Chenango County, New York Income Statistics
Chenango 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
Chenango County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Chenango County | New York Avg | US Average |
|---|---|---|---|
| Median Household Income | $63,798 | $86,556 | $80,455 |
| Median Personal Income | $52,096 | $70,316 | $60,758 |
| Average Yearly Income Growth | 4.0% | 4.5% | 4.8% |
| Six-Figure Earners | 6.3% | 16.7% | 13.9% |
| $200k+ Households | 4.5% | 17.1% | 13.2% |
The median household income in Chenango County is about 26% lower than in New York. Income has been growing slower in Chenango County (4.0%/yr) than in New York (4.5%/yr).
About 6% of adults in Chenango 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 Chenango County, New York grew by 42.1% from 2009 to 2024, reaching $63,798 in 2024. That's an average of about 4.0% per year.
Income Inequality and the Gender Pay Gap in Chenango County
| Metric | Chenango County | New York Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.495 | 0.557 | 0.552 |
| Male Median Income | $58,654 | $77,531 | $69,667 |
| Female Median Income | $49,675 | $67,892 | $56,850 |
| Gender Pay Gap | 15.3% | 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 Chenango County, it is 0.495, 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 Chenango County, New York. Over a 35-year career, a 18% wage gap accumulates to roughly $314,265 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Chenango County, New York has narrowed from about 21% to 15% in 2024. Over that period the gap was widest at 22% in 2020, and was narrowest at 13% in 2023. In dollar terms, the gap has widened by $674 since 2009.
Employment
| Metric | Chenango County | New York Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.4% | 6.4% | 5.2% |
| Working from Home | 9.1% | 15.0% | 15.0% |
| Commute time (minutes) | 18 | 28 | 22 |
Approximately 1,414 people are unemployed in Chenango County, New York.
The average commute time in Chenango County is 18 minutes, shorter than the 28 minutes in New York.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Chenango County, New York has fallen from 8.7% to 6.4% in 2024. Over that period the rate peaked at 9.2% in 2013 and fell as low as 5.7% in 2018.
Chenango County, NY Wealth Compared With Nearby Counties
Chenango County, NY is the 4th largest of the 6 counties compared here, 46,321 residents against a local median of 60,108. Chenango County, NY sits close to the middle of its own neighbourhood. No measure below is more than 15% off the local median, so the choice between these counties turns on things this data does not capture.
The largest of those small differences is income inequality, 10% below the local median at 0.495 against 0.548. Chenango County, NY has the lowest income inequality 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. |
|---|---|---|---|---|---|
| Chenango County, NY | 46,321 | $63,798 #6/6 | 4.0%/yr #3/6 | 6.4% #5/6 | 0.495 #1/6 |
| Broome County, NY | 197,289 | $63,938 | 3.7%/yr | 7.1% | 0.560 |
| Madison County, NY | 67,325 | $75,545 | 3.9%/yr | 4.2% | 0.548 |
| Cortland County, NY | 46,246 | $69,777 | 3.9%/yr | 4.6% | 0.535 |
| Otsego County, NY | 60,108 | $69,866 | 4.4%/yr | 6.3% | 0.556 |
| Susquehanna County, PA | 38,203 | $68,983 | 4.1%/yr | 5.9% | 0.532 |
Conclusion
Considering all these factors, Chenango County, New York has an overall wealth index grade of C, making it about on par with New York, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Chenango County, New York.
How Rich Is Chenango County, New York?
Chenango 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 $63,798, about 26% lower than the New York average of $86,556.
How fast is household income rising in Chenango County, New York?
Between 2009 and 2024, the median household income in Chenango County, New York rose 42%, from $44,903 to $63,798. Over the same years, income here lagged behind New York as a whole: +42% against +56%.
What was the median household income in Chenango County in 2023?
In 2023, the median household income in Chenango County, New York was $62,636, up 2% from $61,670 in 2022. The New York median that year was $85,199.
What was the median household income in Chenango County in 2020?
In 2020, the median household income in Chenango County, New York was $52,117. By 2024 it had risen 22% to $63,798.
What is the Gini coefficient in Chenango County, New York?
The Gini coefficient in Chenango County is 0.495. 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 Chenango County, New York?
Since 2009, the income gap between men and women in Chenango County, New York has narrowed from about 21% to 15% in 2024. Over that period the gap was widest at 22% in 2020, and was narrowest at 13% in 2023. In dollar terms, the gap has widened by $674 since 2009.
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