What does this measure?
Median household income, inflated to 2018 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 2014-18, median household income in the region was $57,350, below the national median of $60,300 and below the statewide median of $65,320. Since 2000, median income decreased in the region 12% after adjusting for inflation. The state had no change and the nation declined at a smaller rate (5%) over the same period. Since 2009-13, the state and national rates increased by 4% and 5%, while the region's rate increased by 2%.
Among local counties, Ontario had the highest median income, at $63,400, and Orleans had the lowest, at $51,800. Wayne and Monroe experienced the steepest declines in income from 2000 through 2014-18 (down by 16% and 15%, respectively), while Yates was the only county where the income grew modestly (4%). Most counties had an increase from 2009-13 to 2014-18, with Genesee having the largest in the region (10%).
The City of Rochester had a median income of $33,400 in 2014-18, substantially lower than every county in the region, and down 18% since 2000. Median income was higher than Rochester in Geneva ($40,200), Batavia ($48,200) and Canandaigua ($49,200).
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 2018 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)||$71,620||$66,871||$68,465|
Notes: Figures in 2018 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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