Wellsville, NY is a great place to live with affordable rent and cost of living. The average two bedroom rent in Wellsville is only $760 per month, which is quite a bit cheaper compared to the US average of $1,430. The grocery cost index in Wellsville is 95 which means that groceries are slightly more expensive than the US average of 100. The city’s local businesses include Family Dollar, Walmart Supercenter, Kinney Drugs and several small family-owned businesses. Living in Wellsville allows you to enjoy the amenities of a small town while still having access to lower rental costs and more affordable grocery items than most major cities.
Wellsville has an unemployment rate of 6.2%. The US average is 6.0%.
Wellsville has seen the job market decrease by -2.1% over the last year. Future job growth over the next ten years is predicted to be 10.9%, which is lower than the US average of 33.5%.
Tax Rates for Wellsville
- The Sales Tax Rate for Wellsville is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Wellsville 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 Wellsville
- The average income of a Wellsville resident is $24,246 a year. The US average is $28,555 a year.
- The Median household income of a Wellsville resident is $53,625 a year. The US average is $69,021 a year.