Reading, NY Economy


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United States / New York / No Metro Area / Schuyler County / Reading / Zip Codes
Reading, NY is part of Schuyler County and located in the Finger Lakes Region of New York State. It offers an affordable cost of living that appeals to many with its 2 bedroom rent at only $920 compared to the US average of $1,430. The Grocery Cost Index in Reading, NY is also lower than the national average at 99 versus 100. Local businesses include Lime Hollow Nature Center which offers nature programs and a variety of outdoor activities like hiking trails and camping sites. Another local company is Finger Lakes Coffee Roasters who specialize in coffee roasting while providing visitors with a unique experience in their tasting room. Additionally, there are several wineries and breweries in the surrounding area, making it a popular destination for wine and beer lovers alike.

Reading has an unemployment rate of 7.4%. The US average is 6.0%.

Reading 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 23.7%, which is lower than the US average of 33.5%.

Tax Rates for Reading
- The Sales Tax Rate for Reading is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Reading 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 Reading
- The average income of a Reading resident is $27,879 a year. The US average is $28,555 a year.
- The Median household income of a Reading resident is $67,667 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyReading, New YorkUnited States
  7.46
  -4.7%-6.2%
  23.7%33.5%
  8.0%6.2%
  6.2%4.6%
  $34,401$37,638
  $67,667$69,021
  $85,179$85,028
  Population by Occupation
  5.3%1.2%
  0.5%0.5%
  4.3%6.8%
  16.6%10.0%
  2.3%2.5%
  10.8%11.0%
  2.0%4.8%
  0.5%0.8%
  0.5%1.9%
  2.2%4.7%
  0.0%1.9%
  2.9%7.6%
  0.0%0.1%
  5.3%4.2%
  16.9%9.3%
  11.9%14.0%
  1.0%2.1%
  7.3%7.0%
  4.0%4.8%
  5.8%4.7%
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