Kenmore, NY Economy


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Kenmore, NY is a suburb of Buffalo, New York located within Erie County. With a population of 15,423, Kenmore offers its residents an affordable cost of living. The average rent for a two bedroom apartment in Kenmore is $1,050, which is significantly cheaper than the national average rent of $1,430. Additionally, grocery costs in Kenmore are on par with the national index at 100 percent. \nKenmore has a variety of local stores and companies that it can offer to its residents including Applebee’s Grill & Bar, Home Depot and The UPS Store. These well-known businesses have helped to shape the economy of this small town in upstate New York. Although the cost of living may be slightly higher than other towns nearby due to its close proximity to Buffalo, it still provides an affordable way for families to settle down and enjoy all that Kenmore has to offer.

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

Kenmore has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 24.4%, which is lower than the US average of 33.5%.

Tax Rates for Kenmore
- The Sales Tax Rate for Kenmore is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Kenmore 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 Kenmore
- The average income of a Kenmore resident is $28,521 a year. The US average is $28,555 a year.
- The Median household income of a Kenmore resident is $72,946 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKenmore, New YorkUnited States
  7.26
  -6.0%-6.2%
  24.4%33.5%
  8.8%6.2%
  6.2%4.6%
  $39,064$37,638
  $72,946$69,021
  $91,465$85,028
  Population by Occupation
  0.6%1.2%
  0.4%0.5%
  4.8%6.8%
  11.0%10.0%
  2.1%2.5%
  8.4%11.0%
  6.0%4.8%
  0.8%0.8%
  1.3%1.9%
  10.3%4.7%
  1.9%1.9%
  8.7%7.6%
  0.0%0.1%
  3.3%4.2%
  14.0%9.3%
  13.0%14.0%
  0.9%2.1%
  3.9%7.0%
  5.3%4.8%
  3.2%4.7%
Reviews for Kenmore
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A great place to live and start a family. Safe, quiet and close to the city of Buffalo, NY. Very affordable housing for new families. Kenmore has restaurants, shops,  More

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Kenmore offers us the closeness of the city and its multiple cultural offerings ...the zoo, art galleries, museums, theatre district and plentiful festivals during our  More

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