Long Beach, New York Income Statistics
Long Beach 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.
-
A
Long Beach Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Long Beach | New York Avg | US Average |
|---|---|---|---|
| Median Household Income | $140,547 | $86,556 | $80,455 |
| Median Personal Income | $92,368 | $70,316 | $60,758 |
| Average Yearly Income Growth | 6.3% | 4.5% | 4.8% |
| Six-Figure Earners | 31.6% | 16.7% | 13.9% |
| $200k+ Households | 29.0% | 17.1% | 13.2% |
The median household income in Long Beach is about 62% higher than in New York. Income has been growing faster in Long Beach (6.3%/yr) than in New York (4.5%/yr).
About 32% of adults in Long Beach 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 Long Beach, New York grew by 75.7% from 2009 to 2024, reaching $140,547 in 2024. That's an average of about 6.3% per year.
Income Inequality and the Gender Pay Gap in Long Beach
| Metric | Long Beach | New York Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.470 | 0.557 | 0.552 |
| Male Median Income | $112,270 | $77,531 | $69,667 |
| Female Median Income | $91,573 | $67,892 | $56,850 |
| Gender Pay Gap | 18.4% | 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 Long Beach, it is 0.470, 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 23% more than women's income in Long Beach, New York. Over a 35-year career, a 23% wage gap accumulates to roughly $724,395 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Long Beach, New York has widened from about 13% to 18% in 2024. Over that period the gap was narrowest at 7% in 2013. In dollar terms, the gap has widened by $12,076 since 2009.
Sharply against the trend: the pay gap in Long Beach widened by 5.8 points while New York's narrowed by 6.0 points.
Employment
| Metric | Long Beach | New York Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.2% | 6.4% | 5.2% |
| Working from Home | 18.8% | 15.0% | 15.0% |
| Commute time (minutes) | 37 | 28 | 22 |
Approximately 671 people are unemployed in Long Beach, New York.
The average commute time in Long Beach is 37 minutes, longer than the 28 minutes in New York.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Long Beach, New York has risen from 3.0% to 3.2% in 2024. Over that period the rate peaked at 6.9% in 2016.
Conclusion
Considering all these factors, Long Beach, New York has an overall wealth index grade of A, making it notably better than New York, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Long Beach, New York.
How Rich Is Long Beach, New York?
Long Beach 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 residents are much better off than the U.S. average. The median household income is $140,547, about 62% higher than the New York average of $86,556.
Are incomes growing in Long Beach, New York?
Between 2009 and 2024, the median household income in Long Beach, New York rose 76%, from $79,989 to $140,547. Over the same years, income here outpaced New York as a whole: +76% against +56%.
What was the median household income in Long Beach in 2023?
In 2023, the median household income in Long Beach, New York was $128,718, up 2% from $126,024 in 2022. The New York median that year was $85,199.
What was the median household income in Long Beach in 2020?
In 2020, the median household income in Long Beach, New York was $106,814. By 2024 it had risen 32% to $140,547.
Do many residents of Long Beach, New York earn over $100,000?
Yes. 32% of adults in Long Beach, New York earn $100,000 or more a year (about 1 in 3), against 17% (about 1 in 6) in New York. 29% of households have a combined income of $200,000 or more, compared with 17% in New York.
How strong is the job market in Long Beach, New York?
Unemployment in Long Beach, New York is only 3.2%, 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 Long Beach, New York?
The Gini coefficient in Long Beach is 0.470. 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 Long Beach, New York?
Since 2009, the income gap between men and women in Long Beach, New York has widened from about 13% to 18% in 2024. Over that period the gap was narrowest at 7% in 2013. In dollar terms, the gap has widened by $12,076 since 2009.
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