Tompkins County, New York
Income Data
At a Glance
How Tompkins County Compares
Detailed Income Statistics
Data Story
About Household Income in Tompkins County, New York
Tompkins approaches national income levels
Tompkins County's median household income of $73,012 trails the national median of $74,755 by just 2%, demonstrating earning power on par with the typical American household. This strength reflects the county's educated workforce centered around Ithaca College and Cornell University.
Tompkins nears statewide income median
At $73,012, Tompkins County sits slightly below New York's median of $76,433, placing it solidly in the middle range of the state's 62 counties. The county's university presence supports higher-than-average education levels and professional employment.
Highest-earning Southern Tier county
Tompkins leads regional peers at $73,012, surpassing Tioga County ($71,791), Seneca ($66,007), and Steuben ($64,740) by clear margins. The county's academic institutions and educated workforce differentiate it from surrounding rural areas.
Income challenges high housing costs
Despite solid income, Tompkins faces the region's highest rent-to-income ratio at 22.6%, with median home values reaching $271,500. The university's presence and appeal as a cultural hub have driven up housing costs faster than incomes.
Strategic planning for Tompkins households
Tompkins residents earning $73,012 must balance higher housing costs with wealth-building strategies like diversified investments and retirement optimization. Consulting with financial professionals about mortgage management, education savings, and long-term asset allocation can help families thrive despite elevated living costs.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Tompkins County median
County median: $73,012 per year
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Your monthly income ($6,084) vs. median rent ($1,374/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.