\nWheatfield, NY is a small community in Niagara County located near Niagara Falls. The 2 bedroom rent in Wheatfield is significantly lower than the US average at only $960 compared to $1,430. The grocery cost index is also very low at 100 versus 100 in the US. It’s an affordable option for families and young professionals alike looking to save on cost of living expenses. \nThe area is home to several notable companies such as Yancey Lumber Corporation and DiMino's Tops Lewiston Red Oaks. There are also a number of restaurants and retail stores that contribute to the local economy. Unemployment rates remain fairly low compared to other areas in the county with only 8% of individuals currently out of work as reported by the NY Department of Labor Statistics.
Wheatfield has an unemployment rate of 7.7%. The US average is 6.0%.
Wheatfield has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 22.8%, which is lower than the US average of 33.5%.
Tax Rates for Wheatfield
- The Sales Tax Rate for Wheatfield is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Wheatfield 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 Wheatfield
- The average income of a Wheatfield resident is $30,586 a year. The US average is $28,555 a year.
- The Median household income of a Wheatfield resident is $87,442 a year. The US average is $69,021 a year.