Rotterdam, New York Income Statistics
Rotterdam 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
Rotterdam Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Rotterdam | New York Avg | US Average |
|---|---|---|---|
| Median Household Income | $85,479 | $86,556 | $80,455 |
| Median Personal Income | $60,631 | $70,316 | $60,758 |
| Average Yearly Income Growth | 3.9% | 4.5% | 4.8% |
| Six-Figure Earners | 9.4% | 16.7% | 13.9% |
| $200k+ Households | 5.5% | 17.1% | 13.2% |
The median household income in Rotterdam is about 1% lower than in New York. Income has been growing slower in Rotterdam (3.9%/yr) than in New York (4.5%/yr).
About 9% of adults in Rotterdam 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 Rotterdam, New York grew by 54.0% from 2009 to 2024, reaching $85,479 in 2024. That's an average of about 3.9% per year.
Income Inequality and the Gender Pay Gap in Rotterdam
| Metric | Rotterdam | New York Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.455 | 0.557 | 0.552 |
| Male Median Income | $71,490 | $77,531 | $69,667 |
| Female Median Income | $60,718 | $67,892 | $56,850 |
| Gender Pay Gap | 15.1% | 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 Rotterdam, it is 0.455, 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 18% more than women's income in Rotterdam, New York. Over a 35-year career, a 18% wage gap accumulates to roughly $377,020 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Rotterdam, New York has narrowed from about 24% to 15% in 2024. Over that period the gap was widest at 27% in 2010, and was narrowest at 1% in 2015. In dollar terms, the gap has narrowed by $1,284 since 2009.
Employment
| Metric | Rotterdam | New York Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.3% | 6.4% | 5.2% |
| Working from Home | 15.3% | 15.0% | 15.0% |
| Commute time (minutes) | 21 | 28 | 22 |
Approximately 383 people are unemployed in Rotterdam, New York.
The average commute time in Rotterdam is 21 minutes, shorter than the 28 minutes in New York.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Rotterdam, New York has fallen from 6.7% to 3.3% in 2024. Over that period the rate peaked at 7.9% in 2013 and fell as low as 3.1% in 2022.
Rotterdam, NY Wealth Compared With Nearby Cities
How Rotterdam, NY compares with the 2 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. |
|---|---|---|---|---|---|
| Rotterdam, NY | 21,779 | $85,479 #2/3 | 3.9%/yr #3/3 | 3.3% #2/3 | 0.455 #1/3 |
| Schenectady, NY | 68,515 | $57,874 | 4.3%/yr | 8.8% | 0.562 |
| Niskayuna, NY | 20,872 | $135,541 | 4.2%/yr | 2.9% | 0.478 |
Conclusion
Considering all these factors, Rotterdam, 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 Rotterdam, New York.
How Rich Is Rotterdam, New York?
Rotterdam 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 $85,479, about 1% lower than the New York average of $86,556.
How fast is household income rising in Rotterdam, New York?
Between 2009 and 2024, the median household income in Rotterdam, New York rose 54%, from $55,521 to $85,479. Over the same years, income here lagged behind New York as a whole: +54% against +56%.
What was the median household income in Rotterdam in 2023?
In 2023, the median household income in Rotterdam, New York was $83,194, up 3% from $80,876 in 2022. The New York median that year was $85,199.
What was the median household income in Rotterdam in 2020?
In 2020, the median household income in Rotterdam, New York was $70,738. By 2024 it had risen 21% to $85,479.
Is it hard to find a job in Rotterdam, New York?
Unemployment in Rotterdam, New York is only 3.3%, well below the New York rate of 6.4%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Rotterdam, New York?
The Gini coefficient in Rotterdam is 0.455. 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 Rotterdam, New York?
Since 2009, the income gap between men and women in Rotterdam, New York has narrowed from about 24% to 15% in 2024. Over that period the gap was widest at 27% in 2010, and was narrowest at 1% in 2015. In dollar terms, the gap has narrowed by $1,284 since 2009.
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