Broome County, New York
Income Data
At a Glance
How Broome County Compares
Detailed Income Statistics
Data Story
About Household Income in Broome County, New York
Broome income falls short of national median
Broome County's median household income of $61,059 lags the U.S. median of $74,755 by roughly $13,700, or 18%. This below-average performance reflects the county's transition away from manufacturing and reliance on smaller service and retail employers.
Broome struggles on New York's income ladder
Broome ranks in the lower-middle tier of New York State's 62 counties, with a median household income $15,374 below the state average of $76,433. The county's per capita income of $35,116 also trails the state average of $41,133 by roughly $6,000.
Broome outearns some upstate peers
Broome's $61,059 median household income exceeds Chautauqua ($56,507) and Cattaraugus ($58,248) but falls below Cayuga ($66,583) and Albany ($83,149). The county's position reflects its status as a moderate-income region dependent on education, healthcare, and small manufacturing.
Housing costs remain reasonably manageable
Broome's rent-to-income ratio of 18.0% stays comfortably below the 30% affordability threshold, making both renting and homeownership feasible for typical households. With a median home value of $145,100, the county offers balanced affordability relative to earning capacity.
Invest strategically in your financial future
Broome households with moderate incomes can still build wealth through consistent saving and smart investment choices, particularly given reasonable housing costs. Maximize employer retirement contributions, explore tax-advantaged savings accounts, and diversify investments to compound earnings over time.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Broome County median
County median: $61,059 per year
vs. County Median
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vs. State Average
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vs. National Median
-18%
Income Adequacy
Your monthly income ($5,088) vs. median rent ($914/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.