New York · Economy & Workforce

Per Capita Income (real) in New York

Total personal income per resident in constant 2017 dollars, adjusted for both regional price differences and national inflation so states and years can be compared on equal footing.

$64,153 in 2024

#10 of 50 · Top tier (higher is better)

New York is better than the 50-state median ($58,246). That's a gap of $5,907.

View interactive chart & trend → See full 50-state ranking →

2008 – 2024 · New York only · interactive chart with US median overlay →

About per capita income (real)

What this measures: Total personal income per resident in constant 2017 dollars, adjusted for both regional prices and national inflation.

Why it matters: Real per capita income is the single best summary of a state's economic standard of living.

Watch out: It is an average, not a typical household. States with high inequality (concentrated top earners) score better here than the median resident's experience would suggest.

Recent trend

YearNew YorkUS median
2015$53,180$48,939
2016$54,091$48,719
2017$56,690$49,632
2018$57,594$50,577
2019$58,786$52,164
2020$61,253$54,988
2021$64,085$57,163
2022$62,106$56,194
2023$63,093$57,114
2024$64,153$58,246

New York vs. neighboring states

Same metric (per capita income (real)), latest year with full state coverage. Click any name for that state's full report.

StatePer Capita Income (real)National rank
Vermont $58,893 #21 of 50
Massachusetts $71,629 #3 of 50
Connecticut $74,254 #2 of 50
New Jersey $63,142 #11 of 50
Pennsylvania $58,620 #23 of 50

How New York compares (2024)

Top 5 best

#1Wyoming$75,501
#2Connecticut$74,254
#3Massachusetts$71,629
#4South Dakota$69,153
#5Nebraska$65,297

Bottom 5

#46Hawaiʻi$52,272
#47Alabama$52,216
#48New Mexico$51,121
#49West Virginia$50,051
#50Mississippi$48,465

Source and methodology

Source: BEA · Direction: higher is better · Unit: $

Download raw CSV (all 50 states, all years)

Related Economy & Workforce metrics for New York

← Back to New York dashboard