Geddes, NY Economy


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Geddes, NY is a small town located near Syracuse. This quaint town is home to several local companies such as Geddes Automotive Center, Geddes Federal Credit Union, and O’Dell’s Grocery Store. The cost of living in Geddes is quite low compared to other parts of the country. Rent for two bedrooms is approximately $1,120 in Geddes versus an average of $1,430 per month in other parts of the US. The grocery cost index in Geddes stands at 99 while the US index is currently at 100.

Geddes has an unemployment rate of 6.5%. The US average is 6.0%.

Geddes 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 23.3%, which is lower than the US average of 33.5%.

Tax Rates for Geddes
- The Sales Tax Rate for Geddes is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Geddes 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 Geddes
- The average income of a Geddes resident is $29,482 a year. The US average is $28,555 a year.
- The Median household income of a Geddes resident is $67,079 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGeddes, New YorkUnited States
  6.56
  -4.3%-6.2%
  23.3%33.5%
  8.0%6.2%
  6.2%4.6%
  $36,593$37,638
  $67,079$69,021
  $83,387$85,028
  Population by Occupation
  0.0%1.2%
  0.2%0.5%
  5.1%6.8%
  9.6%10.0%
  2.3%2.5%
  8.6%11.0%
  4.5%4.8%
  2.0%0.8%
  2.6%1.9%
  4.6%4.7%
  1.0%1.9%
  5.2%7.6%
  0.0%0.1%
  2.4%4.2%
  11.2%9.3%
  21.6%14.0%
  1.1%2.1%
  6.6%7.0%
  6.3%4.8%
  5.2%4.7%
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