Graph and download economic data for Real Median Household Income in New York (MEHOINUSNYA672N) from 1984 to 2024 about NY, households, median, income, real, 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.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Amherst, 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 18,852, while the mean income for the highest quintile (20% of households with the highest income) is 296,153. This indicates that the top earners earn 16 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 495,426, which is 167.29% higher compared to the highest quintile, and 2627.98% 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 Amherst town median household income. You can refer the same here

IntroductionOur study explores how New York City (NYC) communities of various socioeconomic strata were uniquely impacted by the COVID-19 pandemic.MethodsNew York City ZIP codes were stratified into three bins by median income: high-income, middle-income, and low-income. Case, hospitalization, and death rates obtained from NYCHealth were compared for the period between March 2020 and April 2022.ResultsCOVID-19 transmission rates among high-income populations during off-peak waves were higher than transmission rates among low-income populations. Hospitalization rates among low-income populations were higher during off-peak waves despite a lower transmission rate. Death rates during both off-peak and peak waves were higher for low-income ZIP codes.DiscussionThis study presents evidence that while high-income areas had higher transmission rates during off-peak periods, low-income areas suffered greater adverse outcomes in terms of hospitalization and death rates. The importance of this study is that it focuses on the social inequalities that were amplified by the pandemic.

In 2024, the median household income in the United States was 83,730 U.S. dollars. This reflected an increase from the previous year. Household income The 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 varied from state to state. In 2024, Massachusetts recorded the highest median household income in the country, at 113,900 U.S. dollars. On the other hand, Mississippi, recorded the lowest, at 55,980 U.S. dollars.Household income is also used to determine the poverty rate in the United States. In 2024, 10.6 percent of the U.S. population was living below the national poverty line. This was the lowest level since 2019. Similarly, the child poverty rate, which represents people under the age of 18 living in poverty, reached a three-decade low of 14.3 percent of the children. The state with the widest gap between the rich and the poor was New York, with a Gini coefficient score of 0.52 in 2024. The Gini coefficient is calculated by looking at average income rates. A score of zero would reflect perfect income equality, while a score of one indicates complete inequality.

This poll, fielded April 1-5, 2009, is a part of a continuing series of monthly surveys that solicit public opinion on the presidency and on a range of other political and social issues. Respondents were asked whether they approved of the way Barack Obama was handling the presidency and issues such as the economy and foreign policy. A series of questions addressed the Obama Administration's approach to solving economic problems and whether the administration's policies favored the rich, the middle class, or the poor. Respondents gave their opinions of First Lady Michelle Obama, the United States Congress, the Republican and Democratic parties, and whether President Obama or the Republicans in Congress were more likely to make the right decisions about the national economy and national security. Views were sought on President Obama's proposed budget plan, including changes in federal income taxes and government spending, and proposals to give financial assistance to the banking and automotive industries. A series of questions addressed the condition of the national economy, the most important economic problem facing the nation, the financial situation of the respondent's household, and how the recession was affecting their life. Respondents compared their current standard of living with that of their parents at the same age and gave their expectations about the standard of living of their children. Other questions asked respondents what the phrase "American dream" meant to them and whether they had achieved the "American dream" or expected to in their lifetime. Additional topics addressed the bonuses given to AIG insurance company executives, the wars in Iraq and Afghanistan, international trade, health insurance coverage, and government spending on cancer research. Demographic variables include sex, age, race, education level, marital status, household income, employment status, perceived social class, political party affiliation, political philosophy, voter registration status and participation history, religious preference, whether respondents had children under the age of 18 years, and whether respondents considered themselves to be a born-again Christian.

Inequality remains woven into America’s economic fabric, fuelling public debate and shaping politics. In 2024, the richest fifth of U.S. households captured more than half of national income, while the poorest secured a just 3.1 percent. This stark contrast highlights the concentration of wealth among high-income households. Measuring income inequality The Gini coefficient, a standard measure of income inequality, has steadily risen over the past three decades. In 1990, the Gini coefficient for households in the United States stood at 0.43, but by 2024 it had increased to 0.49. This upward trend indicates a growing gap between the rich and poor. Among state, the District of Columbia and New York exhibited the greatest income inequality. Utah, on the other hand, recorded the smallest wealth gap. Income inequality across demographics Income disparities are also drawn along ethnic and racial lines. In 2024, Asian households in the United States had the highest median annual income, followed by White households. Black Americans and American Indian and Alaska Native families had comparatively lower household incomes. The overall median income for U.S. households reached nearly 84,000 U.S. dollars that year. These figures highlight the persistent economic gaps among various racial and ethnic groups in America.

This poll, fielded December 3-6, 1995 is part of a continuing series of monthly surveys that solicit public opinion on the presidency and on a range of other political and social issues. Respondents were asked whether they approved of the way Bill Clinton was handling his job as president, and rated the condition of the national economy, whether they were getting ahead financially, and how easy it was for someone in their community to get a good job. Opinions were solicited about which political party would be better at handling issues such as unemployment and the country's prosperity, and whether there was a need for a new third political party. Respondents were queried about their economic and job insecurities, including saving for retirement, making cut-backs in day-to-day spending, and the possibility of being out of work in the following year. Respondents who were currently employed were asked whether they or a household member had been forced to work less hours, accept a reduction in pay, or find an extra job in the past three years. A series of questions asked respondents about their experiences with job layoffs in the past 15 years, as well as the experiences of other household members, and respondents not in the labor market were asked a variety a questions about what they would do to increase their chances of keeping a job. Additional questions addressed job satisfaction, company and worker loyalty, the general feelings of workers in the workplace, where blame should be placed for the loss of jobs in the country, whether the loss of jobs was a temporary problem, and whether the government could and should do something about the lay-offs. Information was also collected on whether respondents considered themselves part of the religious right movement, whether they listened to political call-in radio shows, which social class best described them, and whether they felt at risk of falling out of the middle class. Additional topics included sending peace-keeping troops to Bosnia, immigration, government responsibilities, national health care insurance, charity contributions, and volunteer work. Demographic variables include sex, race, age, employment status, occupation, frequency of religious attendance, household income, education level, marital status, household union membership, political party affiliation, political philosophy, voter participation history and registration status, whether respondents had any children under the age of 18, and type of residential area (e.g., urban or rural).