Redford, NY Economy


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Redford, NY is an attractive place to call home due to its affordable rental rates and low grocery cost index. With two bedroom rent being just $990 compared to the national average of $1430, it is a great place to live economically. Additionally, the Grocery Cost Index in Redford is 104 compared to 100 in the US making groceries more affordable. Some local companies that call Redford home include Haight's Dairy, Greenfield Machine Technologies, and Paul's Pizzeria. The area also features several small shops offering unique items. There are a variety of recreational activities available including hiking trails, fishing spots and skiing locations for visitors and locals alike. All in all, Redford offers an attractive blend of affordability and entertainment that make it a great place to live.

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

Redford has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 25.2%, which is lower than the US average of 33.5%.

Tax Rates for Redford
- The Sales Tax Rate for Redford is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Redford 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 Redford
- The average income of a Redford resident is $26,756 a year. The US average is $28,555 a year.
- The Median household income of a Redford resident is $86,219 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRedford, New YorkUnited States
  6.26
  -5.6%-6.2%
  25.2%33.5%
  8.0%6.2%
  6.2%4.6%
  $26,641$37,638
  $86,219$69,021
  $86,719$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  23.2%11.0%
  11.6%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  7.3%14.0%
  23.8%2.1%
  0.0%7.0%
  0.0%4.8%
  34.1%4.7%
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