Garden City, New York Income Statistics
Garden City 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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A+
Garden City Top grade
Source: Map AI Methodology
Income Statistics Overview
| Metric | Garden City | New York Avg | US Average |
|---|---|---|---|
| Median Household Income | $206,430 | $86,556 | $80,455 |
| Median Personal Income | $132,399 | $70,316 | $60,758 |
| Average Yearly Income Growth | 3.3% | 4.5% | 4.8% |
| Six-Figure Earners | 41.2% | 16.7% | 13.9% |
| $200k+ Households | 57.4% | 17.1% | 13.2% |
The median household income in Garden City is about 138% higher than in New York. Income has been growing slower in Garden City (3.3%/yr) than in New York (4.5%/yr).
About 41% of adults in Garden City 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 Garden City, New York grew by 56.5% from 2009 to 2024, reaching $206,430 in 2024. That's an average of about 3.3% per year.
Income Inequality and the Gender Pay Gap in Garden City
| Metric | Garden City | New York Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.506 | 0.557 | 0.552 |
| Male Median Income | $137,226 | $77,531 | $69,667 |
| Female Median Income | $127,858 | $67,892 | $56,850 |
| Gender Pay Gap | 6.8% | 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 Garden City, it is 0.506, 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 7% more than women's income in Garden City, New York. Over a 35-year career, a 7% wage gap accumulates to roughly $327,880 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Garden City, New York has narrowed from about 45% to 7% in 2024. Over that period the gap was narrowest at 6% in 2023. In dollar terms, the gap has narrowed by $41,977 since 2009.
Employment
| Metric | Garden City | New York Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.9% | 6.4% | 5.2% |
| Working from Home | 27.6% | 15.0% | 15.0% |
| Commute time (minutes) | 30 | 28 | 22 |
Approximately 448 people are unemployed in Garden City, New York.
The average commute time in Garden City is 30 minutes, longer than the 28 minutes in New York.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Garden City, New York has fallen from 5.2% to 3.9% in 2024. Over that period the rate peaked at 6.4% in 2013 and fell as low as 3.0% in 2020.
Garden City, NY Wealth Compared With Nearby Cities
How Garden City, NY compares with the 2 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. |
|---|---|---|---|---|---|
| Garden City, NY | 23,057 | $206,430 #1/3 | 3.3%/yr #3/3 | 3.9% #2/3 | 0.506 #2/3 |
| Mineola, NY | 21,174 | $136,937 | 5.6%/yr | 3.2% | 0.472 |
| West Hempstead, NY | 20,645 | $161,495 | 6.3%/yr | 5.5% | 0.546 |
Conclusion
Considering all these factors, Garden City, New York has an overall wealth index grade of A+, making it far better than New York, and far better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Garden City, New York.
How Rich Is Garden City, New York?
Garden City 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 it is one of the most prosperous areas in the country. The median household income is $206,430, about 138% higher than the New York average of $86,556.
Are incomes growing in Garden City, New York?
Between 2009 and 2024, the median household income in Garden City, New York rose 56%, from $131,935 to $206,430. Over the same years, income here kept pace with New York as a whole: +56% against +56%.
What was the median household income in Garden City in 2023?
In 2023, the median household income in Garden City, New York was $203,811, up 1% from $201,102 in 2022. The New York median that year was $85,199.
What was the median household income in Garden City in 2020?
In 2020, the median household income in Garden City, New York was $189,775. By 2024 it had risen 9% to $206,430.
How many people earn six figures in Garden City, New York?
Yes. 41% of adults in Garden City, New York earn $100,000 or more a year (about 1 in 2), against 17% (about 1 in 6) in New York. 57% of households have a combined income of $200,000 or more, compared with 17% in New York.
How strong is the job market in Garden City, New York?
Unemployment in Garden City, New York is only 3.9%, 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 Garden City, New York?
The Gini coefficient in Garden City is 0.506. 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 Garden City, New York?
Since 2009, the income gap between men and women in Garden City, New York has narrowed from about 45% to 7% in 2024. Over that period the gap was narrowest at 6% in 2023. In dollar terms, the gap has narrowed by $41,977 since 2009.
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