Income & Economy in Wassaic, NY

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

Income Overview

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

Median Household Income

$61,875

-15% vs national

Per Capita Income

$27,244

-27% vs national

Poverty Rate

2.2%

-84% vs national

Gini Index

0.4225

0 = perfect equality

Unemployment

27.0%

+419% vs national

SNAP Recipients

32.2%

of households

How Wassaic Compares

Source: Census ACS (2023)

Wassaic vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Wassaic 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 Wassaic. The median household income here is $61,875.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
$25-50K
44.8%
$50-75K
14.9%
$75-100K
24.1%
$150-200K
9.2%
$200K+
6.9%

Employment Snapshot

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

Unemployment Rate

27.0%

+440% vs NY avg

Labor Force

126

Employed

92

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+

16.4%

of adults 25+

High School Diploma+

37.4%

of adults 25+

Median Age

32.5

Work from Home

8.7%

of workers

The median household income in Wassaic, NY is $61,875, which is 15.5% below the national average of $73,224. Per capita income is $27,244. The poverty rate of 2.2% is lower than the NY state average of 10.6%. The Gini index of income inequality is 0.4225, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 27.0%, compared to the state average of 5.0%. 16.4% of adults hold a bachelor's degree or higher.