North Syracuse, NY Economy


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North Syracuse, NY is a great place to live for those seeking an affordable cost of living. The average 2 bedroom rent in North Syracuse is $1,120 per month which is significantly cheaper than the US average of $1,430 per month. Additionally, the Grocery Cost Index for North Syracuse is 99 compared to 100 in the US; further making it more affordable. North Syracuse hosts a variety of local businesses such as Nearby Petro Inc., Twin Trees III Restaurant and Bar, and Precision Roofing & Siding. All of this combined makes North Syracuse an attractive place for people who want to save money on their expenses while being able to enjoy all the amenities that come with living in a small community.

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

North Syracuse 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 23.3%, which is lower than the US average of 33.5%.

Tax Rates for North Syracuse
- The Sales Tax Rate for North Syracuse is 8.0%. The US average is 7.3%.
- The Income Tax Rate for North Syracuse 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 North Syracuse
- The average income of a North Syracuse resident is $27,293 a year. The US average is $28,555 a year.
- The Median household income of a North Syracuse resident is $61,738 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorth Syracuse, New YorkUnited States
  6.56
  -4.3%-6.2%
  23.3%33.5%
  8.0%6.2%
  6.2%4.6%
  $32,413$37,638
  $61,738$69,021
  $81,012$85,028
  Population by Occupation
  0.0%1.2%
  0.2%0.5%
  9.1%6.8%
  6.8%10.0%
  5.5%2.5%
  14.4%11.0%
  6.2%4.8%
  0.2%0.8%
  4.3%1.9%
  4.8%4.7%
  0.7%1.9%
  5.2%7.6%
  0.0%0.1%
  5.7%4.2%
  10.6%9.3%
  17.2%14.0%
  0.0%2.1%
  3.3%7.0%
  3.1%4.8%
  2.8%4.7%
Reviews for North Syracuse
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Over 16 years ago

Quiet neighborhood north of Syracuse. 10 minute drive to downtown. Plenty of snow in winter. Warm but not too hot in  More

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Over 18 years ago

Upstate NY and the Syracuse suburbs do have very good schools systems relative to other areas of the country. Liverpool, North Syracuse, Baldwinsville, Westhill, West  More

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