Phelps, NY is a small city located near Ontario County. It is a great place to live, with affordable rent and groceries that cost slightly less than the US average. At $1,000 for a two bedroom apartment, Phelps is much more affordable than most areas in the US. The local Grocery Cost Index in Phelps stands at 99 compared to the national average of 100.
The small city of Phelps is home to many businesses that serve the local community. Popular shops and restaurants include Feral Pig Eatery & Pub, La-tea-Da Restaurant & Catering, Marchese Motorsports, and J&D Pizza Shoppe. There are also plenty of local entertainment options such as The Grand Theater, Prospect Hill Golf Course, and York Family Farm Country Market. Phelps has something for everyone!
Phelps has an unemployment rate of 5.8%. The US average is 6.0%.
Phelps 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 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Phelps
- The Sales Tax Rate for Phelps is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Phelps 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 Phelps
- The average income of a Phelps resident is $29,925 a year. The US average is $28,555 a year.
- The Median household income of a Phelps resident is $76,829 a year. The US average is $69,021 a year.