Peekskill, New York Income Statistics
Peekskill 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
Peekskill Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Peekskill | New York Avg | US Average |
|---|---|---|---|
| Median Household Income | $86,258 | $86,556 | $80,455 |
| Median Personal Income | $61,475 | $70,316 | $60,758 |
| Average Yearly Income Growth | 5.6% | 4.5% | 4.8% |
| Six-Figure Earners | 15.0% | 16.7% | 13.9% |
| $200k+ Households | 14.2% | 17.1% | 13.2% |
The median household income in Peekskill is about the same as in New York. Income has been growing faster in Peekskill (5.6%/yr) than in New York (4.5%/yr).
About 15% of adults in Peekskill 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 Peekskill, New York grew by 46.3% from 2009 to 2024, reaching $86,258 in 2024. That's an average of about 5.6% per year.
Income Inequality and the Gender Pay Gap in Peekskill
| Metric | Peekskill | New York Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.541 | 0.557 | 0.552 |
| Male Median Income | $63,846 | $77,531 | $69,667 |
| Female Median Income | $76,291 | $67,892 | $56,850 |
| Gender Pay Gap | -19.5% | 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 Peekskill, it is 0.541, 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 19% more than men's income in Peekskill, New York. Over a 35-year career, a 19% wage gap accumulates to roughly $435,575 in unearned income for male workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Peekskill, New York has widened from about -7% to -19% in 2024. Over that period the gap was widest at 28% in 2019. In dollar terms, the gap has narrowed by $9,567 since 2009.
Employment
| Metric | Peekskill | New York Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.7% | 6.4% | 5.2% |
| Working from Home | 10.4% | 15.0% | 15.0% |
| Commute time (minutes) | 33 | 28 | 22 |
Approximately 972 people are unemployed in Peekskill, New York.
The average commute time in Peekskill is 33 minutes, longer than the 28 minutes in New York.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Peekskill, New York has fallen from 10.2% to 6.7% in 2024. Over that period the rate peaked at 12.9% in 2014 and fell as low as 5.6% in 2019.
Conclusion
Considering all these factors, Peekskill, 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 Peekskill, New York.
How Rich Is Peekskill, New York?
Peekskill 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 $86,258, close to the New York average of $86,556.
How has median household income changed in Peekskill, New York?
Between 2009 and 2024, the median household income in Peekskill, New York rose 46%, from $58,976 to $86,258. Over the same years, income here lagged behind New York as a whole: +46% against +56%.
What was the median household income in Peekskill in 2023?
In 2023, the median household income in Peekskill, New York was $90,487, up 3% from $87,930 in 2022. The New York median that year was $85,199.
What was the median household income in Peekskill in 2020?
In 2020, the median household income in Peekskill, New York was $63,895. By 2024 it had risen 35% to $86,258.
What is the Gini coefficient in Peekskill, New York?
The Gini coefficient in Peekskill is 0.541. 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 Peekskill, New York?
Since 2009, the income gap between men and women in Peekskill, New York has widened from about -7% to -19% in 2024. Over that period the gap was widest at 28% in 2019. In dollar terms, the gap has narrowed by $9,567 since 2009.
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