Canisteo, NY Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Canisteo, NY is a small rural town located in Steuben County. The town is filled with charm and rich culture that makes it a great place to live. 2 bedroom rentals are much more affordable in Canisteo with the average rent being $840 compared to the US average of $1,430. The local grocery cost index is also much lower than the US average at 96 versus 100 respectively. There are many local businesses in Canisteo such as Karrigan's restaurant, Canisteo Valley Veterinary Hospital, C&S Auto Repair and Storage Unit, and Brace’s Pharmacy. All of these businesses provide excellent services that make living in Canisteo even more enjoyable.

Canisteo has an unemployment rate of 6.7%. The US average is 6.0%.

Canisteo has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 20.1%, which is lower than the US average of 33.5%.

Tax Rates for Canisteo
- The Sales Tax Rate for Canisteo is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Canisteo 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 Canisteo
- The average income of a Canisteo resident is $20,947 a year. The US average is $28,555 a year.
- The Median household income of a Canisteo resident is $56,352 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCanisteo, New YorkUnited States
  6.76
  -4.7%-6.2%
  20.1%33.5%
  8.0%6.2%
  6.2%4.6%
  $32,172$37,638
  $56,352$69,021
  $78,750$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.4%6.8%
  12.2%10.0%
  0.5%2.5%
  16.1%11.0%
  1.5%4.8%
  0.3%0.8%
  0.7%1.9%
  1.5%4.7%
  0.0%1.9%
  2.7%7.6%
  0.0%0.1%
  1.5%4.2%
  22.3%9.3%
  13.9%14.0%
  0.0%2.1%
  10.0%7.0%
  5.9%4.8%
  6.7%4.7%
Health
Compare Canisteo, NY
cost of living
Compare food, housing, utilities, and more in Canisteo, New York to any other city in the US.