Richmond County, New York Income Statistics
Richmond 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.
-
B
Richmond County Around averageWealthier than 84% of counties in New York
Source: Map AI Methodology
Income Statistics Overview
| Metric | Richmond County | New York Avg | US Average |
|---|---|---|---|
| Median Household Income | $98,311 | $86,556 | $80,455 |
| Median Personal Income | $75,712 | $70,316 | $60,758 |
| Average Yearly Income Growth | 3.6% | 4.5% | 4.8% |
| Six-Figure Earners | 16.6% | 16.7% | 13.9% |
| $200k+ Households | 18.7% | 17.1% | 13.2% |
The median household income in Richmond County is about 14% higher than in New York. Income has been growing slower in Richmond County (3.6%/yr) than in New York (4.5%/yr).
About 17% of adults in Richmond County earn six figures ($100,000 or more) a year, about the same as the New York average of 17%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Richmond County, New York grew by 37.8% from 2009 to 2024, reaching $98,311 in 2024. That's an average of about 3.6% per year.
Income Inequality and the Gender Pay Gap in Richmond County
| Metric | Richmond County | New York Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.571 | 0.557 | 0.552 |
| Male Median Income | $82,726 | $77,531 | $69,667 |
| Female Median Income | $71,117 | $67,892 | $56,850 |
| Gender Pay Gap | 14.0% | 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 Richmond County, it is 0.571, 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 16% more than women's income in Richmond County, New York. Over a 35-year career, a 16% wage gap accumulates to roughly $406,315 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Richmond County, New York has narrowed from about 20% to 14% in 2024. Over that period the gap was widest at 20% in 2018, and was narrowest at 14% in 2023. In dollar terms, the gap has narrowed by $782 since 2009.
Employment
| Metric | Richmond County | New York Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.6% | 6.4% | 5.2% |
| Working from Home | 10.7% | 15.0% | 15.0% |
| Commute time (minutes) | 35 | 28 | 22 |
Approximately 13,351 people are unemployed in Richmond County, New York.
The average commute time in Richmond County is 35 minutes, longer than the 28 minutes in New York.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Richmond County, New York has fallen from 6.8% to 5.6% in 2024. Over that period the rate peaked at 7.9% in 2013 and fell as low as 4.6% in 2019.
Richmond County, NY Wealth Compared With Nearby Counties
Richmond County, NY is the smallest of the 6 counties compared here, 494,794 residents against a local median of 861,155. Richmond County, NY's income growth, at 3.6%/yr, runs 27% below the 5.0%/yr typical of the counties around it. That is the weaker end of the local range on this measure.
Unemployment tells the same story from another angle: 5.6% against a local median of 7.6%, 27% below it. The picture is mixed rather than uniform: unemployment runs ahead of the neighbourhood while income growth runs behind it, so Richmond County, NY is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 1.8%/yr on income growth, so Richmond County, NY sits at one end of an already wide local range rather than apart from it. Richmond County, NY has the 6th highest income growth 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. |
|---|---|---|---|---|---|
| Richmond County, NY | 494,794 | $98,311 #3/6 | 3.6%/yr #6/6 | 5.6% #1/6 | 0.571 #4/6 |
| Hudson County, NJ | 717,070 | $92,989 | 5.4%/yr | 6.0% | 0.554 |
| Union County, NJ | 578,268 | $104,008 | 5.0%/yr | 6.5% | 0.548 |
| Kings County, NY | 2,630,245 | $80,565 | 5.9%/yr | 7.9% | 0.577 |
| Essex County, NJ | 861,155 | $81,239 | 5.0%/yr | 8.7% | 0.578 |
| New York County, NY | 1,628,057 | $105,051 | 4.2%/yr | 7.6% | 0.533 |
Conclusion
Considering all these factors, Richmond 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 Richmond County, New York.
How Rich Is Richmond County, New York?
Richmond 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 $98,311, about 14% higher than the New York average of $86,556.
How has median household income changed in Richmond County, New York?
Between 2009 and 2024, the median household income in Richmond County, New York rose 38%, from $71,359 to $98,311. Over the same years, income here lagged behind New York as a whole: +38% against +56%.
What was the median household income in Richmond County in 2023?
In 2023, the median household income in Richmond County, New York was $98,766, up 2% from $96,755 in 2022. The New York median that year was $85,199.
What was the median household income in Richmond County in 2020?
In 2020, the median household income in Richmond County, New York was $86,335. By 2024 it had risen 14% to $98,311.
What is the Gini coefficient in Richmond County, New York?
The Gini coefficient in Richmond County is 0.571. 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 Richmond County, New York?
Since 2009, the income gap between men and women in Richmond County, New York has narrowed from about 20% to 14% in 2024. Over that period the gap was widest at 20% in 2018, and was narrowest at 14% in 2023. In dollar terms, the gap has narrowed by $782 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →