Herkimer County, New York
Income Data
At a Glance
How Herkimer County Compares
Detailed Income Statistics
Data Story
About Household Income in Herkimer County, New York
Herkimer income below national average
Herkimer County's median household income of $68,858 ranks 7.9% below the national median of $74,755, placing it among lower-earning regions nationally. The $5,897 annual gap limits household savings and investment capacity.
Lower-mid tier in New York rankings
Herkimer County ranks 39th of 62 New York counties for median household income, trailing the state average of $76,433 by $7,575. Per capita income of $35,959 falls 12.5% below the state average, indicating less concentrated wealth distribution than some peers.
Mid-range regional earner
Herkimer's $68,858 sits between Fulton County ($62,615) and Genesee County ($72,055), with housing costs that advantage it over higher-priced neighbors. The county offers relative affordability compared to Greene and Hamilton.
Strong housing affordability advantage
Herkimer County boasts the lowest rent-to-income ratio (14.1%) among the eight counties surveyed, signaling exceptional rental affordability. Median home values of just $135,000 require roughly 2 years of median household income—the most accessible homeownership threshold in the group.
Affordability creates savings opportunity
Herkimer County's low housing costs free up household income for wealth building; residents can prioritize retirement contributions, education savings, or investment accounts. With below-average expenses, even modest income can compound meaningfully over time through disciplined saving.
Frequently Asked Questions
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County median: $68,858 per year
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Your monthly income ($5,738) vs. median rent ($811/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.