Newburgh, New York Income Statistics
Newburgh 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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D
Newburgh Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Newburgh | New York Avg | US Average |
|---|---|---|---|
| Median Household Income | $58,024 | $86,556 | $80,455 |
| Median Personal Income | $49,574 | $70,316 | $60,758 |
| Average Yearly Income Growth | 7.1% | 4.5% | 4.8% |
| Six-Figure Earners | 6.7% | 16.7% | 13.9% |
| $200k+ Households | 5.9% | 17.1% | 13.2% |
The median household income in Newburgh is about 33% lower than in New York. Income has been growing faster in Newburgh (7.1%/yr) than in New York (4.5%/yr).
About 7% of adults in Newburgh 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 Newburgh, New York grew by 51.2% from 2009 to 2024, reaching $58,024 in 2024. That's an average of about 7.1% per year.
Income Inequality and the Gender Pay Gap in Newburgh
| Metric | Newburgh | New York Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.572 | 0.557 | 0.552 |
| Male Median Income | $58,781 | $77,531 | $69,667 |
| Female Median Income | $49,185 | $67,892 | $56,850 |
| Gender Pay Gap | 16.3% | 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 Newburgh, it is 0.572, 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 20% more than women's income in Newburgh, New York. Over a 35-year career, a 20% wage gap accumulates to roughly $335,860 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Newburgh, New York has widened from about 10% to 16% in 2024. Over that period the gap was widest at 18% in 2022, and was narrowest at 8% in 2011. In dollar terms, the gap has widened by $6,378 since 2009.
Sharply against the trend: the pay gap in Newburgh widened by 6.1 points while New York's narrowed by 6.0 points.
Employment
| Metric | Newburgh | New York Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.1% | 6.4% | 5.2% |
| Working from Home | 8.8% | 15.0% | 15.0% |
| Commute time (minutes) | 21 | 28 | 22 |
Approximately 833 people are unemployed in Newburgh, New York.
The average commute time in Newburgh is 21 minutes, shorter than the 28 minutes in New York.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Newburgh, New York has fallen from 7.4% to 6.1% in 2024. Over that period the rate peaked at 11.8% in 2016 and fell as low as 5.5% in 2023.
Conclusion
Considering all these factors, Newburgh, New York has an overall wealth index grade of D, making it somewhat worse than New York, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Newburgh, New York.
How Rich Is Newburgh, New York?
Newburgh has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $58,024, about 33% lower than the New York average of $86,556.
How fast is household income rising in Newburgh, New York?
Between 2009 and 2024, the median household income in Newburgh, New York rose 51%, from $38,378 to $58,024. Over the same years, income here lagged behind New York as a whole: +51% against +56%.
What was the median household income in Newburgh in 2023?
In 2023, the median household income in Newburgh, New York was $51,773, up 8% from $47,941 in 2022. The New York median that year was $85,199.
What was the median household income in Newburgh in 2020?
In 2020, the median household income in Newburgh, New York was $42,992. By 2024 it had risen 35% to $58,024.
What is the Gini coefficient in Newburgh, New York?
The Gini coefficient in Newburgh is 0.572. 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 Newburgh, New York?
Since 2009, the income gap between men and women in Newburgh, New York has widened from about 10% to 16% in 2024. Over that period the gap was widest at 18% in 2022, and was narrowest at 8% in 2011. In dollar terms, the gap has widened by $6,378 since 2009.
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