Tonawanda Town, New York Income Statistics
Tonawanda Town 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.
-
B
Tonawanda Town Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Tonawanda Town | New York Avg | US Average |
|---|---|---|---|
| Median Household Income | $77,786 | $86,556 | $80,455 |
| Median Personal Income | $60,590 | $70,316 | $60,758 |
| Average Yearly Income Growth | 4.2% | 4.5% | 4.8% |
| Six-Figure Earners | 10.8% | 16.7% | 13.9% |
| $200k+ Households | 6.6% | 17.1% | 13.2% |
The median household income in Tonawanda Town is about 10% lower than in New York. Income has been growing slower in Tonawanda Town (4.2%/yr) than in New York (4.5%/yr).
About 11% of adults in Tonawanda Town 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 Tonawanda Town, New York grew by 66.4% from 2009 to 2024, reaching $77,786 in 2024. That's an average of about 4.2% per year.
Income Inequality and the Gender Pay Gap in Tonawanda Town
| Metric | Tonawanda Town | New York Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.476 | 0.557 | 0.552 |
| Male Median Income | $69,739 | $77,531 | $69,667 |
| Female Median Income | $58,647 | $67,892 | $56,850 |
| Gender Pay Gap | 15.9% | 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 Tonawanda Town, it is 0.476, 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 19% more than women's income in Tonawanda Town, New York. Over a 35-year career, a 19% wage gap accumulates to roughly $388,220 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Tonawanda Town, New York has narrowed from about 19% to 16% in 2024. Over that period the gap was widest at 21% in 2019. In dollar terms, the gap has widened by $2,380 since 2009.
Employment
| Metric | Tonawanda Town | New York Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.5% | 6.4% | 5.2% |
| Working from Home | 14.1% | 15.0% | 15.0% |
| Commute time (minutes) | 20 | 28 | 22 |
Approximately 1,104 people are unemployed in Tonawanda Town, New York.
The average commute time in Tonawanda Town is 20 minutes, shorter than the 28 minutes in New York.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Tonawanda Town, New York has fallen from 6.4% to 3.5% in 2024. Over that period the rate fell as low as 2.9% in 2017.
Tonawanda Town, NY Wealth Compared With Nearby Cities
How Tonawanda Town, 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. |
|---|---|---|---|---|---|
| Tonawanda Town, NY | 56,806 | $77,786 #1/2 | 4.2%/yr #1/2 | 3.5% #1/2 | 0.476 #1/2 |
| North Tonawanda, NY | 30,183 | $68,418 | 3.9%/yr | 5.8% | 0.488 |
Conclusion
Considering all these factors, Tonawanda Town, 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 Tonawanda Town, New York.
How Rich Is Tonawanda Town, New York?
Tonawanda Town 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 $77,786, about 10% lower than the New York average of $86,556.
How has median household income changed in Tonawanda Town, New York?
Between 2009 and 2024, the median household income in Tonawanda Town, New York rose 66%, from $46,741 to $77,786. Over the same years, income here outpaced New York as a whole: +66% against +56%.
What was the median household income in Tonawanda Town in 2023?
In 2023, the median household income in Tonawanda Town, New York was $76,482, up 3% from $74,369 in 2022. The New York median that year was $85,199.
What was the median household income in Tonawanda Town in 2020?
In 2020, the median household income in Tonawanda Town, New York was $62,599. By 2024 it had risen 24% to $77,786.
Is it hard to find a job in Tonawanda Town, New York?
Unemployment in Tonawanda Town, New York is only 3.5%, 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 Tonawanda Town, New York?
The Gini coefficient in Tonawanda Town is 0.476. 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 Tonawanda Town, New York?
Since 2009, the income gap between men and women in Tonawanda Town, New York has narrowed from about 19% to 16% in 2024. Over that period the gap was widest at 21% in 2019. In dollar terms, the gap has widened by $2,380 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 →