Cayuga Heights, NY Economy


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Cayuga Heights, NY is a desirable place to live for many reasons. The rental cost for a two-bedroom apartment is $1,700, which is just slightly higher than the national average of $1,430. On top of that, the grocery cost index in Cayuga Heights is 105 compared to the US average of 100. This means groceries are slightly more expensive in Cayuga Heights but it isn’t an extreme difference. There are also plenty of local companies in the area such as Allstate Insurance Agency, Home Helpers Home Care and Cayuga Veterinary Services which provides residents with services they may need. Overall, Cayuga Heights is an attractive city due to its attractive rental prices, lower than average tax rates and close proximity to some beautiful parks like Robert H Treman State Park and Buttermilk Falls State Park.

Cayuga Heights has an unemployment rate of 4.7%. The US average is 6.0%.

Cayuga Heights has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.

Tax Rates for Cayuga Heights
- The Sales Tax Rate for Cayuga Heights is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Cayuga Heights 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 Cayuga Heights
- The average income of a Cayuga Heights resident is $46,864 a year. The US average is $28,555 a year.
- The Median household income of a Cayuga Heights resident is $98,563 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCayuga Heights, New YorkUnited States
  4.76
  -5.2%-6.2%
  28.8%33.5%
  8.0%6.2%
  6.2%4.6%
  $62,499$37,638
  $98,563$69,021
  $169,625$85,028
  Population by Occupation
  0.0%1.2%
  1.1%0.5%
  0.0%6.8%
  3.3%10.0%
  0.0%2.5%
  13.0%11.0%
  0.8%4.8%
  0.0%0.8%
  7.6%1.9%
  0.7%4.7%
  1.4%1.9%
  6.7%7.6%
  0.0%0.1%
  0.9%4.2%
  50.1%9.3%
  8.5%14.0%
  0.4%2.1%
  1.1%7.0%
  1.2%4.8%
  3.3%4.7%
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