Persia, NY Economy


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Persia, NY is a small town located in the state of New York. The small town has a population of approximately 500 people. Despite being a smaller community there are still many local businesses to be found such as Lucky Dog Grocery Store, Dennison's Diner, and Jones Hardware Store. The average rent for a two bedroom apartment in Persia is $840 which is significantly lower than the US average of $1,430. Additionally, living in Persia provides economical ways to purchase groceries as the grocery cost index in Persia is 96 compared to 100 in the US.

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

Persia 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 Persia
- The Sales Tax Rate for Persia is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Persia 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 Persia
- The average income of a Persia resident is $21,971 a year. The US average is $28,555 a year.
- The Median household income of a Persia resident is $48,594 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPersia, New YorkUnited States
  7.26
  -6.1%-6.2%
  15.6%33.5%
  8.0%6.2%
  6.2%4.6%
  $27,859$37,638
  $48,594$69,021
  $66,310$85,028
  Population by Occupation
  1.7%1.2%
  0.0%0.5%
  4.8%6.8%
  10.8%10.0%
  0.7%2.5%
  16.9%11.0%
  3.6%4.8%
  1.1%0.8%
  0.5%1.9%
  2.4%4.7%
  0.4%1.9%
  5.3%7.6%
  0.0%0.1%
  1.9%4.2%
  8.0%9.3%
  19.8%14.0%
  2.7%2.1%
  5.4%7.0%
  5.0%4.8%
  8.9%4.7%
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