Macomb, NY Economy


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Macomb, NY is a great town for people looking to live an affordable lifestyle. The average 2 bedroom rent in Macomb is $1,120, compared to the US average of $1,430, making it much more budget friendly. Additionally, the grocery cost index in Macomb is 96 compared to 100 at a national level. This means you can expect to find lower prices on all your grocery needs. Macomb is home to several local businesses including ABC Store Supplies, Merton Auto Repair and Green Mountain Graphics. These companies contribute significantly to the economy of Macomb while offering competitive prices on their products and services. All things considered, living in Macomb offers a cost-efficient lifestyle with many benefits.

Macomb has an unemployment rate of 6.7%. The US average is 6.0%.

Macomb has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 20.9%, which is lower than the US average of 33.5%.

Tax Rates for Macomb
- The Sales Tax Rate for Macomb is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Macomb 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 Macomb
- The average income of a Macomb resident is $21,384 a year. The US average is $28,555 a year.
- The Median household income of a Macomb resident is $48,393 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMacomb, New YorkUnited States
  6.76
  -3.2%-6.2%
  20.9%33.5%
  8.0%6.2%
  6.2%4.6%
  $23,316$37,638
  $48,393$69,021
  $53,359$85,028
  Population by Occupation
  6.3%1.2%
  1.5%0.5%
  14.1%6.8%
  7.5%10.0%
  0.0%2.5%
  15.9%11.0%
  3.3%4.8%
  0.0%0.8%
  0.0%1.9%
  1.5%4.7%
  3.3%1.9%
  3.3%7.6%
  0.0%0.1%
  5.7%4.2%
  8.1%9.3%
  19.8%14.0%
  0.0%2.1%
  5.1%7.0%
  2.1%4.8%
  2.4%4.7%
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