Smithville, NY Economy


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United States / New York / No Metro Area / Chenango County / Smithville / Zip Codes
Smithville, NY is a small town located in the Northeastern region of the United States. It is known for its affordable living and moderate climate, making it an attractive option for those wanting to settle down in the area. The cost of renting a two-bedroom apartment is notably lower than the US average at $850 per month. In addition, food items are also more affordable here with the Grocery Cost Index being 98 compared to 100 in the US.
The town has several local companies that can provide employment opportunities such as Smithville Logistics and Smithville Medical Center. There are also plenty of recreational activities available for all ages to enjoy such as Miller Memorial Park, Smithville Aquatic Center, and Furman's Golf Course. Other tourist attractions include Shriver’s Drive-In Theater and The Smithville Historical Museum which offer a glimpse into the town’s past.

Smithville has an unemployment rate of 6.3%. The US average is 6.0%.

Smithville has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 18.9%, which is lower than the US average of 33.5%.

Tax Rates for Smithville
- The Sales Tax Rate for Smithville is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Smithville 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 Smithville
- The average income of a Smithville resident is $17,687 a year. The US average is $28,555 a year.
- The Median household income of a Smithville resident is $54,028 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySmithville, New YorkUnited States
  6.36
  -3.1%-6.2%
  18.9%33.5%
  4.0%6.2%
  6.2%4.6%
  $29,015$37,638
  $54,028$69,021
  $61,156$85,028
  Population by Occupation
  4.6%1.2%
  0.0%0.5%
  10.2%6.8%
  31.3%10.0%
  2.0%2.5%
  12.8%11.0%
  2.2%4.8%
  0.0%0.8%
  0.4%1.9%
  0.0%4.7%
  0.4%1.9%
  0.9%7.6%
  0.0%0.1%
  1.9%4.2%
  10.4%9.3%
  9.1%14.0%
  0.3%2.1%
  7.6%7.0%
  3.9%4.8%
  2.0%4.7%
Reviews for Smithville
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Over 16 years ago

I grew up spending summers in Smithville, along with the surrounding areas. (Roberts corners, Flat rock) The area isall farm land. It is beautiful to see the colors  More

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