Gilbertsville, NY Economy


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Gilbertsville, NY is a great place to live with lower costs than the nationwide average. The cost of a two bedroom apartment is $990 which is significantly less than the US average of $1,430. Additionally, the grocery cost index in Gilbertsville is 98 versus 100 nationally. Local companies include tech start-ups such as Grouplight Technologies and family-owned businesses like Gem Automotive Repair. Education opportunities are also abundant with the local school district having three primary schools - Gilbertsville Elementary School, Cherry Street Elementary School, and Pine View Elementary School - and one high school: Unadilla Valley Central High School.

Gilbertsville has an unemployment rate of 6.3%. The US average is 6.0%.

Gilbertsville has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 19.3%, which is lower than the US average of 33.5%.

Tax Rates for Gilbertsville
- The Sales Tax Rate for Gilbertsville is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Gilbertsville 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 Gilbertsville
- The average income of a Gilbertsville resident is $26,642 a year. The US average is $28,555 a year.
- The Median household income of a Gilbertsville resident is $88,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGilbertsville, New YorkUnited States
  6.36
  -7.5%-6.2%
  19.3%33.5%
  8.0%6.2%
  6.2%4.6%
  $46,144$37,638
  $88,125$69,021
  $101,875$85,028
  Population by Occupation
  5.0%1.2%
  0.0%0.5%
  10.1%6.8%
  14.0%10.0%
  2.8%2.5%
  8.9%11.0%
  0.0%4.8%
  0.0%0.8%
  3.4%1.9%
  0.0%4.7%
  0.0%1.9%
  2.8%7.6%
  0.0%0.1%
  0.6%4.2%
  17.9%9.3%
  18.4%14.0%
  0.6%2.1%
  6.1%7.0%
  5.6%4.8%
  3.9%4.7%
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