Nanuet, New York Income Statistics
Nanuet 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.
-
B
Nanuet Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Nanuet | New York Avg | US Average |
|---|---|---|---|
| Median Household Income | $112,538 | $86,556 | $80,455 |
| Median Personal Income | $72,654 | $70,316 | $60,758 |
| Average Yearly Income Growth | 3.2% | 4.5% | 4.8% |
| Six-Figure Earners | 18.8% | 16.7% | 13.9% |
| $200k+ Households | 26.1% | 17.1% | 13.2% |
The median household income in Nanuet is about 30% higher than in New York. Income has been growing slower in Nanuet (3.2%/yr) than in New York (4.5%/yr).
About 19% of adults in Nanuet 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 Nanuet, New York grew by 46.5% from 2009 to 2024, reaching $112,538 in 2024. That's an average of about 3.2% per year.
Income Inequality and the Gender Pay Gap in Nanuet
| Metric | Nanuet | New York Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.530 | 0.557 | 0.552 |
| Male Median Income | $74,574 | $77,531 | $69,667 |
| Female Median Income | $77,882 | $67,892 | $56,850 |
| Gender Pay Gap | -4.4% | 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 Nanuet, it is 0.530, 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.
Women's income is about 4% more than men's income in Nanuet, New York. Over a 35-year career, a 4% wage gap accumulates to roughly $115,780 in unearned income for male workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Nanuet, New York has narrowed from about 22% to -4% in 2024. Over that period the gap was widest at 28% in 2012. In dollar terms, the gap has narrowed by $17,298 since 2009.
Employment
| Metric | Nanuet | New York Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.1% | 6.4% | 5.2% |
| Working from Home | 8.9% | 15.0% | 15.0% |
| Commute time (minutes) | 23 | 28 | 22 |
Approximately 334 people are unemployed in Nanuet, New York.
The average commute time in Nanuet is 23 minutes, shorter than the 28 minutes in New York.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Nanuet, New York has fallen from 8.9% to 3.1% in 2024. Over that period the rate peaked at 10.2% in 2013 and fell as low as 3.0% in 2022.
Nanuet, NY Wealth Compared With Nearby Cities
How Nanuet, NY compares with the 1 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. |
|---|---|---|---|---|---|
| Nanuet, NY | 20,749 | $112,538 #1/2 | 3.2%/yr #2/2 | 3.1% #1/2 | 0.530 #1/2 |
| Spring Valley, NY | 32,678 | $60,448 | 3.4%/yr | 4.3% | 0.589 |
Conclusion
Considering all these factors, Nanuet, New York has an overall wealth index grade of B, making it somewhat better than New York, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Nanuet, New York.
How Rich Is Nanuet, New York?
Nanuet has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $112,538, about 30% higher than the New York average of $86,556.
Are incomes growing in Nanuet, New York?
Between 2009 and 2024, the median household income in Nanuet, New York rose 47%, from $76,793 to $112,538. Over the same years, income here lagged behind New York as a whole: +47% against +56%.
What was the median household income in Nanuet in 2023?
In 2023, the median household income in Nanuet, New York was $111,516, up 2% from $109,181 in 2022. The New York median that year was $85,199.
What was the median household income in Nanuet in 2020?
In 2020, the median household income in Nanuet, New York was $89,454. By 2024 it had risen 26% to $112,538.
How strong is the job market in Nanuet, New York?
Unemployment in Nanuet, New York is only 3.1%, 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 Nanuet, New York?
The Gini coefficient in Nanuet is 0.530. 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 Nanuet, New York?
Since 2009, the income gap between men and women in Nanuet, New York has narrowed from about 22% to -4% in 2024. Over that period the gap was widest at 28% in 2012. In dollar terms, the gap has narrowed by $17,298 since 2009.
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