Yonkers, New York Income Statistics
Yonkers 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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C
Yonkers Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Yonkers | New York Avg | US Average |
|---|---|---|---|
| Median Household Income | $83,367 | $86,556 | $80,455 |
| Median Personal Income | $68,846 | $70,316 | $60,758 |
| Average Yearly Income Growth | 3.9% | 4.5% | 4.8% |
| Six-Figure Earners | 15.2% | 16.7% | 13.9% |
| $200k+ Households | 15.3% | 17.1% | 13.2% |
The median household income in Yonkers is about 4% lower than in New York. Income has been growing slower in Yonkers (3.9%/yr) than in New York (4.5%/yr).
About 15% of adults in Yonkers 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 Yonkers, New York grew by 51.2% from 2009 to 2024, reaching $83,367 in 2024. That's an average of about 3.9% per year.
Income Inequality and the Gender Pay Gap in Yonkers
| Metric | Yonkers | New York Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.561 | 0.557 | 0.552 |
| Male Median Income | $73,956 | $77,531 | $69,667 |
| Female Median Income | $68,072 | $67,892 | $56,850 |
| Gender Pay Gap | 8.0% | 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 Yonkers, it is 0.561, about the same as New York's 0.557, so income here is about as evenly distributed as there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 9% more than women's income in Yonkers, New York. Over a 35-year career, a 9% wage gap accumulates to roughly $205,940 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Yonkers, New York has narrowed from about 14% to 8% in 2024. Over that period the gap was narrowest at 5% in 2012. In dollar terms, the gap has narrowed by $1,064 since 2009.
Employment
| Metric | Yonkers | New York Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 7.1% | 6.4% | 5.2% |
| Working from Home | 11.6% | 15.0% | 15.0% |
| Commute time (minutes) | 31 | 28 | 22 |
Approximately 7,920 people are unemployed in Yonkers, New York.
The average commute time in Yonkers is 31 minutes, longer than the 28 minutes in New York.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Yonkers, New York has fallen from 7.5% to 7.1% in 2024. Over that period the rate peaked at 9.5% in 2014 and fell as low as 6.6% in 2019.
Yonkers, NY Wealth Compared With Nearby Cities
How Yonkers, 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. |
|---|---|---|---|---|---|
| Yonkers, NY | 209,598 | $83,367 #1/2 | 3.9%/yr #2/2 | 7.1% #1/2 | 0.561 #2/2 |
| Mount Vernon, NY | 72,261 | $77,912 | 5.2%/yr | 9.2% | 0.549 |
Conclusion
Considering all these factors, Yonkers, New York has an overall wealth index grade of C, making it about on par with New York, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Yonkers, New York.
How Rich Is Yonkers, New York?
Yonkers has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $83,367, about 4% lower than the New York average of $86,556.
How has median household income changed in Yonkers, New York?
Between 2009 and 2024, the median household income in Yonkers, New York rose 51%, from $55,122 to $83,367. Over the same years, income here lagged behind New York as a whole: +51% against +56%.
What was the median household income in Yonkers in 2023?
In 2023, the median household income in Yonkers, New York was $81,286, up 4% from $77,875 in 2022. The New York median that year was $85,199.
What was the median household income in Yonkers in 2020?
In 2020, the median household income in Yonkers, New York was $70,053. By 2024 it had risen 19% to $83,367.
What is the Gini coefficient in Yonkers, New York?
The Gini coefficient in Yonkers is 0.561. 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 Yonkers, New York?
Since 2009, the income gap between men and women in Yonkers, New York has narrowed from about 14% to 8% in 2024. Over that period the gap was narrowest at 5% in 2012. In dollar terms, the gap has narrowed by $1,064 since 2009.
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