Dayton, NY Economy


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Dayton, NY is a small town located in Cattaraugus County. With a population of about 600 people, Dayton is an ideal place to live if you’re looking for a peaceful and quiet lifestyle. The two bedroom rent in Dayton is quite affordable at only $820 compared to the US average of $1,430. Furthermore, the grocery cost index in Dayton is 95 versus 100 in the US making living costs even cheaper than normal. In terms of local services and products, Dayton has plenty to offer with companies like Hometown Hardware providing hardware and home supplies as well as Fancher Chair Furniture with their handmade furniture selection. For food and drinks, there are places like Whitey’s Ice Cream Shop and the Wagon Wheel Restaurant that both specialize in delicious treats. Residents of Dayton can also take advantage of other products and services including dry cleaning at Daytown Cleaners or legal advice from law offices like Ortolano Law Office.

Dayton has an unemployment rate of 7.2%. The US average is 6.0%.

Dayton has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 15.6%, which is lower than the US average of 33.5%.

Tax Rates for Dayton
- The Sales Tax Rate for Dayton is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Dayton 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 Dayton
- The average income of a Dayton resident is $20,562 a year. The US average is $28,555 a year.
- The Median household income of a Dayton resident is $60,972 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDayton, New YorkUnited States
  7.26
  -6.1%-6.2%
  15.6%33.5%
  8.0%6.2%
  6.2%4.6%
  $28,811$37,638
  $60,972$69,021
  $80,795$85,028
  Population by Occupation
  4.2%1.2%
  1.2%0.5%
  11.1%6.8%
  17.1%10.0%
  0.7%2.5%
  10.4%11.0%
  7.5%4.8%
  0.4%0.8%
  0.4%1.9%
  2.2%4.7%
  0.0%1.9%
  1.1%7.6%
  0.0%0.1%
  1.8%4.2%
  7.4%9.3%
  11.6%14.0%
  1.6%2.1%
  8.0%7.0%
  2.7%4.8%
  10.8%4.7%
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