Jefferson, NY Economy


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Jefferson, NY is a small town located in Upstate New York. It is known for its quaint charm, friendly residents, and affordable living. 2 bedroom apartments typically rent for around $1,110 which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Jefferson is only 99 when compared to the US average of 100. Many local businesses make this community thrive including River Street Cafe, a popular eatery serving up delicious sandwiches and homemade ice cream, and Sun Valley Farms which offers fresh fruits and vegetables throughout the year. Residents also enjoy other amenities such as the numerous public parks with hiking trails and scenic views, an outdoor skatepark complete with half pipes and ramps, and even a movie theater in nearby towns that feature both new releases and classic films.

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

Jefferson has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.

Tax Rates for Jefferson
- The Sales Tax Rate for Jefferson is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Jefferson 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 Jefferson
- The average income of a Jefferson resident is $26,037 a year. The US average is $28,555 a year.
- The Median household income of a Jefferson resident is $60,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJefferson, New YorkUnited States
  6.56
  -3.9%-6.2%
  26.0%33.5%
  8.0%6.2%
  6.2%4.6%
  $39,654$37,638
  $60,125$69,021
  $84,028$85,028
  Population by Occupation
  2.3%1.2%
  0.0%0.5%
  4.5%6.8%
  14.9%10.0%
  0.0%2.5%
  6.6%11.0%
  5.4%4.8%
  1.3%0.8%
  0.0%1.9%
  8.1%4.7%
  0.0%1.9%
  0.5%7.6%
  0.0%0.1%
  1.7%4.2%
  20.1%9.3%
  13.4%14.0%
  4.6%2.1%
  4.0%7.0%
  5.0%4.8%
  7.8%4.7%
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