North Tonawanda, New York Income Statistics
North Tonawanda 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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B
North Tonawanda Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | North Tonawanda | New York Avg | US Average |
|---|---|---|---|
| Median Household Income | $68,418 | $86,556 | $80,455 |
| Median Personal Income | $55,256 | $70,316 | $60,758 |
| Average Yearly Income Growth | 3.9% | 4.5% | 4.8% |
| Six-Figure Earners | 8.6% | 16.7% | 13.9% |
| $200k+ Households | 6.7% | 17.1% | 13.2% |
The median household income in North Tonawanda is about 21% lower than in New York. Income has been growing slower in North Tonawanda (3.9%/yr) than in New York (4.5%/yr).
About 9% of adults in North Tonawanda 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 North Tonawanda, New York grew by 46.7% from 2009 to 2024, reaching $68,418 in 2024. That's an average of about 3.9% per year.
Income Inequality and the Gender Pay Gap in North Tonawanda
| Metric | North Tonawanda | New York Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.488 | 0.557 | 0.552 |
| Male Median Income | $64,138 | $77,531 | $69,667 |
| Female Median Income | $52,462 | $67,892 | $56,850 |
| Gender Pay Gap | 18.2% | 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 North Tonawanda, it is 0.488, 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 22% more than women's income in North Tonawanda, New York. Over a 35-year career, a 22% wage gap accumulates to roughly $408,660 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in North Tonawanda, New York has widened from about 17% to 18% in 2024. Over that period the gap was widest at 24% in 2021. In dollar terms, the gap has widened by $4,407 since 2009.
Sharply against the trend: the pay gap in North Tonawanda widened by 1.1 points while New York's narrowed by 6.0 points.
Employment
| Metric | North Tonawanda | New York Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.8% | 6.4% | 5.2% |
| Working from Home | 14.5% | 15.0% | 15.0% |
| Commute time (minutes) | 20 | 28 | 22 |
Approximately 917 people are unemployed in North Tonawanda, New York.
The average commute time in North Tonawanda is 20 minutes, shorter than the 28 minutes in New York.
Unemployment Rate Over Time
Since 2011, the unemployment rate in North Tonawanda, New York has fallen from 6.8% to 5.8% in 2024. Over that period the rate peaked at 8.7% in 2013 and fell as low as 4.8% in 2019.
North Tonawanda, NY Wealth Compared With Nearby Cities
How North Tonawanda, 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. |
|---|---|---|---|---|---|
| North Tonawanda, NY | 30,183 | $68,418 #2/2 | 3.9%/yr #2/2 | 5.8% #2/2 | 0.488 #2/2 |
| Tonawanda Town, NY | 56,806 | $77,786 | 4.2%/yr | 3.5% | 0.476 |
Conclusion
Considering all these factors, North Tonawanda, New York has an overall wealth index grade of B, making it about on par with New York, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in North Tonawanda, New York.
How Rich Is North Tonawanda, New York?
North Tonawanda 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 $68,418, about 21% lower than the New York average of $86,556.
How fast is household income rising in North Tonawanda, New York?
Between 2009 and 2024, the median household income in North Tonawanda, New York rose 47%, from $46,640 to $68,418. Over the same years, income here lagged behind New York as a whole: +47% against +56%.
What was the median household income in North Tonawanda in 2023?
In 2023, the median household income in North Tonawanda, New York was $67,969, about the same as in 2022. The New York median that year was $85,199.
What was the median household income in North Tonawanda in 2020?
In 2020, the median household income in North Tonawanda, New York was $60,754. By 2024 it had risen 13% to $68,418.
What is the Gini coefficient in North Tonawanda, New York?
The Gini coefficient in North Tonawanda is 0.488. 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 North Tonawanda, New York?
Since 2009, the income gap between men and women in North Tonawanda, New York has widened from about 17% to 18% in 2024. Over that period the gap was widest at 24% in 2021. In dollar terms, the gap has widened by $4,407 since 2009.
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