Sweden, NY Economy


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Sweden, NY is an unincorporated hamlet in Monroe County located in the Rochester Metropolitan area. It is a quiet rural community with plenty of natural beauty and outdoor recreational options. The two bedroom rent rate is slightly lower than the average rent rate for the US at $1,170 compared to $1,430. Additionally, grocery cost index for Sweden, NY is 99 versus 100 in the US. The local businesses that can be found in Sweden include G and G Auto Service and Sales, Rocky's Used Cars & Trucks, Everett and Wirth Farmstands, Theodorou's Grocery Store, as well as many more family owned businesses.

Sweden has an unemployment rate of 6.7%. The US average is 6.0%.

Sweden has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 23.5%, which is lower than the US average of 33.5%.

Tax Rates for Sweden
- The Sales Tax Rate for Sweden is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Sweden 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 Sweden
- The average income of a Sweden resident is $23,176 a year. The US average is $28,555 a year.
- The Median household income of a Sweden resident is $58,377 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySweden, New YorkUnited States
  6.76
  -5.2%-6.2%
  23.5%33.5%
  8.0%6.2%
  6.2%4.6%
  $25,270$37,638
  $58,377$69,021
  $82,820$85,028
  Population by Occupation
  1.1%1.2%
  0.0%0.5%
  4.5%6.8%
  10.1%10.0%
  1.2%2.5%
  15.8%11.0%
  1.4%4.8%
  0.2%0.8%
  1.8%1.9%
  1.8%4.7%
  1.3%1.9%
  4.2%7.6%
  0.0%0.1%
  3.4%4.2%
  20.3%9.3%
  14.3%14.0%
  2.5%2.1%
  7.6%7.0%
  5.8%4.8%
  2.8%4.7%
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