Income Levels New York City

Data is from the 2010 united states census data and the 2006 2010 american community.

Income levels new york city. The 2020 ami for the new york city region is 102 400 for a three person family 100 ami. New york counties ranked by per capita income note. 2020 nys income and. Department of housing and urban development hud.

The income and resources if applicable of legally responsible relatives in the household will also be counted. Use this free tool to calculate 2020 new york poverty levels including monthly totals annual income amounts and percentages of new york poverty levels like 133 135 138 150 200 and more. Medicaid income eligibility levels yearly household income effective january 2020. New york is the sixth richest state in the united states of america with a per capita income of 40 272 29 2004.

Per capita income on the other hand is income averaged for everyone 16 or older living in the city. Area median income ami the median income for all cities across the country is defined each year by u s. If you are a single new yorker earning 58 450 or less per year you fall under the low income category according to 2018 estimates released last month by the u s. Between 2017 and 2018 the population of new york ny declined from 8 62m to 8 4m a 2 6 decrease and its median household.

New york ny new york income map earnings map and wages data the median household income in new york ny in 2017 was 60 879 which was 6 6 less than the median annual income of 64 894 across the entire state of new york. In 2018 new york ny had a population of 8 4m people with a median age of 36 9 and a median household income of 63 799. You can take a refundable credit of 125 if you re married file a joint return and have income of 250 000 or less. Subject to annual income updates.

Use this poverty level calculator to get 2020 annual and monthly poverty income levels and percentages for your household size in new york. Income guidelines are based on how the department of housing and urban development hud calculates the area median income ami of the new york city region. The new york city school tax credit is available to new york city residents or part year residents who can t be claimed as dependents on another taxpayer s federal income tax return.