Valley Stream, New York Income Statistics
Valley Stream 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.
-
A
Valley Stream Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Valley Stream | New York Avg | US Average |
|---|---|---|---|
| Median Household Income | $132,043 | $86,556 | $80,455 |
| Median Personal Income | $72,519 | $70,316 | $60,758 |
| Average Yearly Income Growth | 4.2% | 4.5% | 4.8% |
| Six-Figure Earners | 20.7% | 16.7% | 13.9% |
| $200k+ Households | 26.9% | 17.1% | 13.2% |
The median household income in Valley Stream is about 53% higher than in New York. Income has been growing slower in Valley Stream (4.2%/yr) than in New York (4.5%/yr).
About 21% of adults in Valley Stream earn six figures ($100,000 or more) a year, higher than the New York average of 17%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Valley Stream, New York grew by 60.9% from 2009 to 2024, reaching $132,043 in 2024. That's an average of about 4.2% per year.
Income Inequality and the Gender Pay Gap in Valley Stream
| Metric | Valley Stream | New York Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.543 | 0.557 | 0.552 |
| Male Median Income | $81,794 | $77,531 | $69,667 |
| Female Median Income | $75,519 | $67,892 | $56,850 |
| Gender Pay Gap | 7.7% | 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 Valley Stream, it is 0.543, 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 8% more than women's income in Valley Stream, New York. Over a 35-year career, a 8% wage gap accumulates to roughly $219,625 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Valley Stream, New York has narrowed from about 13% to 8% in 2024. Over that period the gap was widest at 17% in 2014, and in 2020 women out-earned men by 2%. In dollar terms, the gap has narrowed by $1,259 since 2009.
Employment
| Metric | Valley Stream | New York Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.8% | 6.4% | 5.2% |
| Working from Home | 12.4% | 15.0% | 15.0% |
| Commute time (minutes) | 35 | 28 | 22 |
Approximately 630 people are unemployed in Valley Stream, New York.
The average commute time in Valley Stream is 35 minutes, longer than the 28 minutes in New York.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Valley Stream, New York has fallen from 8.6% to 2.8% in 2024. Over that period the rate peaked at 10.8% in 2013.
Valley Stream, NY Wealth Compared With Nearby Cities
How Valley Stream, 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. |
|---|---|---|---|---|---|
| Valley Stream, NY | 40,315 | $132,043 #2/2 | 4.2%/yr #2/2 | 2.8% #1/2 | 0.543 #2/2 |
| Lynbrook, NY | 20,100 | $134,131 | 6.0%/yr | 4.5% | 0.536 |
Conclusion
Considering all these factors, Valley Stream, New York has an overall wealth index grade of A, making it somewhat better than New York, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Valley Stream, New York.
How Rich Is Valley Stream, New York?
Valley Stream has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $132,043, about 53% higher than the New York average of $86,556.
How fast is household income rising in Valley Stream, New York?
Between 2009 and 2024, the median household income in Valley Stream, New York rose 61%, from $82,077 to $132,043. Over the same years, income here outpaced New York as a whole: +61% against +56%.
What was the median household income in Valley Stream in 2023?
In 2023, the median household income in Valley Stream, New York was $127,300, up 4% from $122,924 in 2022. The New York median that year was $85,199.
What was the median household income in Valley Stream in 2020?
In 2020, the median household income in Valley Stream, New York was $114,907. By 2024 it had risen 15% to $132,043.
Is it hard to find a job in Valley Stream, New York?
Unemployment in Valley Stream, New York is only 2.8%, 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 Valley Stream, New York?
The Gini coefficient in Valley Stream is 0.543. 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 Valley Stream, New York?
Since 2009, the income gap between men and women in Valley Stream, New York has narrowed from about 13% to 8% in 2024. Over that period the gap was widest at 17% in 2014, and in 2020 women out-earned men by 2%. In dollar terms, the gap has narrowed by $1,259 since 2009.
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