Merrick, New York Income Statistics
Merrick 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+
Merrick Top grade
Source: Map AI Methodology
Income Statistics Overview
| Metric | Merrick | New York Avg | US Average |
|---|---|---|---|
| Median Household Income | $181,390 | $86,556 | $80,455 |
| Median Personal Income | $109,551 | $70,316 | $60,758 |
| Average Yearly Income Growth | 3.8% | 4.5% | 4.8% |
| Six-Figure Earners | 34.8% | 16.7% | 13.9% |
| $200k+ Households | 45.0% | 17.1% | 13.2% |
The median household income in Merrick is about 110% higher than in New York. Income has been growing slower in Merrick (3.8%/yr) than in New York (4.5%/yr).
About 35% of adults in Merrick 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 Merrick, New York grew by 49.3% from 2009 to 2024, reaching $181,390 in 2024. That's an average of about 3.8% per year.
Income Inequality and the Gender Pay Gap in Merrick
| Metric | Merrick | New York Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.491 | 0.557 | 0.552 |
| Male Median Income | $119,806 | $77,531 | $69,667 |
| Female Median Income | $99,479 | $67,892 | $56,850 |
| Gender Pay Gap | 17.0% | 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 Merrick, it is 0.491, 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 20% more than women's income in Merrick, New York. Over a 35-year career, a 20% wage gap accumulates to roughly $711,445 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Merrick, New York has narrowed from about 38% to 17% in 2024. Over that period the gap was widest at 38% in 2010, and was narrowest at 13% in 2023. In dollar terms, the gap has narrowed by $16,697 since 2009.
Employment
| Metric | Merrick | New York Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.9% | 6.4% | 5.2% |
| Working from Home | 24.3% | 15.0% | 15.0% |
| Commute time (minutes) | 31 | 28 | 22 |
Approximately 435 people are unemployed in Merrick, New York.
The average commute time in Merrick is 31 minutes, longer than the 28 minutes in New York.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Merrick, New York has risen from 3.8% to 3.9% in 2024. Over that period the rate peaked at 7.9% in 2015 and fell as low as 2.1% in 2020.
Merrick, NY Wealth Compared With Nearby Cities
How Merrick, 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. |
|---|---|---|---|---|---|
| Merrick, NY | 21,138 | $181,390 #1/3 | 3.8%/yr #3/3 | 3.9% #1/3 | 0.491 #2/3 |
| Freeport, NY | 44,694 | $118,701 | 6.7%/yr | 6.4% | 0.534 |
| North Bellmore, NY | 20,689 | $177,982 | 5.6%/yr | 4.0% | 0.489 |
Conclusion
Considering all these factors, Merrick, 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 Merrick, New York.
How Rich Is Merrick, New York?
Merrick 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 $181,390, about 110% higher than the New York average of $86,556.
How has median household income changed in Merrick, New York?
Between 2009 and 2024, the median household income in Merrick, New York rose 49%, from $121,530 to $181,390. Over the same years, income here lagged behind New York as a whole: +49% against +56%.
What was the median household income in Merrick in 2023?
In 2023, the median household income in Merrick, New York was $176,129, down 3% from $181,909 in 2022. The New York median that year was $85,199.
What was the median household income in Merrick in 2020?
In 2020, the median household income in Merrick, New York was $160,260. By 2024 it had risen 13% to $181,390.
Do many residents of Merrick, New York earn over $100,000?
Yes. 35% of adults in Merrick, New York earn $100,000 or more a year (about 1 in 3), against 17% (about 1 in 6) in New York. 45% of households have a combined income of $200,000 or more, compared with 17% in New York.
Is it hard to find a job in Merrick, New York?
Unemployment in Merrick, 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 Merrick, New York?
The Gini coefficient in Merrick is 0.491. 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 Merrick, New York?
Since 2009, the income gap between men and women in Merrick, New York has narrowed from about 38% to 17% in 2024. Over that period the gap was widest at 38% in 2010, and was narrowest at 13% in 2023. In dollar terms, the gap has narrowed by $16,697 since 2009.
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