Solvay, NY is a small village located in Onondaga County and has an estimated population of 3,541. The rent for a two bedroom apartment is $1,090 which is lower than the US average of $1,430. Additionally, the grocery cost index in Solvay is 98 compared to the U.S. average of 100 making it a more affordable place to live than other areas. Some local businesses include Great Northern Mall Shopping Center and World Gym Syracuse East. In addition, there are also several eateries such as Maharaja Indian Restaurant and Mama's Pizzeria & Deli that serve delicious cuisine.
Solvay has an unemployment rate of 6.5%. The US average is 6.0%.
Solvay has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.
Tax Rates for Solvay
- The Sales Tax Rate for Solvay is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Solvay 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 Solvay
- The average income of a Solvay resident is $30,369 a year. The US average is $37,638 a year.
- The Median household income of a Solvay resident is $50,953 a year. The US average is $69,021 a year.