Sennett, NY Economy


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Sennett, NY is a small town with a population of just over 4,000 people. Apart from its small size, the major attraction of Sennett is its affordability. With two bedroom rents averaging $1,010 versus the US average of $1,430 it's no wonder Sennett is so popular. Similarly, there is also a significant difference in grocery cost index with 98 in Sennett and 100 in the US.
As far as points of interest go, there are plenty to keep visitors entertained year-round. The Forge Hill Golf Club is located just outside the town limits and provides hours of fun for golfers of all levels. If you're looking for something more relaxed then you might want to check out the Gessler Family Farm; a local farm that offers pick-your-own produce and educational tours for adults and children alike. There are also several shops downtown such as Tom’s Antiques & Collectibles where you can find one-of-a-kind items at great prices. For those looking to dine out there are lots of local restaurants like Enzo’s Pizzeria and Bistro 507 that offer delicious food at reasonable prices.

Sennett has an unemployment rate of 6.6%. The US average is 6.0%.

Sennett has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 16.6%, which is lower than the US average of 33.5%.

Tax Rates for Sennett
- The Sales Tax Rate for Sennett is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Sennett 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 Sennett
- The average income of a Sennett resident is $34,352 a year. The US average is $28,555 a year.
- The Median household income of a Sennett resident is $94,828 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySennett, New YorkUnited States
  6.66
  -4.9%-6.2%
  16.6%33.5%
  4.0%6.2%
  6.2%4.6%
  $40,992$37,638
  $94,828$69,021
  $128,315$85,028
  Population by Occupation
  3.7%1.2%
  0.0%0.5%
  10.0%6.8%
  19.5%10.0%
  1.1%2.5%
  4.1%11.0%
  5.4%4.8%
  2.1%0.8%
  1.5%1.9%
  2.1%4.7%
  0.4%1.9%
  2.7%7.6%
  0.0%0.1%
  0.6%4.2%
  13.2%9.3%
  17.7%14.0%
  3.2%2.1%
  3.8%7.0%
  4.3%4.8%
  4.6%4.7%
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