Richmond County, New York
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Richmond County Compares
Detailed Income Statistics
Income Advisory: Richmond County
Income Verdict
Richmond County has a median household income of $98,290 and per capita income of $44,368 — a gap of $53,922, indicating a strong family-earning economy with multiple earners per household.
Housing Affordability
With median gross rent at $1,689/month and a median household income of $98,290, rent consumes approximately 20.6% of monthly income — well within affordable thresholds.
Economic Context
The median household income of $98,290 places Richmond County in a high-earning tier, supporting strong purchasing power and above-average consumer spending. Per capita income of $44,368 is in line with national norms for individual earners.
Neighbor Context
Richmond County earns approximately 28.6% above the New York state median household income of $76,433, positioning it favorably within the state.
Data Story
About Household Income in Richmond County, New York
Richmond County's strong income advantage
Richmond County's median household income of $98,290 surpasses the national median of $74,755 by 31.5%, placing it well above typical American earnings. This 23-point advantage reflects Staten Island's growing professional workforce and proximity to New York's job centers.
Top-third income earner in New York
Richmond County ranks in the top third of New York's 62 counties with a median income $21,857 above the state average of $76,433. The per capita income of $44,368 remains solid and slightly above state average, showing broad-based earning power.
Strong income in regional comparison
Richmond's $98,290 median household income ranks second only to Rockland County ($110,631) among these eight counties, outpacing Saratoga County ($99,653) by $637. The county benefits from its position as New York City's most suburban borough, attracting both residents and employers.
Housing costs require significant commitment
At 20.6% of household income, Richmond's rent-to-income ratio remains manageable but reflects the median home value of $658,500. Households earning $98,290 can afford homeownership but should plan for mortgages consuming 25-30% of gross income.
Build long-term wealth through homeownership
Richmond County residents earning $98,290 should leverage strong home equity as a wealth-building strategy, as property values often appreciate in suburban locations. Combine mortgage payments with automatic contributions to retirement accounts and consider tax-loss harvesting in investment portfolios to maximize after-tax returns.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Richmond County
Your income is above the Richmond County median
County median: $98,290 per year
vs. County Median
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vs. State Average
+29%
vs. National Median
+31%
Income Adequacy
Your monthly income ($8,191) vs. median rent ($1,689/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.