Zip 12306 (Rotterdam, NY) Economy


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12306 Rotterdam, NY is a pleasant and affordable place to live. The average 2 bedroom rent in this area is $1,210 compared to the US 2 bedroom rent of $1,430. This makes it an ideal city for young professionals and families alike to call home. Additionally, the Grocery Cost Index here is 101 compared to 100 in the US making groceries more affordable than the US average. Local companies and employers include GlobalFoundries, Schenectady County Community College, Ellis Medicine and Key Bank. Real estate options are plentiful with community-specific agencies such as The Farone Group offering rental listings throughout 12306 Rotterdam, NY. Grocery stores in the area include Price Chopper Supermarkets, Hannaford Supermarkets and ShopRite Supermarkets. With its variety of businesses and affordable living options 12306 Rotterdam, NY is an excellent place to live and work!

Rotterdam (zip 12306) has an unemployment rate of 6.6%. The US average is 6.0%.

Rotterdam (zip 12306) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 25.9%, which is lower than the US average of 33.5%.

Tax Rates for Rotterdam (zip 12306)
- The Sales Tax Rate for Rotterdam (zip 12306) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Rotterdam (zip 12306) 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 Rotterdam (zip 12306)
- The average income of a Rotterdam (zip 12306) resident is $29,230 a year. The US average is $28,555 a year.
- The Median household income of a Rotterdam (zip 12306) resident is $71,859 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRotterdam, New YorkUnited States
  6.66
  -3.6%-6.2%
  25.9%33.5%
  8.0%6.2%
  6.2%4.6%
  $33,880$37,638
  $71,859$69,021
  $86,170$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  5.7%6.8%
  9.3%10.0%
  2.4%2.5%
  11.9%11.0%
  4.5%4.8%
  0.9%0.8%
  1.2%1.9%
  4.0%4.7%
  4.4%1.9%
  5.9%7.6%
  0.3%0.1%
  3.1%4.2%
  9.6%9.3%
  13.5%14.0%
  1.9%2.1%
  4.5%7.0%
  5.9%4.8%
  10.8%4.7%
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