What does this measure?
Median household income, inflated to 2017 dollars. Half of incomes are below the median and half are above.
Why is this important?
Median household income is a gauge of overall economic health of the region and the financial resources of households.
How is our region performing?
In 2013-17, median household income in the region was $55,000, below the national median of $57,700 and below the statewide median of $62,800. Since 2000, median income decreased in the region 14% after adjusting for inflation, compared to much smaller declines at the state (2%) and national (7%) levels. Since 2008-12, the state and national rates increased slightly (both by 2%) while the region's rate declined slightly (also by 2%).
Among local counties, Ontario had the highest median income, at $61,700, and Orleans had the lowest, at $49,200. Wayne and Monroe experienced the steepest declines in income from 2000 through 2013-17 (down by 17% and 16%, respectively), while Yates was the only county where the income grew slightly (2%). Orleans had the largest decrease from 2008-12 to 2013-17 in the region (down by 8%).
The City of Rochester had a median income of $32,300 in 2013-17, substantially lower than every county in the region, and down 19% since 2000. Median income was higher than Rochester in Geneva ($40,900), Batavia ($44,300) and Canandaigua ($46,400).
Notes about the data
Figures for the region and surrounding counties were calculated by aggregating county medians based on each county's share of the region's population. Data are presented in 2017 dollars. The multi-year figures are from the Census Bureau's American Community Survey. The bureau combined five years of responses to the survey to provide estimates for smaller geographic areas and increase the precision of its estimates. The survey provides data on characteristics of the population that used to be collected only during the decennial census. Data for this indicator are expected to be released in December.
|NYS (excluding NYC)||$69,912||$66,001||$66,040|
Notes: Figures are in constant 2016 dollars. Multiyear results are from rolling American Community Survey. * Margin of error between 20% & 35% of estimate; ** margin of error between 35% & 50%; *** margin of error greater than 50%.
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