Lyndonville, NY Economy


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Lyndonville, NY is a small village with a population of approximately 1,000 people. It's an affordable area to live in compared to the US as 2 bedroom rent is nearly $400 cheaper than the national average and the Grocery Cost Index is similarly lower. Despite its size, Lyndonville has plenty to offer including a plethora of outdoor activities such as hiking at Morgan Hill State Park, fishing at Lake Alice, and skiing and tubing at Holimont Ski Resort. Additionally, there is an array of local businesses such as Lyndonville Pharmacy, Lyndonville Veterinary Hospital, and Kezia's Kitchen for delicious home-style cooking.

Lyndonville has an unemployment rate of 7.1%. The US average is 6.0%.

Lyndonville has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.

Tax Rates for Lyndonville
- The Sales Tax Rate for Lyndonville is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Lyndonville 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 Lyndonville
- The average income of a Lyndonville resident is $25,271 a year. The US average is $28,555 a year.
- The Median household income of a Lyndonville resident is $49,342 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLyndonville, New YorkUnited States
  7.16
  -5.7%-6.2%
  24.1%33.5%
  8.0%6.2%
  6.2%4.6%
  $26,378$37,638
  $49,342$69,021
  $56,500$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  6.6%6.8%
  16.3%10.0%
  5.4%2.5%
  13.0%11.0%
  0.3%4.8%
  0.6%0.8%
  4.5%1.9%
  5.7%4.7%
  0.9%1.9%
  1.8%7.6%
  0.0%0.1%
  2.1%4.2%
  3.6%9.3%
  19.0%14.0%
  3.9%2.1%
  1.2%7.0%
  3.6%4.8%
  10.2%4.7%
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