The median household income in Rhinebeck, New York, is $92,743.
Understanding Income in Rhinebeck, NY
When assessing the economic landscape of a community like Rhinebeck, various income metrics provide a comprehensive view. The median household income is a key indicator, offering insights into the financial standing of families and individuals living in the area.
Median Household Income
The median household income represents the income level that divides households into two equal halves: half of the households earn more than this amount, and half earn less. This measure is particularly useful as it is less influenced by extremely high or low incomes, providing a more accurate representation of the typical household's financial situation.
Based on recent data (2019-2023, reported in 2023 dollars), the median household income for Rhinebeck town, Dutchess County, New York, stands at $92,743.
Per Capita Income
Another important economic metric is the per capita income. This figure calculates the average income per person in an area, obtained by dividing the total income by the total population. It offers a broader perspective on the wealth distribution across all residents, including children.
For the same period (2019-2023, in 2023 dollars), the per capita income in Rhinebeck is $66,928.
Key Income Figures for Rhinebeck, NY
Here is a summary of the most relevant income statistics for Rhinebeck, New York:
| Income Metric | Amount (in 2023 dollars) | Data Period |
|---|---|---|
| Median household income | $92,743 | 2019-2023 |
| Per capita income | $66,928 | 2019-2023 |
These detailed income figures are collected and presented by reputable sources such as the U.S. Census Bureau, ensuring accuracy and reliability for economic analysis.
