Warsaw, NY Economy


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United States / New York / No Metro Area / Wyoming County / Warsaw / Zip Codes
Warsaw, NY is located in Wyoming County and is a small city with a population of approximately 5,000 residents. The cost of living in Warsaw is lower than the national average with 2 bedroom rental costs coming in at $830 compared to the US average of $1,430. Additionally, the local grocery cost index comes in at 97 versus 100 for the US. Local companies in Warsaw include Hickey Freeman Co., Milacron LLC, and Best Home Furnishings Inc., which provide employment opportunities to area residents. There are also several smaller businesses that offer goods and services. In all, Warsaw is an affordable place to live with many employment opportunities available making it an attractive option for those looking for a new home.

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

Warsaw has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 20.6%, which is lower than the US average of 33.5%.

Tax Rates for Warsaw
- The Sales Tax Rate for Warsaw is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Warsaw 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 Warsaw
- The average income of a Warsaw resident is $26,787 a year. The US average is $28,555 a year.
- The Median household income of a Warsaw resident is $49,557 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWarsaw, New YorkUnited States
  6.76
  -4.8%-6.2%
  20.6%33.5%
  8.0%6.2%
  6.2%4.6%
  $30,981$37,638
  $49,557$69,021
  $71,160$85,028
  Population by Occupation
  0.8%1.2%
  0.5%0.5%
  4.0%6.8%
  9.3%10.0%
  0.0%2.5%
  17.0%11.0%
  3.0%4.8%
  0.0%0.8%
  1.1%1.9%
  4.3%4.7%
  0.0%1.9%
  3.0%7.6%
  0.0%0.1%
  2.8%4.2%
  12.5%9.3%
  19.3%14.0%
  0.8%2.1%
  6.1%7.0%
  5.8%4.8%
  9.8%4.7%
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