Wellsburg, NY Economy


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Wellsburg, NY is a small town located in the state of New York. The cost of living here is relatively low compared to other cities in the US, with 2 bedroom rent being $1,110 as opposed to an average of $1,430 throughout the US. The grocery cost index is also lower in Wellsburg at 96 versus 100 in the US. Popular attractions include the Wellsburg Historical Society Museum and J&J's Pizzeria where visitors can try some of their delicious homemade pizzas. Additionally, there are several local companies such as Weirton Steel Corporation and Shop 'N Save that offer jobs to those who live in Wellsburg.

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

Wellsburg has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 11.6%, which is lower than the US average of 33.5%.

Tax Rates for Wellsburg
- The Sales Tax Rate for Wellsburg is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Wellsburg 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 Wellsburg
- The average income of a Wellsburg resident is $20,581 a year. The US average is $28,555 a year.
- The Median household income of a Wellsburg resident is $63,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWellsburg, New YorkUnited States
  6.96
  -3.9%-6.2%
  11.6%33.5%
  8.0%6.2%
  6.2%4.6%
  $28,458$37,638
  $63,750$69,021
  $78,056$85,028
  Population by Occupation
  0.9%1.2%
  2.8%0.5%
  6.4%6.8%
  9.6%10.0%
  0.0%2.5%
  7.8%11.0%
  2.8%4.8%
  0.0%0.8%
  0.0%1.9%
  7.8%4.7%
  3.7%1.9%
  0.0%7.6%
  0.0%0.1%
  3.7%4.2%
  10.1%9.3%
  17.4%14.0%
  2.8%2.1%
  4.6%7.0%
  5.5%4.8%
  14.2%4.7%
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