Candor, NY Economy


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Candor, NY is a small town located in Tioga County, approximately 25 miles from Elmira. It has a population of about 1,700 people and is known for its rural charm and beautiful scenery. Candor is home to several local businesses such as Anderson's Grocery Store, Candor Motors, and Longwill Farms. Rent for two bedroom apartments in the area is slightly lower than the national average at $930 per month versus $1430 nationally. The Grocery Cost Index in Candor is also lower than the US average at 98 compared to 100. Despite its small size, Candor offers residents a peaceful way of life with plenty of local amenities and conveniences.

Candor has an unemployment rate of 6.1%. The US average is 6.0%.

Candor has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 18.8%, which is lower than the US average of 33.5%.

Tax Rates for Candor
- The Sales Tax Rate for Candor is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Candor 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 Candor
- The average income of a Candor resident is $25,617 a year. The US average is $28,555 a year.
- The Median household income of a Candor resident is $48,157 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCandor, New YorkUnited States
  6.16
  -5.9%-6.2%
  18.8%33.5%
  8.0%6.2%
  6.2%4.6%
  $30,500$37,638
  $48,157$69,021
  $65,064$85,028
  Population by Occupation
  1.5%1.2%
  0.8%0.5%
  11.5%6.8%
  17.6%10.0%
  3.9%2.5%
  5.9%11.0%
  4.1%4.8%
  0.9%0.8%
  2.2%1.9%
  1.3%4.7%
  3.0%1.9%
  3.6%7.6%
  0.0%0.1%
  1.3%4.2%
  17.1%9.3%
  7.8%14.0%
  1.6%2.1%
  8.3%7.0%
  3.7%4.8%
  4.1%4.7%
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