Virgil, NY Economy


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Virgil, NY is a small town located in Tompkins County. It is home to several companies such as Virgil Motors, Virgil Brewing Co., and Virgil Hillside Dairy. The cost of living in Virgil is quite favorable when compared to the US as a whole. For example, the average two bedroom rent price in Virgil is $1,270 which is less than the US average of $1,430. Additionally, the Grocery Cost Index in Virgil is 99 while it's 100 in the US. Thus, living in Virgil can be significantly cheaper than other towns across America.

Virgil has an unemployment rate of 6.9%. The US average is 6.0%.

Virgil has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 18.1%, which is lower than the US average of 33.5%.

Tax Rates for Virgil
- The Sales Tax Rate for Virgil is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Virgil 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 Virgil
- The average income of a Virgil resident is $27,616 a year. The US average is $28,555 a year.
- The Median household income of a Virgil resident is $82,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVirgil, New YorkUnited States
  6.96
  -5.0%-6.2%
  18.1%33.5%
  8.0%6.2%
  6.2%4.6%
  $37,843$37,638
  $82,750$69,021
  $95,000$85,028
  Population by Occupation
  0.6%1.2%
  1.3%0.5%
  10.1%6.8%
  11.4%10.0%
  0.0%2.5%
  9.7%11.0%
  0.7%4.8%
  1.5%0.8%
  0.5%1.9%
  1.8%4.7%
  2.0%1.9%
  5.1%7.6%
  0.0%0.1%
  0.5%4.2%
  18.4%9.3%
  17.8%14.0%
  2.2%2.1%
  8.2%7.0%
  1.6%4.8%
  6.5%4.7%
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