Ithaca is a city in New York state in USA with a population of 30715 residents.. The poverty rate of Ithaca is 37.4%, which is 167% higher than national average. The typical household in Ithaca earns $38019 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 4 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 61.4% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Ithaca, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Ithaca remained 4.9%, which is 4% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Ithaca, only 70% of adults have a bachelor's degree and 15% have some college but no degree.

Cost of living in Ithaca is 105, which is 5% higher than national average. Median home value in Ithaca is $261900 , which is 14% higher than national average. While median income in Ithaca remained $38019, which is 44% lower than national average.