Herkimer County, New York Income Statistics

Herkimer 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.

  • C
    Herkimer County Below average

Source: Map AI Methodology

Herkimer County
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Wealth grade

Income Statistics Overview

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Metric Herkimer County New York Avg US Average
Median Household Income $67,728 $86,556 $80,455
Median Personal Income $54,206 $70,316 $60,758
Average Yearly Income Growth 4.2% 4.5% 4.8%
Six-Figure Earners 7.4% 16.7% 13.9%
$200k+ Households 5.7% 17.1% 13.2%

The median household income in Herkimer County is about 22% lower than in New York. Income has been growing slower in Herkimer County (4.2%/yr) than in New York (4.5%/yr).

About 7% of adults in Herkimer 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

Herkimer County
United States

Median household income in Herkimer County, New York grew by 61.6% from 2009 to 2024, reaching $67,728 in 2024. That's an average of about 4.2% per year.

Year Herkimer County United States

Income Inequality and the Gender Pay Gap in Herkimer County

Metric Herkimer County New York Avg US Average
Gini Coefficient 0.503 0.557 0.552
Male Median Income $59,376 $77,531 $69,667
Female Median Income $53,107 $67,892 $56,850
Gender Pay Gap 10.6% 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 Herkimer County, it is 0.503, 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 12% more than women's income in Herkimer County, New York. Over a 35-year career, a 12% wage gap accumulates to roughly $219,415 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Herkimer County, New York has narrowed from about 22% to 11% in 2024. Over that period the gap was widest at 24% in 2010. In dollar terms, the gap has narrowed by $2,302 since 2009.

Year Male Income Female Income Gap %

Employment

Metric Herkimer County New York Avg US Average
Unemployment Rate 4.3% 6.4% 5.2%
Working from Home 9.9% 15.0% 15.0%
Commute time (minutes) 21 28 22

Approximately 1,250 people are unemployed in Herkimer County, New York.

The average commute time in Herkimer County is 21 minutes, shorter than the 28 minutes in New York.

Unemployment Rate Over Time

Herkimer County
United States

Since 2011, the unemployment rate in Herkimer County, New York has fallen from 7.3% to 4.3% in 2024. Over that period the rate peaked at 9.4% in 2013 and fell as low as 4.2% in 2022.

Year Herkimer County United States

Herkimer County, NY Wealth Compared With Nearby Counties

Herkimer County, NY is the 2nd largest of the 6 counties compared here, 58,430 residents against a local median of 49,528. Herkimer 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 unemployment, 6% below the local median at 4.3% against 4.6%. Herkimer County, NY has the 2nd lowest unemployment 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.
Herkimer County, NY 58,430 $67,728 #4/6 4.2%/yr #4/6 4.3% #2/6 0.503 #2/6
Oneida County, NY 229,092 $70,832 4.5%/yr 4.6% 0.530
Hamilton County, NY 5,089 $68,196 3.6%/yr 4.4% 0.504
Lewis County, NY 26,603 $68,475 4.0%/yr 5.1% 0.494
Fulton County, NY 49,864 $66,582 4.7%/yr 3.5% 0.504
Montgomery County, NY 49,528 $66,179 5.1%/yr 4.7% 0.520

Conclusion

Considering all these factors, Herkimer 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 Herkimer County, New York.

How Rich Is Herkimer County, New York?

Herkimer 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 $67,728, about 22% lower than the New York average of $86,556.

How has median household income changed in Herkimer County, New York?

Between 2009 and 2024, the median household income in Herkimer County, New York rose 62%, from $41,920 to $67,728. Over the same years, income here outpaced New York as a whole: +62% against +56%.

What was the median household income in Herkimer County in 2023?

In 2023, the median household income in Herkimer County, New York was $68,474, about the same as in 2022. The New York median that year was $85,199.

What was the median household income in Herkimer County in 2020?

In 2020, the median household income in Herkimer County, New York was $58,386. By 2024 it had risen 16% to $67,728.

Is it hard to find a job in Herkimer County, New York?

Unemployment in Herkimer County, New York is only 4.3%, 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 Herkimer County, New York?

The Gini coefficient in Herkimer County is 0.503. 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 Herkimer County, New York?

Since 2009, the income gap between men and women in Herkimer County, New York has narrowed from about 22% to 11% in 2024. Over that period the gap was widest at 24% in 2010. In dollar terms, the gap has narrowed by $2,302 since 2009.

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