Cortland County, NY Economy


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United States / New York / / Cortland County / Cities / Zip Codes
Cortland, NY County is a lovely place to live with plenty of job opportunities available. It's known for its many local businesses such as Cortland Repertory Theatre, Cortland Beer Company, and Cortland Palace Theater & Cultural Center – all great reasons to come visit! The local housing market is also quite affordable with a two-bedroom apartment renting for $950 on average while the US average is more than double at $1,430. When it comes to cost of living, the Grocery Cost Index in Cortland County is 99 versus 100 in the US – making it an extremely cost effective location to call home.

Cortland County has an unemployment rate of 6.9%. The US average is 6.0%.

Cortland County has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 18.1%, which is lower than the US average of 33.5%.

Tax Rates for Cortland County
- The Sales Tax Rate for Cortland County is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Cortland County 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 Cortland County
- The average income of a Cortland County resident is $23,581 a year. The US average is $28,555 a year.
- The Median household income of a Cortland County resident is $62,163 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCortland, New YorkUnited States
  6.96
  -5.0%-6.2%
  18.1%33.5%
  8.0%6.2%
  6.2%4.6%
  $30,584$37,638
  $62,163$69,021
  $76,051$85,028
  Population by Occupation
  1.4%1.2%
  0.3%0.5%
  6.7%6.8%
  10.4%10.0%
  1.6%2.5%
  11.4%11.0%
  2.4%4.8%
  0.6%0.8%
  1.3%1.9%
  2.3%4.7%
  1.4%1.9%
  5.8%7.6%
  0.0%0.1%
  2.4%4.2%
  17.1%9.3%
  15.0%14.0%
  1.8%2.1%
  9.3%7.0%
  4.1%4.8%
  4.9%4.7%
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