Arcadia, NY Economy


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Arcadia, NY is a small town located in the Finger Lakes region of Upstate New York. It offers many amenities and activities to its residents, making it an ideal place to call home. Housing is relatively affordable compared to the US average; with 2-bedroom rent averaging $1,000 per month versus $1,430 nationally. Additionally, grocery costs in Arcadia are below the national average index of 100 with a score of 97. The area is home to several local business that offer goods and services such as Maple Valley Hardware, Happy Valley All-Natural Farm Market, and Supreme Care Pharmacy. With its lively atmosphere and friendly locals, Arcadia makes for a great place to live or visit.

Arcadia has an unemployment rate of 6.2%. The US average is 6.0%.

Arcadia has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.

Tax Rates for Arcadia
- The Sales Tax Rate for Arcadia is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Arcadia 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 Arcadia
- The average income of a Arcadia resident is $22,729 a year. The US average is $28,555 a year.
- The Median household income of a Arcadia resident is $54,222 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyArcadia, New YorkUnited States
  6.26
  -5.6%-6.2%
  24.2%33.5%
  8.0%6.2%
  6.2%4.6%
  $28,541$37,638
  $54,222$69,021
  $67,731$85,028
  Population by Occupation
  0.1%1.2%
  0.3%0.5%
  4.3%6.8%
  20.8%10.0%
  2.1%2.5%
  11.5%11.0%
  3.2%4.8%
  0.2%0.8%
  3.2%1.9%
  2.3%4.7%
  2.6%1.9%
  2.4%7.6%
  0.0%0.1%
  2.4%4.2%
  11.1%9.3%
  19.0%14.0%
  0.8%2.1%
  4.2%7.0%
  4.2%4.8%
  5.3%4.7%
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