Places/NY/Westchester County, NY
County profile

Westchester County, NY

United States · GDP 2024
#48 of 3,127 US counties by GDPtop-quartile growthmore diversified than 89% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$120.2B
BEA · 2024
GDP growth (YoY)
+6.9%
BEA · 2024
Jobs tracked
389,560
Census CBP · 2023
Employers
31,174
Census CBP · 2023
Avg. wage
$91.4k
BLS QCEW · 2023
Population
1,015,743
Census PEP · 2025
Labor, income & education
Unemployment
3.6%
Median HH income
$119.0k±$2.6k
Bachelor's degree+
53.1%±0.7%
Poverty rate
9.0%±0.4%
Business applications
14,407 · 2025
Retail establishments
3,331
33.0/10k pop
Industry mix · employment
Health care38%
Retail trade18%
Food & accommodation13%
Construction12%
Professional services10%
Admin & support9%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
1,015,743
residents · 2025 · +1.4% since 2020
Income per capita $136.4k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration33,546
International migration+33,996
Natural change+12,764

GDP trend

20192024 · nominal
$89.9B
2019
$93.1B
2020
$96.7B
2021
$105.3B
2022
$112.4B
2023
$120.2B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$663.2k±$5.7k
Median gross rent
$2.0k/mo±$27/mo
Vacancy rate
5.4%±0.4%
Affordability
7.3× wages
Residential permits
$362.0M
996 units · 1.0/1k pop
FEMA risk score
96.2
HUD Fair Market Rent (2BR):$2.9k/mo · 2026
TOP PERILS · FEMA NRI
Strong wind 99Winter weather 98Lightning 98
FHFA HOUSE PRICE INDEX · 20162025
1072
2016
1105
2017
1144
2018
1172
2019
1194
2020
1282
2021
1400
2022
1485
2023
1603
2024
1694
2025
RESIDENTIAL PERMITS · 20212025
-57% since 2021
2,319
2021
3,454
2022
1,478
2023
1,592
2024
996
2025

Transport access

BTS · FAA · USACE
Nearest interstate
5.2 km
I-684
Nearest freight rail
1.2 km
MNCW
Nearest port
9.6 km
PARADISE HEATING OIL INC. TERMINAL DOCK
Nearest commercial airport
11.2 km
WESTCHESTER COUNTY
Wage trend
BLS QCEW · 20192023
$91.4k
avg. annual pay · +20% since 2019
The read

What is the GDP of Westchester?

Westchester's economy produced $120.2B in 2024, growing 6.9% year over yearfaster than most US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.