Zip 12701 (Monticello, NY) Economy


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United States / New York / No Metro Area / Sullivan County / No City / Monticello (zip 12701)
12701 Monticello, NY is a charming city located in the heart of the Catskill Mountains. Its 2 bedroom rent is relatively low at $980 per month compared to the US average of $1,430. The cost of groceries in this area is also lower than the national average index score of 100 with an index score of 97. This makes living in this area a great bargain for those looking for an affordable yet scenic place to live.
The city boasts numerous local businesses that offer goods and services to its residents. Popular places to shop include the Monticello Marketplace, Paltz Plaza, and Jungle Junction Zoo & Aquarium. There are also many restaurants such as Monticello's Eatery & Ice Cream Parlor and Mama Angie's Cocina Mexicana that provide delicious eats for locals and visitors alike.
In addition to its abundance of shops and eateries, 12701 Monticello, NY offers a variety of outdoor activities that make it the perfect destination for nature lovers. Visitors can go hiking at Neversink Valley Area Museum or spend an afternoon fishing on White Lake. Those interested in history can explore artifacts and take part in educational programs at The Museum at Bethel Woods or check out the Leonard Hill Cemetery which was established over 200 years ago during the Revolutionary War era. No matter what brings you to this picturesque town, there's something for everyone in 12701 Monticello, NY!

Monticello (zip 12701) has an unemployment rate of 6.7%. The US average is 6.0%.

Monticello (zip 12701) has seen the job market increase by 6.0% over the last year. Future job growth over the next ten years is predicted to be 41.0%, which is higher than the US average of 33.5%.

Tax Rates for Monticello (zip 12701)
- The Sales Tax Rate for Monticello (zip 12701) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Monticello (zip 12701) 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 Monticello (zip 12701)
- The average income of a Monticello (zip 12701) resident is $28,972 a year. The US average is $37,638 a year.
- The Median household income of a Monticello (zip 12701) resident is $49,653 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMonticello, New YorkUnited States
  6.76
  -7.1%-6.2%
  41.0%33.5%
  8.0%6.2%
  6.2%4.6%
  $28,972$37,638
  $49,653$69,021
  $61,528$85,028
  Population by Occupation
  0.9%1.2%
  0.4%0.5%
  5.1%6.8%
  6.2%10.0%
  1.0%2.5%
  14.8%11.0%
  5.1%4.8%
  0.2%0.8%
  0.8%1.9%
  1.4%4.7%
  1.7%1.9%
  1.8%7.6%
  0.0%0.1%
  1.6%4.2%
  8.0%9.3%
  24.9%14.0%
  8.6%2.1%
  6.8%7.0%
  4.9%4.8%
  5.6%4.7%
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