Economy in Somerset, New York
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| Unemployment Rate | 7.70% | 8.60% |
| Recent Job Growth | -1.79% | 0.35% |
| Future Job Growth | 28.72% | 32.10% |
| Sales Taxes | 8.00% | 5.00% |
| Income Taxes | 6.85% | 4.70% |
| Income per Cap. | $22,717 | $26,154 |
| Household Income | $52,599 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 9.91% | 12.37% |
| Income between 15K and 25K | 9.20% | 10.53% |
| Income between 25K and 35K | 9.40% | 10.88% |
| Income between 35K and 50K | 17.90% | 15.37% |
| Income between 50K and 75K | 26.90% | 20.14% |
| Income between 75K and 100K | 11.12% | 12.41% |
| Income between 100K and 150K | 13.25% | 11.27% |
| Income between 150K and 250K | 1.92% | 5.01% |
| Income between 250K and 500K | 0.40% | 1.86% |
| Income greater than 500K | 0.00% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 8.65% | 14.04% |
| Professional and Related Occupations | 17.99% | 20.61% |
| Service | 14.45% | 14.45% |
| Sales and Office | 17.65% | 26.75% |
| Farming, Fishing, and Forestry | 2.16% | 0.70% |
| Construction, Extraction, and Maintenance | 14.10% | 9.42% |
| Production, Transportation, and Material Moving | 25.00% | 14.05% |
The unemployment rate in Somerset, NY, is 7.70%, with job growth of -1.79%. Future job growth over the next ten years is predicted to be 28.72%.
Somerset, NY Taxes
Somerset, NY,sales tax rate is 8.00%. Income tax is 6.85%.
Somerset, NY Income and Salaries
The income per capita is $22,717, which includes all adults and children. The median household income is $52,599.
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