What is the median household income in Rapids, NY?
The median household income in Rapids, NY is $121,875 (±$43,194) a year (2020–2024 American Community Survey).
In Rapids, the median household income went from $90,862 in 2015–2019 to $121,875 in 2020–2024 (+34.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $121,875 (±$43,194)
- Median renter income
- $41,765 (±$33,701)
Income in Rapids against Niagara County, its state and the nation
| Rapids | Niagara County | New York | United States | |
|---|---|---|---|---|
| Median household income | $121,875 (±$43,194) | $69,633 (±$2,124) | $85,974 (±$402) | $80,734 |
| Median renter household income | $41,765 (±$33,701) | $35,954 (±$2,192) | $57,803 (±$395) | $52,966 |
| Median owner household income | $138,466 (±$45,592) | $86,318 (±$1,827) | $114,563 (±$568) | $100,009 |
| Median gross rent | — | $899 (±$20) | $1,621 (±$7) | $1,413 |
In Rapids, median household income is higher than in Niagara County ($69,633).
It is not measurably different from New York ($85,974).
It is not measurably different from the national figure ($80,734).
In Niagara County, Rapids ranks 1 of 6 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 174 of 407.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $90,862 (±$25,809) | $121,875 (±$43,194) | +34.1% | No measurable change after inflation |
| Median home value | $186,900 (±$52,452) | $294,700 (±$44,434) | +57.7% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Rapids
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Rapids | — | $121,875 (±$43,194) | — |
| South Lockport | 3.4 mi | $56,166 (±$8,293) | Lower |
| Town of Clarence | 5.0 mi | $124,800 (±$13,910) | Not measurably different |
| Lockport | 5.6 mi | $62,410 (±$6,751) | Lower |
| Town of Royalton | 6.0 mi | $92,373 (±$11,657) | Not measurably different |
| Town of Pendleton | 6.1 mi | $113,750 (±$26,809) | Not measurably different |
| Clarence Center | 6.2 mi | $143,344 (±$18,746) | Not measurably different |
| Gasport | 7.0 mi | $74,816 (±$27,179) | Not measurably different |
| Town of Amherst | 8.2 mi | $93,483 (±$2,490) | Not measurably different |
Nearby places with a measurably lower figure: South Lockport, NY ($56,166), Lockport, NY ($62,410).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Niagara County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Rapids | $121,875 (±$43,194) |
| 2 | Ransomville | $83,400 (±$49,401) |
| 3 | Sanborn | $82,122 (±$30,380) |
| 4 | Newfane (community) | $77,096 (±$14,268) |
| 5 | Gasport | $74,816 (±$27,179) |
| 6 | South Lockport | $56,166 (±$8,293) |
Rapids is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside the Town of Lockport, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Rapids
What is the median household income in Rapids?
The median household income in Rapids is $121,875 (±$43,194) a year (2020–2024 American Community Survey).
Have incomes in Rapids kept up with inflation?
In Rapids, the median household income went from $90,862 in 2015–2019 to $121,875 in 2020–2024 (+34.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Rapids?
The median renting household in Rapids, NY earns $41,765 (±$33,701) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Rapids CDP, New York
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Rapids CDP, New York
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Rapids CDP, New York
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Rapids CDP, New York
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Rapids CDP, New York
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Rapids CDP, New York
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Rapids CDP, New York (place:60609, in state:36).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Rapids at a glance
- Home values in Rapids
- Homeowner costs in Rapids
- Property taxes in Rapids
- Types of homes in Rapids
- Age of homes in Rapids
- Heating fuel in Rapids
- Commute and cars in Rapids
- Population growth in Rapids
- New York landlord and tenant rules
- Housing across Niagara County
- New York places ranked by median household income
- Housing data for every place in New York