Income & Economy in Falconer, NY

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$50,231

-31% vs national

Per Capita Income

$25,710

-31% vs national

Poverty Rate

16.6%

+22% vs national

Gini Index

0.4033

0 = perfect equality

Unemployment

7.0%

+35% vs national

SNAP Recipients

26.5%

of households

How Falconer Compares

Source: Census ACS (2023)

Falconer vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Falconer is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Falconer. The median household income here is $50,231.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
26.1%
$25-50K
23.7%
$50-75K
19.7%
$75-100K
14.2%
$100-150K
12.1%
$150-200K
3.1%
$200K+
1.2%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

7.0%

+40% vs NY avg

Labor Force

1,070

Employed

995

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

10.2%

of adults 25+

High School Diploma+

36.6%

of adults 25+

Median Age

41.9

Work from Home

4.6%

of workers

The median household income in Falconer, NY is $50,231, which is 31.4% below the national average of $73,224. Per capita income is $25,710. The poverty rate of 16.6% is higher than the NY state average of 10.6%. The Gini index of income inequality is 0.4033, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 7.0%, compared to the state average of 5.0%. 10.2% of adults hold a bachelor's degree or higher.