Allegany County, New York
Income Data
At a Glance
How Allegany County Compares
Detailed Income Statistics
Data Story
About Household Income in Allegany County, New York
Allegany's income trails the national benchmark
Allegany County's median household income of $61,233 falls $13,522 short of the U.S. median of $74,755, representing an 18% gap. This below-average income reflects the county's rural character and reliance on agriculture, manufacturing, and smaller-scale employment.
Among New York's lower-income counties
Allegany ranks in the lower half of New York State's 62 counties, with a median household income roughly $15,200 below the state average of $76,433. The county's per capita income of $30,016 lags the state average by $11,117, reflecting limited high-wage employment opportunities.
Allegany faces income headwinds in the region
Allegany's $61,233 median household income sits below most neighboring counties, including Cattaraugus ($58,248) and Chautauqua ($56,507), though it outpaces Bronx significantly. The income gap reflects Allegany's distance from major urban centers and limited access to high-paying professional sectors.
Affordability supports housing stability
Allegany's rent-to-income ratio of 14.8% is among the most favorable in the state, well below the 30% threshold, thanks to low median home values of $97,900. For renters and homebuyers, housing costs remain manageable relative to household earnings.
Build wealth despite income constraints
Even with below-average incomes, Allegany's low housing costs create an opportunity to save and invest surplus earnings. Focus on employer retirement plans, local investment in community assets, and skill development that could unlock higher-wage employment pathways.
Frequently Asked Questions
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Income Comparison Calculator
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County median: $61,233 per year
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Your monthly income ($5,103) vs. median rent ($754/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.