Graph and download economic data for Real Median Household Income in New York (MEHOINUSNYA672N) from 1984 to 2023 about NY, households, median, income, real, and USA.

In 2023, the median household income in New York amounted to 81,600 U.S. dollars. This is an increase from the previous year, when the median household income in the state amounted to 75,910 U.S. dollars. The median household income for the United States can be accessed here.

Graph and download economic data for Estimate of Median Household Income for New York County, NY (MHINY36061A052NCEN) from 1989 to 2023 about New York County, NY; New York; NY; households; median; income; and USA.

In 2023, the average annual pay of employees in New York totaled to 92,024 U.S. dollars. This is a significant increase from 2001 levels, when the average annual pay of employees was 46,727 U.S. dollars.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in New York County. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in New York County. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2023

In terms of income distribution across age cohorts, in New York County, householders within the 25 to 44 years age group have the highest median household income at $142,633, followed by those in the 45 to 64 years age group with an income of $105,730. Meanwhile householders within the under 25 years age group report the second lowest median household income of $71,128. Notably, householders within the 65 years and over age group, had the lowest median household income at $57,475.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific age group

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for New York County median household income by age. You can refer the same here

Graph and download economic data for Estimate of Median Household Income for Kings County, NY (MHINY36047A052NCEN) from 1989 to 2023 about Kings County, NY; New York; NY; households; median; income; and USA.

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in New York County: Under 25 years, 25-44 years, 45-64 years, and over 65 years. The dataset highlights the variation in household income, offering valuable insights into economic trends and disparities within different age categories, aiding in data analysis and decision-making..

Key observations

• Upon closer examination of the distribution of households among age brackets, it reveals that there are 25,551(3.30%) households where the householder is under 25 years old, 304,498(39.27%) households with a householder aged between 25 and 44 years, 241,081(31.09%) households with a householder aged between 45 and 64 years, and 204,246(26.34%) households where the householder is over 65 years old.
• In New York County, the age group of 25 to 44 years stands out with both the highest median income and the maximum share of households. This alignment suggests a financially stable demographic, indicating an established community with stable careers and higher incomes.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income brackets:

• Less than $10,000
• $10,000 to $14,999
• $15,000 to $19,999
• $20,000 to $24,999
• $25,000 to $29,999
• $30,000 to $34,999
• $35,000 to $39,999
• $40,000 to $44,999
• $45,000 to $49,999
• $50,000 to $59,999
• $60,000 to $74,999
• $75,000 to $99,999
• $100,000 to $124,999
• $125,000 to $149,999
• $150,000 to $199,999
• $200,000 or more

Variables / Data Columns

• Household Income: This column showcases 16 income brackets ranging from Under $10,000 to $200,000+ ( As mentioned above).
• Under 25 years: The count of households led by a head of household under 25 years old with income within a specified income bracket.
• 25 to 44 years: The count of households led by a head of household 25 to 44 years old with income within a specified income bracket.
• 45 to 64 years: The count of households led by a head of household 45 to 64 years old with income within a specified income bracket.
• 65 years and over: The count of households led by a head of household 65 years and over old with income within a specified income bracket.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for New York County median household income by age. You can refer the same here

In 2023, the per capita personal income in New York was 82,323 U.S. dollars. Per capita personal income is calculated as the personal income of the residents of a given area divided by the resident population of the area.

Graph and download economic data for Estimate of Median Household Income for Wayne County, NY (MHINY36117A052NCEN) from 1989 to 2023 about Wayne County, NY; Rochester; NY; households; median; income; and USA.

This statistic shows the median household income in the United States from 1990 to 2023 in 2023 U.S. dollars. The median household income was 80,610 U.S. dollars in 2023, an increase from the previous year. Household incomeThe median household income depicts the income of households, including the income of the householder and all other individuals aged 15 years or over living in the household. Income includes wages and salaries, unemployment insurance, disability payments, child support payments received, regular rental receipts, as well as any personal business, investment, or other kinds of income received routinely. The median household income in the United States varies from state to state. In 2020, the median household income was 86,725 U.S. dollars in Massachusetts, while the median household income in Mississippi was approximately 44,966 U.S. dollars at that time. Household income is also used to determine the poverty line in the United States. In 2021, about 11.6 percent of the U.S. population was living in poverty. The child poverty rate, which represents people under the age of 18 living in poverty, has been growing steadily over the first decade since the turn of the century, from 16.2 percent of the children living below the poverty line in year 2000 to 22 percent in 2010. In 2021, it had lowered to 15.3 percent. The state with the widest gap between the rich and the poor was New York, with a Gini coefficient score of 0.51 in 2019. The Gini coefficient is calculated by looking at average income rates. A score of zero would reflect perfect income equality and a score of one indicates a society where one person would have all the money and all other people have nothing.

Graph and download economic data for Estimate of Median Household Income for Orange County, NY (MHINY36071A052NCEN) from 1989 to 2023 about Orange County, NY; Poughkeepsie; NY; households; median; income; and USA.

About this dataset

Context

The dataset tabulates the median household income in New York. It can be utilized to understand the trend in median household income and to analyze the income distribution in New York by household type, size, and across various income brackets.

Content

The dataset will have the following datasets when applicable

Please note: The 2020 1-Year ACS estimates data was not reported by the Census Bureau due to the impact on survey collection and analysis caused by COVID-19. Consequently, median household income data for 2020 is unavailable for large cities (population 65,000 and above).

• New York, NY Median Household Income Trends (2010-2021, in 2022 inflation-adjusted dollars)
• Median Household Income Variation by Family Size in New York, NY: Comparative analysis across 7 household sizes
• Income Distribution by Quintile: Mean Household Income in New York, NY
• New York, NY households by income brackets: family, non-family, and total, in 2022 inflation-adjusted dollars

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Interested in deeper insights and visual analysis?

Explore our comprehensive data analysis and visual representations for a deeper understanding of New York median household income. You can refer the same here

Graph and download economic data for Estimate of Median Household Income for Monroe County, NY (MHINY36055A052NCEN) from 1989 to 2023 about Monroe County, NY; Rochester; NY; households; median; income; and USA.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Esopus, New York, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 14,081, while the mean income for the highest quintile (20% of households with the highest income) is 292,514. This indicates that the top earners earn 21 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 508,678, which is 173.90% higher compared to the highest quintile, and 3612.51% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2023 inflation-adjusted dollars for the specific income level.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Esopus town median household income. You can refer the same here

Graph and download economic data for 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Steuben County, NY (MHICILBNY36101A052NCEN) from 1989 to 2023 about Steuben County, NY; NY; households; median; income; and USA.

Graph and download economic data for Estimate of Median Household Income for Richmond County, NY (MHINY36085A052NCEN) from 1989 to 2023 about Richmond County, NY; New York; NY; households; median; income; and USA.

A dataset listing the richest zip codes in New York per the most current US Census data, including information on rank and average income.

In 2023, the per capita disposable personal income in New York stood at 68,435 U.S. dollars. This was a significant increase from the previous year, when the per capita disposable personal income in the state was 62,031 U.S. dollars.

About this dataset

Context

The dataset presents the median household incomes over the past decade across various racial categories identified by the U.S. Census Bureau in New York County. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. It also showcases the annual income trends, between 2013 and 2023, providing insights into the economic shifts within diverse racial communities.The dataset can be utilized to gain insights into income disparities and variations across racial categories, aiding in data analysis and decision-making..

Key observations

• White: In New York County, the median household income for the households where the householder is White increased by $21,619(17.36%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $124,539 in 2013 and $146,158 in 2023.
• Black or African American: In New York County, the median household income for the households where the householder is Black or African American increased by $2,803(6.44%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $43,498 in 2013 and $46,301 in 2023.
• Refer to the research insights for more key observations on American Indian and Alaska Native, Asian, Native Hawaiian and Other Pacific Islander, Some other race and Two or more races (multiracial) households

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in New York County.
• 2010: 2010 median household income
• 2011: 2011 median household income
• 2012: 2012 median household income
• 2013: 2013 median household income
• 2014: 2014 median household income
• 2015: 2015 median household income
• 2016: 2016 median household income
• 2017: 2017 median household income
• 2018: 2018 median household income
• 2019: 2019 median household income
• 2020: 2020 median household income
• 2021: 2021 median household income
• 2022: 2022 median household income
• 2023: 2023 median household income
• Please note: All incomes have been adjusted for inflation and are presented in 2023-inflation-adjusted dollars.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for New York County median household income by race. You can refer the same here

Graph and download economic data for Estimate of Median Household Income for Madison County, NY (MHINY36053A052NCEN) from 1989 to 2023 about Madison County, NY; Syracuse; NY; households; median; income; and USA.