What does this measure?
Median household income, inflated to 2016 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 2012-16, median household income in the region was $54,100, below the national average of $55,300 and below the statewide average of $60,700. Median income has decreased in the region, state, and nation from 2000 (down by 13%, 3%, and 9% respectively). The relative income levels between the state, nation, and region changed from 2007-11 to 2012-16: in 2007-11, the national and regional rates were similar, while in 2012-16 the gaps widen and both fall below the state rate.
Among local counties, Ontario had the highest median income, at $58,100, and Orleans had the lowest, at $48,700. Wayne and Monroe experienced the steepest declines in income from 2000 through 2012-16 (down by 19% and 17%, respectively), while Yates was the only county where the income growth was flat. Wayne had the largest decrease from 2007-11 to 2012-16 in the region (down by 11%). The City of Rochester had a median income of $31,700 in 2012-16, substantially lower than every county in the region, and experienced a 19% decline from 2000 through 2012-16.
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 2016 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 the fourth quarter.
|NYS (excluding NYC)||$68,454||$65,309||$64,105|
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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