Hemlock, NY Economy


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Hemlock, NY is a small town located in upstate New York. It is known for its low cost of living, with the average rent for a 2 bedroom apartment being $940. This is significantly lower than the US average of $1,430. The Grocery Cost Index in Hemlock is also in line with the national average, making it an affordable place to live.
The town offers numerous amenities to its residents including stores like Walmart and Dollar Tree as well as restaurants such as Papa John's Pizza. There are also plenty of outdoor activities available from hiking to skiing at nearby ski resorts. In addition, there are various cultural attractions such as the Hemlock Lake State Park and the Pine Tree Art Gallery.

Hemlock has an unemployment rate of 5.8%. The US average is 6.0%.

Hemlock has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.

Tax Rates for Hemlock
- The Sales Tax Rate for Hemlock is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Hemlock 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 Hemlock
- The average income of a Hemlock resident is $31,090 a year. The US average is $28,555 a year.
- The Median household income of a Hemlock resident is $78,456 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHemlock, New YorkUnited States
  5.86
  -5.5%-6.2%
  23.8%33.5%
  8.0%6.2%
  6.2%4.6%
  $34,270$37,638
  $78,456$69,021
  $76,848$85,028
  Population by Occupation
  0.0%1.2%
  15.4%0.5%
  0.0%6.8%
  17.7%10.0%
  5.8%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  31.2%14.0%
  0.0%2.1%
  24.4%7.0%
  5.5%4.8%
  0.0%4.7%
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