New York County, New York Income Statistics
New York 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.
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B
New York County Around averageWealthier than 92% of counties in New York
Source: Map AI Methodology
Income Statistics Overview
| Metric | New York County | New York Avg | US Average |
|---|---|---|---|
| Median Household Income | $105,051 | $86,556 | $80,455 |
| Median Personal Income | $108,357 | $70,316 | $60,758 |
| Average Yearly Income Growth | 4.2% | 4.5% | 4.8% |
| Six-Figure Earners | 31.0% | 16.7% | 13.9% |
| $200k+ Households | 29.0% | 17.1% | 13.2% |
The median household income in New York County is about 21% higher than in New York. Income has been growing slower in New York County (4.2%/yr) than in New York (4.5%/yr).
About 31% of adults in New York County 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 New York County, New York grew by 56.8% from 2009 to 2024, reaching $105,051 in 2024. That's an average of about 4.2% per year.
Income Inequality and the Gender Pay Gap in New York County
| Metric | New York County | New York Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.533 | 0.557 | 0.552 |
| Male Median Income | $116,565 | $77,531 | $69,667 |
| Female Median Income | $100,147 | $67,892 | $56,850 |
| Gender Pay Gap | 14.1% | 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 New York County, it is 0.533, 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 16% more than women's income in New York County, New York. Over a 35-year career, a 16% wage gap accumulates to roughly $574,630 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in New York County, New York has narrowed from about 16% to 14% in 2024. Over that period the gap was widest at 21% in 2015. In dollar terms, the gap has widened by $4,671 since 2009.
Employment
| Metric | New York County | New York Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 7.6% | 6.4% | 5.2% |
| Working from Home | 25.5% | 15.0% | 15.0% |
| Commute time (minutes) | 30 | 28 | 22 |
Approximately 71,942 people are unemployed in New York County, New York.
The average commute time in New York County is 30 minutes, longer than the 28 minutes in New York.
Unemployment Rate Over Time
Since 2011, the unemployment rate in New York County, New York has fallen from 8.4% to 7.6% in 2024. Over that period the rate peaked at 8.8% in 2013 and fell as low as 5.2% in 2019.
New York County, NY Wealth Compared With Nearby Counties
New York County, NY is the 3rd largest of the 6 counties compared here, 1,628,057 residents against a local median of 1,403,126. Where New York County, NY breaks from the counties next to it is median household income, sitting 21% above the local median of $86,773 at $105,051. That is the better end of the local range on this measure.
The counties themselves spread $76,256 on median household income, so New York County, NY sits at one end of an already wide local range rather than apart from it. New York County, NY has the 2nd highest median household income 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. |
|---|---|---|---|---|---|
| New York County, NY | 1,628,057 | $105,051 #2/6 | 4.2%/yr #5/6 | 7.6% #4/6 | 0.533 #1/6 |
| Hudson County, NJ | 717,070 | $92,989 | 5.4%/yr | 6.0% | 0.554 |
| Bronx County, NY | 1,403,126 | $48,639 | 4.1%/yr | 11.4% | 0.599 |
| Kings County, NY | 2,630,245 | $80,565 | 5.9%/yr | 7.9% | 0.577 |
| Queens County, NY | 2,320,290 | $86,773 | 4.8%/yr | 7.2% | 0.566 |
| Bergen County, NJ | 960,507 | $124,895 | 4.3%/yr | 5.8% | 0.536 |
Conclusion
Considering all these factors, New York County, 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 New York County, New York.
How Rich Is New York County, New York?
New York County 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 $105,051, about 21% higher than the New York average of $86,556.
Are incomes growing in New York County, New York?
Between 2009 and 2024, the median household income in New York County, New York rose 57%, from $67,016 to $105,051. Over the same years, income here outpaced New York as a whole: +57% against +56%.
What was the median household income in New York County in 2023?
In 2023, the median household income in New York County, New York was $105,052, up 5% from $99,980 in 2022. The New York median that year was $85,199.
What was the median household income in New York County in 2020?
In 2020, the median household income in New York County, New York was $90,992. By 2024 it had risen 15% to $105,051.
Do many residents of New York County, New York earn over $100,000?
Yes. 31% of adults in New York County, 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.
What is the Gini coefficient in New York County, New York?
The Gini coefficient in New York County is 0.533. 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 New York County, New York?
Since 2009, the income gap between men and women in New York County, New York has narrowed from about 16% to 14% in 2024. Over that period the gap was widest at 21% in 2015. In dollar terms, the gap has widened by $4,671 since 2009.
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