Kiryas Joel, New York Income Statistics
Kiryas Joel 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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F
Kiryas Joel Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Kiryas Joel | New York Avg | US Average |
|---|---|---|---|
| Median Household Income | $49,143 | $86,556 | $80,455 |
| Median Personal Income | $50,129 | $70,316 | $60,758 |
| Average Yearly Income Growth | 8.8% | 4.5% | 4.8% |
| Six-Figure Earners | 7.0% | 16.7% | 13.9% |
| $200k+ Households | 5.4% | 17.1% | 13.2% |
The median household income in Kiryas Joel is about 43% lower than in New York. Income has been growing faster in Kiryas Joel (8.8%/yr) than in New York (4.5%/yr).
About 7% of adults in Kiryas Joel 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 Kiryas Joel, New York grew by 181.2% from 2009 to 2024, reaching $49,143 in 2024. That's an average of about 8.8% per year.
Income Inequality and the Gender Pay Gap in Kiryas Joel
| Metric | Kiryas Joel | New York Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.724 | 0.557 | 0.552 |
| Male Median Income | $59,781 | $77,531 | $69,667 |
| Female Median Income | $31,448 | $67,892 | $56,850 |
| Gender Pay Gap | 47.4% | 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 Kiryas Joel, it is 0.724, higher than New York's 0.557, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 90% more than women's income in Kiryas Joel, New York. Over a 35-year career, a 90% wage gap accumulates to roughly $991,655 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Kiryas Joel, New York has widened from about 9% to 47% in 2024. Over that period the gap was widest at 48% in 2017. In dollar terms, the gap has widened by $25,522 since 2009.
Sharply against the trend: the pay gap in Kiryas Joel widened by 38.0 points while New York's narrowed by 6.0 points.
Employment
| Metric | Kiryas Joel | New York Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.4% | 6.4% | 5.2% |
| Working from Home | 13.8% | 15.0% | 15.0% |
| Commute time (minutes) | 13 | 28 | 22 |
Approximately 189 people are unemployed in Kiryas Joel, New York.
The average commute time in Kiryas Joel is 13 minutes, shorter than the 28 minutes in New York.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Kiryas Joel, New York has fallen from 6.2% to 2.4% in 2024. Over that period the rate peaked at 7.0% in 2013.
Conclusion
Considering all these factors, Kiryas Joel, New York has an overall wealth index grade of F, making it worse than New York, and worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Kiryas Joel, New York.
How Rich Is Kiryas Joel, New York?
Kiryas Joel has a wealth index grade of F. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an F grade means residents are well below the U.S. average. The median household income is $49,143, about 43% lower than the New York average of $86,556.
How has median household income changed in Kiryas Joel, New York?
Between 2009 and 2024, the median household income in Kiryas Joel, New York rose 181%, from $17,476 to $49,143. Over the same years, income here outpaced New York as a whole: +181% against +56%.
What was the median household income in Kiryas Joel in 2023?
In 2023, the median household income in Kiryas Joel, New York was $43,208, up 8% from $39,969 in 2022. The New York median that year was $85,199.
What was the median household income in Kiryas Joel in 2020?
In 2020, the median household income in Kiryas Joel, New York was $37,223. By 2024 it had risen 32% to $49,143.
Is it hard to find a job in Kiryas Joel, New York?
Unemployment in Kiryas Joel, New York is only 2.4%, 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 Kiryas Joel, New York?
The Gini coefficient in Kiryas Joel is 0.724. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Kiryas Joel, New York?
Since 2009, the income gap between men and women in Kiryas Joel, New York has widened from about 9% to 47% in 2024. Over that period the gap was widest at 48% in 2017. In dollar terms, the gap has widened by $25,522 since 2009.
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