Hamilton County, New York Income Statistics
Hamilton 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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D
Hamilton County Well below averageAmong the 5 least wealthy counties in New York
Source: Map AI Methodology
Income Statistics Overview
| Metric | Hamilton County | New York Avg | US Average |
|---|---|---|---|
| Median Household Income | $68,196 | $86,556 | $80,455 |
| Median Personal Income | $56,735 | $70,316 | $60,758 |
| Average Yearly Income Growth | 3.6% | 4.5% | 4.8% |
| Six-Figure Earners | 9.1% | 16.7% | 13.9% |
| $200k+ Households | 5.4% | 17.1% | 13.2% |
The median household income in Hamilton County is about 21% lower than in New York. Income has been growing slower in Hamilton County (3.6%/yr) than in New York (4.5%/yr).
About 9% of adults in Hamilton 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 Hamilton County, New York grew by 50.6% from 2009 to 2024, reaching $68,196 in 2024. That's an average of about 3.6% per year.
Income Inequality and the Gender Pay Gap in Hamilton County
| Metric | Hamilton County | New York Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.504 | 0.557 | 0.552 |
| Male Median Income | $67,019 | $77,531 | $69,667 |
| Female Median Income | $57,894 | $67,892 | $56,850 |
| Gender Pay Gap | 13.6% | 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 Hamilton County, it is 0.504, 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 16% more than women's income in Hamilton County, New York. Over a 35-year career, a 16% wage gap accumulates to roughly $319,375 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Hamilton County, New York has narrowed from about 19% to 14% in 2024. Over that period the gap was widest at 29% in 2022, and in 2017 women out-earned men by 20%. In dollar terms, the gap has widened by $1,582 since 2009.
Employment
| Metric | Hamilton County | New York Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.4% | 6.4% | 5.2% |
| Working from Home | 13.8% | 15.0% | 15.0% |
| Commute time (minutes) | 13 | 28 | 22 |
Approximately 100 people are unemployed in Hamilton County, New York.
The average commute time in Hamilton County is 13 minutes, shorter than the 28 minutes in New York.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Hamilton County, New York has risen from 2.8% to 4.4% in 2024. Over that period the rate peaked at 11.2% in 2017 and fell as low as 2.1% in 2020.
Hamilton County, NY Wealth Compared With Nearby Counties
Hamilton County, NY is the smallest of the 6 counties compared here, 5,089 residents against a local median of 58,430. Where Hamilton County, NY breaks from the counties next to it is income growth, sitting 16% below the local median of 4.2%/yr at 3.6%/yr. That is the weaker end of the local range on this measure.
The counties themselves spread 1.2%/yr on income growth, so Hamilton County, NY sits at one end of an already wide local range rather than apart from it. Hamilton County, NY has the 6th highest income growth 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. |
|---|---|---|---|---|---|
| Hamilton County, NY | 5,089 | $68,196 #3/6 | 3.6%/yr #6/6 | 4.4% #5/6 | 0.504 #4/6 |
| Herkimer County, NY | 58,430 | $67,728 | 4.2%/yr | 4.3% | 0.503 |
| Fulton County, NY | 49,864 | $66,582 | 4.7%/yr | 3.5% | 0.504 |
| Warren County, NY | 65,516 | $78,804 | 4.0%/yr | 4.3% | 0.497 |
| Montgomery County, NY | 49,528 | $66,179 | 5.1%/yr | 4.7% | 0.520 |
| Saratoga County, NY | 238,162 | $100,718 | 3.9%/yr | 3.3% | 0.495 |
Conclusion
Considering all these factors, Hamilton County, New York has an overall wealth index grade of D, making it somewhat worse than New York, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Hamilton County, New York.
How Rich Is Hamilton County, New York?
Hamilton County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $68,196, about 21% lower than the New York average of $86,556.
Are incomes growing in Hamilton County, New York?
Between 2009 and 2024, the median household income in Hamilton County, New York rose 51%, from $45,286 to $68,196. Over the same years, income here lagged behind New York as a whole: +51% against +56%.
What was the median household income in Hamilton County in 2023?
In 2023, the median household income in Hamilton County, New York was $68,849, up 1% from $67,849 in 2022. The New York median that year was $85,199.
What was the median household income in Hamilton County in 2020?
In 2020, the median household income in Hamilton County, New York was $60,226. By 2024 it had risen 13% to $68,196.
Is it hard to find a job in Hamilton County, New York?
Unemployment in Hamilton County, New York is only 4.4%, 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 Hamilton County, New York?
The Gini coefficient in Hamilton County is 0.504. 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 Hamilton County, New York?
Since 2009, the income gap between men and women in Hamilton County, New York has narrowed from about 19% to 14% in 2024. Over that period the gap was widest at 29% in 2022, and in 2017 women out-earned men by 20%. In dollar terms, the gap has widened by $1,582 since 2009.
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