Conklin, NY Economy


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Conklin, NY is a small town located in upstate New York. It is home to a variety of companies and attractions, offering something for everyone. Some of the local companies include Conklin Nurseries, Crumb Bakery, and Hibernia Distillery. There are also several attractions such as the Conklin Historical Society Museum, Broome County Nature Preserve, and Lazy River Trail. In addition to these businesses and attractions, the town also offers affordable housing with average 2 bedroom rent being $1,260 compared to a US average of $1,430. What's more, groceries are also cheaper in Conklin than the US average according to a Grocery Cost Index score of 98 versus 100 in the US.

Conklin has an unemployment rate of 7.0%. The US average is 6.0%.

Conklin has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 19.1%, which is lower than the US average of 33.5%.

Tax Rates for Conklin
- The Sales Tax Rate for Conklin is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Conklin 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 Conklin
- The average income of a Conklin resident is $25,915 a year. The US average is $28,555 a year.
- The Median household income of a Conklin resident is $60,427 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyConklin, New YorkUnited States
  76
  -5.8%-6.2%
  19.1%33.5%
  8.0%6.2%
  6.2%4.6%
  $32,210$37,638
  $60,427$69,021
  $73,125$85,028
  Population by Occupation
  1.0%1.2%
  0.0%0.5%
  6.9%6.8%
  7.1%10.0%
  2.4%2.5%
  6.7%11.0%
  5.6%4.8%
  3.1%0.8%
  1.6%1.9%
  2.5%4.7%
  0.7%1.9%
  7.3%7.6%
  0.8%0.1%
  4.1%4.2%
  14.3%9.3%
  19.4%14.0%
  0.0%2.1%
  4.6%7.0%
  6.4%4.8%
  5.7%4.7%
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