Grove, NY Economy


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United States / New York / No Metro Area / Allegany County / Grove / Zip Codes
Grove, NY is an ideal place to be for those looking for a peaceful, inexpensive lifestyle. The average 2 bedroom rent in Grove is only $1,040, compared to the US average of $1,430. Additionally, the grocery cost index in Grove is 97 versus the US average of 100; this means that groceries are cheaper than most areas! The city has much to offer; some of the local businesses and attractions include Groovy Gourmet Deli & Catering, Ballet’s Rockin' Ranch Zoo & Petting Farm as well as Crane’s Apple Orchard. All these places guarantee visitors a unique and enjoyable experience.

Grove has an unemployment rate of 6.2%. The US average is 6.0%.

Grove has seen the job market decrease by -2.1% over the last year. Future job growth over the next ten years is predicted to be 10.9%, which is lower than the US average of 33.5%.

Tax Rates for Grove
- The Sales Tax Rate for Grove is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Grove 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 Grove
- The average income of a Grove resident is $24,527 a year. The US average is $28,555 a year.
- The Median household income of a Grove resident is $59,107 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrove, New YorkUnited States
  6.26
  -3.7%-6.2%
  10.9%33.5%
  8.5%6.2%
  6.2%4.6%
  $29,069$37,638
  $59,107$69,021
  $59,000$85,028
  Population by Occupation
  4.0%1.2%
  5.5%0.5%
  12.0%6.8%
  11.0%10.0%
  0.0%2.5%
  10.5%11.0%
  2.5%4.8%
  0.0%0.8%
  2.5%1.9%
  2.5%4.7%
  0.0%1.9%
  1.0%7.6%
  0.0%0.1%
  1.0%4.2%
  12.0%9.3%
  18.0%14.0%
  1.5%2.1%
  7.0%7.0%
  0.5%4.8%
  8.5%4.7%
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