Ever wondered if age and location make a difference to the size of your paycheck? Households in New York have a median annual income of $85,820, according to U.S. Census Bureau data. For perspective, the median annual household income in the U.S. is $83,730.
Here’s a deeper dive into New York salaries by age and location.
Table of Contents
Key Points
• According to the U.S. Census Bureau’s most recent data, the median household income in New York is $85,820.
• Average income by age in the state of New York ranges from $49,429 to $99,495.
• Income typically peaks between the ages of 25 and 44, dropping thereafter.
• Average salaries can vary widely depending on the city and county you live in.
• Professions such as chief executive, financial manager, and medical physician are some of the highest-paying jobs in New York.
Average Salary in New York by Age in 2026
Your income typically increases with age, peaking between the ages of 45 and 54, according to a study by ADP Research.
In New York, adults under the age of 25 earn a median annual income of $57,855, while those between 25 and 44 years of age earn the most, with an annual median income of $99,495. After that, median earnings tend to drop to $84,477 until age 64 and to $49,429 above 65, when people leave the workforce to retire.
Using a money tracker can help you stay on top of your income and expenses through every stage of your earnings journey.
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Median Salary in New York by City in 2026
The average salary in New York is higher than the average pay in the United States, but earnings can vary depending on the city you live in.
Here’s a comparison of various cities in New York with a high median household income based on the latest Census Bureau data.
| City | Median Salary |
|---|---|
| Bronxville Village | $215,815 |
| Huntington | $168,095 |
| North Hempstead | $158,158 |
| Deer Park | $137,105 |
| Islip | $120,909 |
| Brookhaven | $120,110 |
| Oyster Bay | $111,264 |
| Monroe Village | $109,851 |
| Hempstead Village | $90,420 |
| Queensbury Town | $89,972 |
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Median Salary in New York by County in 2026
What’s considered a good entry-level salary or annual income in New York can vary by county. Here’s a look at the median household income for 10 counties across the state:
| County | Median Salary |
|---|---|
| Nassau | $143,144 |
| Westchester | $118,596 |
| New York | $106,403 |
| Saratoga | $101,235 |
| Richmond | $97,911 |
| Kings | $81,027 |
| Albany | $80,900 |
| Oneida | $73,207 |
| Erie | $73,011 |
| Broome | $64,577 |
Examples of the Highest-Paying Jobs in New York
The highest-paying jobs in New York pay well over $100,000 annually, with many topping $200,000. Even the top 100 highest-paying jobs offer an entry-level salary in the six-figure range.
Have your sights set on landing a six-figure salary job? Here’s a list of a few lucrative job titles in New York and their mean annual wages according to the latest U.S Bureau of Labor Statistics data.
• Chief executive: $342,030
• Financial manager: $244,250
• Emergency medicine physician: $230,910
• General internal medicine physician: $205,460
• Marketing manager: $195,720
• Dentist: $185,590
• Software developer: $159,990
Many of the highest-paying jobs in New York are in the business and medical fields. However, your average earnings may depend on the years of experience you have, your education, and your specific career path.
If you’re working your way up the career ladder while paying down debt and focusing on savings, your net worth may be a better metric to track. You can use a net worth calculator by age to see where you should be, compared to people in your age range. If you’re ahead, then you know your financial plan is working. And if you’re behind, you can work out a strategy for getting caught up.
The Takeaway
Understanding income by age in New York, or any other state, can give you an idea of how your salary compares to that of other workers. It’s important to remember, however, that earning six figures or more isn’t an automatic guarantee that you’ll be financially secure. Student loan debt, high housing costs, and inflation can test just how far your money goes, even with a high-paying job.
Take control of your finances with SoFi. With our financial insights and credit score monitoring tools, you can view all of your accounts in one convenient dashboard. From there, you can see your various balances, spending breakdowns, and credit score. Plus you can easily set up budgets and discover valuable financial insights — all at no cost.
FAQ
What is a good average salary in New York?
A “good” average salary in New York state depends on the cost of living in your city or county and your personal spending habits. Your marital status can also make a difference. In New York, the median income for non-family households is $59,947, so a single person living alone might be able to live comfortably on $70,000 a year. However, a couple with two kids may need to earn closer to $200,000 a year to cover expenses.
What is the average gross salary in New York?
The average New Yorker earns an annual mean salary of $80,630 across all occupations. That’s approximately $15,000 more per year than the average U.S. worker.
What is the average income per person in New York?
The average income per capita in New York is $50,712. This number is less than the average salary in New York overall, as per-capita income accounts for all people, including those who are not earning income.
What is a livable wage in New York?
According to recent data from MIT, a livable wage for a single person with no children in New York is $29.89 per hour. Assuming a 40-hour workweek for 50 weeks, that adds up to $59,780 per year. Meanwhile, for a married couple with two children, a livable wage is estimated at $48.37 per hour if both parents work, and $67.77 per hour if only one works. That’s an annual income of $96,740 or $135,540, respectively, based on the same 40-hour week at 50 weeks per year.
What is considered a high salary in New York?
Some of the highest-paying jobs in New York include chief executive, physician, dentist, and financial manager. All of these professions can earn you over $180,000 a year.
About the author
Rebecca Lake
Rebecca Lake has been a finance writer for nearly a decade, specializing in personal finance, investing, and small business. She is a contributor at Forbes Advisor, SmartAsset, Investopedia, The Balance, MyBankTracker, MoneyRates and CreditCards.com. Read full bio.
Photo credit: iStock/LeoPatrizi
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