Chenango County, New York
Income Data
At a Glance
How Chenango County Compares
Detailed Income Statistics
Data Story
About Household Income in Chenango County, New York
Chenango earns 17% below the nation
Chenango County's median household income of $62,093 falls significantly short of the national median of $74,755, a gap of $12,662. This places the county in the lower tier of American counties, where income growth has been slower than the national average.
Below average for New York
At $62,093, Chenango's median household income ranks below New York State's average of $76,433, putting it in the bottom third of the state's 62 counties. The $14,340 gap reflects the county's more rural character and smaller job market compared to the state's urban centers.
The most affordable corner of upstate
Chenango's $62,093 median income sits below neighboring Cortland ($67,527) and Broome (state average reference), but its median home value of $128,100 is the lowest in the region. This affordability—paired with a 15.8% rent-to-income ratio—makes housing genuinely accessible for working families here.
Income stretches with low housing costs
A rent-to-income ratio of 15.8% means Chenango households spend well under the national benchmark of 30% on rent, leaving more money for savings and essentials. While median income lags the state, the county's low cost of living—especially housing—makes the median income go further than the numbers suggest.
Build wealth with smart money moves
With $62,093 in median household income and housing costs that don't drain your budget, Chenango residents have a real opportunity to invest in retirement and savings accounts. Start by setting aside 20% of your income in a high-yield savings account or 401(k)—your low housing burden makes this goal achievable.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Chenango County median
County median: $62,093 per year
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vs. State Average
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vs. National Median
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Your monthly income ($5,174) vs. median rent ($819/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.