Tyrone, NY Economy


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United States / New York / No Metro Area / Schuyler County / Tyrone / Zip Codes
Tyrone, NY is a small town located in Steuben County. It has a cozy, rural atmosphere with plenty of amenities such as parks, restaurants, and shops. Notably, living in Tyrone is more affordable than the national average; 2 bedroom rents are around $900 compared to $1,430 across the US. Additionally, grocery costs are slightly lower at 98 on the Grocery Cost Index compared to 100 for the rest of the country. There are several local businesses that contribute to Tyrone’s economy such as Tyron Agriculture Supplies, which sells equipment and supplies for farming operations; Star Valley Country Store for groceries and general merchandise; and Full Circle Automotive Repair for car upkeep and maintenance.

Tyrone has an unemployment rate of 7.4%. The US average is 6.0%.

Tyrone has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 23.7%, which is lower than the US average of 33.5%.

Tax Rates for Tyrone
- The Sales Tax Rate for Tyrone is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Tyrone 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 Tyrone
- The average income of a Tyrone resident is $23,591 a year. The US average is $28,555 a year.
- The Median household income of a Tyrone resident is $59,063 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTyrone, New YorkUnited States
  7.46
  -4.7%-6.2%
  23.7%33.5%
  8.0%6.2%
  6.2%4.6%
  $27,558$37,638
  $59,063$69,021
  $76,875$85,028
  Population by Occupation
  4.5%1.2%
  0.0%0.5%
  9.5%6.8%
  15.5%10.0%
  3.4%2.5%
  8.6%11.0%
  4.5%4.8%
  0.0%0.8%
  0.0%1.9%
  1.1%4.7%
  0.5%1.9%
  3.9%7.6%
  0.0%0.1%
  3.8%4.2%
  6.9%9.3%
  18.1%14.0%
  1.3%2.1%
  3.1%7.0%
  11.7%4.8%
  3.6%4.7%
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