Income & Economy in Philmont, NY

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

Income Overview

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

Median Household Income

$62,972

-14% vs national

Per Capita Income

$37,972

+2% vs national

Poverty Rate

8.9%

-35% vs national

Gini Index

0.5260

0 = perfect equality

Unemployment

8.9%

+71% vs national

SNAP Recipients

10.3%

of households

How Philmont Compares

Source: Census ACS (2023)

Philmont vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Philmont 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 Philmont. The median household income here is $62,972.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
14.6%
$25-50K
18.4%
$50-75K
32.5%
$75-100K
7.4%
$100-150K
20.2%
$150-200K
3.2%
$200K+
3.9%

Employment Snapshot

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

Unemployment Rate

8.9%

+78% vs NY avg

Labor Force

822

Employed

749

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+

18.3%

of adults 25+

High School Diploma+

48.4%

of adults 25+

Median Age

42.7

Work from Home

12.1%

of workers

The median household income in Philmont, NY is $62,972, which is 14.0% below the national average of $73,224. Per capita income is $37,972. The poverty rate of 8.9% is lower than the NY state average of 10.6%. The Gini index of income inequality is 0.5260, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 8.9%, compared to the state average of 5.0%. 18.3% of adults hold a bachelor's degree or higher.