Southampton Town, New York Income

The inflation-adjusted median household income in Southampton town was $117,328, based on U.S. Census Bureau ACS estimates.
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Updated Dec 15, 2023
Overview
$117,328
Median household income
0.5485
Gini coefficient
** (N/A)
Highest median income age group
$1,180,207
Income of top 5%

All incomes in 2022 inflation-adjusted dollars using R-CPI-U-RS. Sources: U.S. Census Bureau, American Community Survey (ACS) 2017-2021 5-Year Estimates

TABLE OF CONTENTS

Gender

In Southampton town, the population consists of 35,127 males (51.88%) and 32,577 females (48.12%). Here are the primary highlights from the gender-based income distribution analysis:

  • In Southampton town, the median income for all workers aged 15 years and older, regardless of work hours, was $58,237 for males and $40,734 for females.
  • However, when specifically considering full-time, year-round workers within the same age group, the median income was $81,308 for males and $71,359 for females.
  • In Southampton town, the median income for all workers aged 15 years and older, regardless of work hours, was $58,237 for males and $40,734 for females.
  • In Southampton town, among full-time, year-round workers aged 15 years and older, males earned a median income of $81,308, while females earned $71,359, resulting in a 12% gender pay gap among full-time workers. This illustrates that women earn 88 cents for each dollar earned by men in full-time positions. While this gap shows a trend where women are inching closer to wage parity with men, it also exhibits a noticeable income difference for women working full-time in the town of Southampton town.
Line chart showing the annual median income trends in Southampton Town, New York for males and females across four employment categories: (1) Males in full-time year-round positions, (2) Males in non-full-time roles (part-time and other employment types), (3) Females in full-time year-round positions, and (4) Females in non-full-time roles (part-time and other employment types).
Southampton Town, New York gender based income disparity: Gain insights into gender-based pay disparity trends and explore the variations in income for male and female individuals, in 2022 inflation adjusted dollars. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Read more about Southampton Town, New York income by gender ➔

Race

In Southampton town, the population is predominantly White, constituting 78.47% of the total residents. Here are the key highlights from the analysis of income distribution by race:

  • The median household income for White households is $143,054.
  • In Southampton town, despite the White population being the most populous, it is worth noting that Asian households actually reports the highest median household income, with a median income of $225,876. This reveals that, while Whites may be the most numerous in Southampton town, Asian households experience greater economic prosperity in terms of median household income.
  • In Southampton town, there was no reported median household income for White households in 2012. However, in 2022, the median household income increased to $143,054, marking a significant change.
  • In Southampton town, there was no reported median household income for Black or African American households in 2012. However, in 2022, the median household income increased to $94,402, marking a significant change.
The bar chart shows Southampton Town, New York median household income across all racial categories identified by the U.S. Census Bureau.
Southampton Town, New York median household income diversity across racial categories: Gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Read more about Southampton Town, New York median household income by race ➔

Year by year

Southampton Town, New York median household income trends by year, family type and household size (2010-2021):

  • From 2010 to 2021, the median household income for Southampton town increased by $17,055 (17.01%), as per the American Community Survey estimates.
  • Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 7 years and declined for 4 years.
  • The most significant year-by-year growth occured from 2018 to 2019, when the median household income increased by 5,124 (from $104,279 to $109,403). Similarly the most substantial year-by-year decline occured from 2013 to 2014, when the median household income decreased by 2,861 (from $98,580 to $95,719).
  • It then further increased to $137,263 for 7-person households, the largest household size for which the bureau reported a median household income.
  • With a Gini coefficient of 0.5485, it is evident that income distribution in Southampton Town, New York exihibits characterstics of moderate inequality .
  • For the family households, the median income (in 2022 inflation-adjusted dollars) was $160,899. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $72,974.
The line chart shows Southampton Town, New York median household income from 2010 to 2021. The orange line represents Census Bureau data for median household income (without adjusting for any inflation), while the blue line shows inflation-adjusted median household income for 2022.
Southampton Town, New York median household income trends: 2010 to 2021. The chart illustrates income fluctuations over the years, highlighting the impact of inflation on economic trends. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Read more about Southampton Town, New York median household income ➔

References

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Median household income of places that contain Southampton town (in 2022 dollars)
Insights for Southampton town, by topic

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Neilsberg Research
Neilsberg Research team are data scientists with expertise in processing, analysis and visualization of big data helping small businesses make right decisions.

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