Collins, NY Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Collins, NY is a small town located in the western part of New York state. The town has an affordable cost of living, evidenced by the 2 bedroom rent being $890, while the US average is $1,430. Additionally, grocery costs are 97 on the index compared to the US average of 100. Collins is home to a number of local businesses and services including Café Thyme, a quaint coffee shop; Tanning Salon & Spa, offering a variety of spa treatments; and Biggs Hardware Store, providing quality home improvement products and services. No matter what you're looking for Collins has something for everyone.

Collins has an unemployment rate of 7.2%. The US average is 6.0%.

Collins has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 24.4%, which is lower than the US average of 33.5%.

Tax Rates for Collins
- The Sales Tax Rate for Collins is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Collins is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Collins
- The average income of a Collins resident is $16,766 a year. The US average is $28,555 a year.
- The Median household income of a Collins resident is $56,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCollins, New YorkUnited States
  7.26
  -6.0%-6.2%
  24.4%33.5%
  8.8%6.2%
  6.2%4.6%
  $23,286$37,638
  $56,250$69,021
  $73,105$85,028
  Population by Occupation
  2.5%1.2%
  0.0%0.5%
  9.4%6.8%
  5.6%10.0%
  0.0%2.5%
  18.4%11.0%
  2.7%4.8%
  0.0%0.8%
  0.9%1.9%
  1.5%4.7%
  0.4%1.9%
  4.3%7.6%
  0.0%0.1%
  2.3%4.2%
  6.9%9.3%
  22.8%14.0%
  4.4%2.1%
  3.8%7.0%
  3.1%4.8%
  10.9%4.7%
Health
Compare Collins, NY
cost of living
Compare food, housing, utilities, and more in Collins, New York to any other city in the US.