Clayton, NY Economy


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Clayton, NY is a small town located in Upstate New York. It is known for its peaceful atmosphere and cozy vibe. The cost of living in Clayton is quite reasonable with 2 bedroom rent being $1,070 which is lower than the national average of $1430. This makes it an affordable place to live for those on a budget. One of the local companies in Clayton is the Thousand Islands Winery which offers tours and tastings with award-winning wines from the region. The Grocery Cost Index in Clayton is 99 compared to 100 in the US, making groceries slightly more expensive than average but still very reasonable. All factors taken into consideration, Clayton offers an excellent quality of life at a price that won't break your budget.

Clayton has an unemployment rate of 7.1%. The US average is 6.0%.

Clayton 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 16.3%, which is lower than the US average of 33.5%.

Tax Rates for Clayton
- The Sales Tax Rate for Clayton is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Clayton 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 Clayton
- The average income of a Clayton resident is $26,043 a year. The US average is $28,555 a year.
- The Median household income of a Clayton resident is $70,758 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClayton, New YorkUnited States
  7.16
  -4.5%-6.2%
  16.3%33.5%
  8.0%6.2%
  6.2%4.6%
  $37,925$37,638
  $70,758$69,021
  $78,937$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  9.4%6.8%
  1.8%10.0%
  3.0%2.5%
  10.0%11.0%
  2.4%4.8%
  0.0%0.8%
  0.9%1.9%
  3.6%4.7%
  0.1%1.9%
  3.4%7.6%
  0.0%0.1%
  1.0%4.2%
  14.5%9.3%
  14.5%14.0%
  11.0%2.1%
  5.5%7.0%
  5.4%4.8%
  12.5%4.7%
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