Income & Economy in Savona, NY

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

Income Overview

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

Median Household Income

$47,250

-35% vs national

Per Capita Income

$27,581

-26% vs national

Poverty Rate

18.2%

+34% vs national

Gini Index

0.3967

0 = perfect equality

Unemployment

9.7%

+86% vs national

SNAP Recipients

17.8%

of households

How Savona Compares

Source: Census ACS (2023)

Savona vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Savona 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 Savona. The median household income here is $47,250.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
13.9%
$25-50K
36.6%
$50-75K
14.8%
$75-100K
15.5%
$100-150K
12.5%
$150-200K
4.0%
$200K+
2.6%

Employment Snapshot

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

Unemployment Rate

9.7%

+94% vs NY avg

Labor Force

372

Employed

336

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+

12.0%

of adults 25+

High School Diploma+

41.6%

of adults 25+

Median Age

48.0

Work from Home

11.8%

of workers

The median household income in Savona, NY is $47,250, which is 35.5% below the national average of $73,224. Per capita income is $27,581. The poverty rate of 18.2% is higher than the NY state average of 10.6%. The Gini index of income inequality is 0.3967, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 9.7%, compared to the state average of 5.0%. 12.0% of adults hold a bachelor's degree or higher.