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $114,259, about 32% higher than the New York average of $86,556.
How has median household income changed in Central Islip, New York?
Between 2009 and 2024, the median household income in Central Islip, New York rose 64%, from $69,642 to $114,259. Over the same years, income here outpaced New York as a whole: +64% against +56%.
What was the median household income in Central Islip in 2023?
In 2023, the median household income in Central Islip, New York was $108,512, up 7% from $101,111 in 2022. The New York median that year was $85,199.
What was the median household income in Central Islip in 2020?
In 2020, the median household income in Central Islip, New York was $80,798. By 2024 it had risen 41% to $114,259.
What is the Gini coefficient in Central Islip, New York?
The Gini coefficient in Central Islip is 0.556. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Central Islip, New York?
Since 2009, the income gap between men and women in Central Islip, New York has narrowed from about 7% to 4% in 2024. Over that period the gap was widest at 11% in 2011. In dollar terms, the gap has narrowed by $810 since 2009.
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