Granby, NY Economy


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Granby, NY is a small town located in the western region of New York State. It is known for its historical buildings and scenic views of the surrounding countryside. There is plenty to do here as well from shopping to outdoor activities like fishing and hunting. The main industry in Granby is agriculture with some light manufacturing.
The cost of living in Granby is very affordable when compared with the national average. For example, 2-bedroom rent costs $990 per month while the same amount costs $1,430 on average across the United States. Grocery prices also tend to be lower in Granby with an index score of 97 compared to 100 in the US.
There are numerous local businesses located in Granby including Granges Hardware, Granby Family Pharmacy, Corcoran & Sons Inc., Granby Automotive Service Center, and Airway Cleaners. These local businesses provide goods and services to those living within the community; ensuring that everyone has access to what they need at an affordable price point.

Granby has an unemployment rate of 7.5%. The US average is 6.0%.

Granby has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.

Tax Rates for Granby
- The Sales Tax Rate for Granby is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Granby 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 Granby
- The average income of a Granby resident is $28,630 a year. The US average is $28,555 a year.
- The Median household income of a Granby resident is $59,663 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGranby, New YorkUnited States
  7.56
  -4.4%-6.2%
  20.4%33.5%
  8.0%6.2%
  6.2%4.6%
  $34,170$37,638
  $59,663$69,021
  $59,575$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  5.2%6.8%
  11.6%10.0%
  1.2%2.5%
  13.5%11.0%
  11.6%4.8%
  1.0%0.8%
  0.0%1.9%
  1.9%4.7%
  1.5%1.9%
  5.2%7.6%
  0.0%0.1%
  3.8%4.2%
  9.3%9.3%
  14.5%14.0%
  6.3%2.1%
  4.0%7.0%
  5.4%4.8%
  3.3%4.7%
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