Cortland is a city in New York state in USA with a population of 18633 residents.. The poverty rate of Cortland is 23.2%, which is 66% higher than national average. The typical household in Cortland earns $48859 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 14 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 51.9% 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 Cortland, only 90% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Cortland remained 6.3%, which is 34% 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 Cortland, only 27% of adults have a bachelor's degree and 35% have some college but no degree.

Cost of living in Cortland is 89, which is 11% lower than national average. Median home value in Cortland is $112500 , which is 51% lower than national average. While median income in Cortland remained $48859, which is 28% lower than national average.