Celoron, NY Economy


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Celoron, NY is an ideal city for those looking to save money and live comfortably. With a 2 bedroom rent price of only $770, it is significantly cheaper than most locations in the US with the average price of $1,430. This budget friendly city also offers a Grocery Cost Index of 94 versus 100 in the US making groceries more affordable as well. Popular local businesses include Celoron Hardware Store, First Choice Carpet & Flooring Inc., and Castaway's Campground. All three of these companies offer great services to their customers at competitive prices and have developed a strong community presence in Celoron, NY.

Celoron has an unemployment rate of 7.4%. The US average is 6.0%.

Celoron 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 12.7%, which is lower than the US average of 33.5%.

Tax Rates for Celoron
- The Sales Tax Rate for Celoron is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Celoron 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 Celoron
- The average income of a Celoron resident is $23,428 a year. The US average is $28,555 a year.
- The Median household income of a Celoron resident is $50,859 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCeloron, New YorkUnited States
  7.46
  -6.9%-6.2%
  12.7%33.5%
  8.0%6.2%
  6.2%4.6%
  $25,436$37,638
  $50,859$69,021
  $64,318$85,028
  Population by Occupation
  1.8%1.2%
  0.0%0.5%
  3.3%6.8%
  24.3%10.0%
  0.0%2.5%
  18.0%11.0%
  2.7%4.8%
  0.0%0.8%
  0.0%1.9%
  2.7%4.7%
  0.0%1.9%
  6.7%7.6%
  0.0%0.1%
  4.5%4.2%
  4.5%9.3%
  13.5%14.0%
  0.0%2.1%
  8.6%7.0%
  6.1%4.8%
  3.5%4.7%
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