Gerry, NY Economy


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Gerry, NY is a small town located in the picturesque Chautauqua County. It is known for its beautiful lakeside scenery and rural charm. With a population of just under 800 people, Gerry, NY is an excellent option for those looking for small-town living. The cost of two bedroom rentals in Gerry, NY is $820 per month which is much lower than the US average of $1,430. Grocery prices also tend to be lower in this area with a grocery index of 96 compared to the rest of the US which has an index of 100. Gerry, NY has several local businesses offering services from food and retail to beauty salons and auto repair. Popular local companies include Lakeshore Food and Gas Station, Carters Auto Repair, Jane's Beauty Salon and Country Market & Bakery.

Gerry has an unemployment rate of 7.4%. The US average is 6.0%.

Gerry has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 12.7%, which is lower than the US average of 33.5%.

Tax Rates for Gerry
- The Sales Tax Rate for Gerry is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Gerry 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 Gerry
- The average income of a Gerry resident is $23,707 a year. The US average is $28,555 a year.
- The Median household income of a Gerry resident is $60,341 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGerry, New YorkUnited States
  7.46
  -6.9%-6.2%
  12.7%33.5%
  8.0%6.2%
  6.2%4.6%
  $31,141$37,638
  $60,341$69,021
  $74,375$85,028
  Population by Occupation
  1.1%1.2%
  1.1%0.5%
  11.3%6.8%
  15.6%10.0%
  1.6%2.5%
  12.0%11.0%
  6.5%4.8%
  1.8%0.8%
  1.0%1.9%
  3.1%4.7%
  0.5%1.9%
  3.2%7.6%
  0.0%0.1%
  5.5%4.2%
  7.9%9.3%
  19.0%14.0%
  0.8%2.1%
  1.3%7.0%
  3.2%4.8%
  3.4%4.7%
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