Ossining, New York Income Statistics
Ossining 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
Ossining Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Ossining | New York Avg | US Average |
|---|---|---|---|
| Median Household Income | $102,781 | $86,556 | $80,455 |
| Median Personal Income | $67,654 | $70,316 | $60,758 |
| Average Yearly Income Growth | 5.9% | 4.5% | 4.8% |
| Six-Figure Earners | 16.1% | 16.7% | 13.9% |
| $200k+ Households | 21.1% | 17.1% | 13.2% |
The median household income in Ossining is about 19% higher than in New York. Income has been growing faster in Ossining (5.9%/yr) than in New York (4.5%/yr).
About 16% of adults in Ossining 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 Ossining, New York grew by 48.2% from 2009 to 2024, reaching $102,781 in 2024. That's an average of about 5.9% per year.
Income Inequality and the Gender Pay Gap in Ossining
| Metric | Ossining | New York Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.572 | 0.557 | 0.552 |
| Male Median Income | $71,312 | $77,531 | $69,667 |
| Female Median Income | $76,451 | $67,892 | $56,850 |
| Gender Pay Gap | -7.2% | 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 Ossining, 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.
Women's income is about 7% more than men's income in Ossining, New York. Over a 35-year career, a 7% wage gap accumulates to roughly $179,865 in unearned income for male workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Ossining, New York has narrowed from about 9% to -7% in 2024. Over that period the gap in 2019 women out-earned men by 14%. In dollar terms, the gap has narrowed by $9,973 since 2009.
Employment
| Metric | Ossining | New York Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.0% | 6.4% | 5.2% |
| Working from Home | 14.8% | 15.0% | 15.0% |
| Commute time (minutes) | 30 | 28 | 22 |
Approximately 857 people are unemployed in Ossining, New York.
The average commute time in Ossining is 30 minutes, longer than the 28 minutes in New York.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Ossining, New York has fallen from 8.1% to 6.0% in 2024. Over that period the rate peaked at 9.3% in 2013 and fell as low as 2.5% in 2020.
Conclusion
Considering all these factors, Ossining, 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 Ossining, New York.
How Wealthy Is Ossining, New York?
Ossining 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 $102,781, about 19% higher than the New York average of $86,556.
Are incomes growing in Ossining, New York?
Between 2009 and 2024, the median household income in Ossining, New York rose 48%, from $69,355 to $102,781. Over the same years, income here lagged behind New York as a whole: +48% against +56%.
What was the median household income in Ossining in 2023?
In 2023, the median household income in Ossining, New York was $102,459, up 3% from $99,657 in 2022. The New York median that year was $85,199.
What was the median household income in Ossining in 2020?
In 2020, the median household income in Ossining, New York was $85,844. By 2024 it had risen 20% to $102,781.
What is the Gini coefficient in Ossining, New York?
The Gini coefficient in Ossining 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 Ossining, New York?
Since 2009, the income gap between men and women in Ossining, New York has narrowed from about 9% to -7% in 2024. Over that period the gap in 2019 women out-earned men by 14%. In dollar terms, the gap has narrowed by $9,973 since 2009.
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