Bemus Point, NY Economy


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Bemus Point, NY is a charming town located in upstate New York. Rent for a two bedroom apartment is notably lower than the US average of $1,430, at a cost of only $850. The grocery cost index is slightly higher than the national average, but residents still benefit from affordable living costs in Bemus Point. As a tourist destination, Bemus Point offers plenty of outdoor activities including fishing on Chautauqua Lake and golfing at Maplehurst Country Club. Local businesses include Billy’s Burger Shack and Bemus Bay Pops ice cream shop as well as Greenes Jewelers and Hannon’s Camp America RV dealership. With its low cost of living and ample recreational activities to enjoy, Bemus Point is an ideal place to live and visit!

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

Bemus Point has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 12.7%, which is lower than the US average of 33.5%.

Tax Rates for Bemus Point
- The Sales Tax Rate for Bemus Point is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Bemus Point 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 Bemus Point
- The average income of a Bemus Point resident is $37,252 a year. The US average is $28,555 a year.
- The Median household income of a Bemus Point resident is $39,464 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBemus Point, New YorkUnited States
  7.46
  -6.9%-6.2%
  12.7%33.5%
  8.0%6.2%
  6.2%4.6%
  $55,214$37,638
  $39,464$69,021
  $122,000$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  9.5%6.8%
  12.1%10.0%
  0.0%2.5%
  12.1%11.0%
  0.0%4.8%
  0.0%0.8%
  0.9%1.9%
  10.3%4.7%
  3.4%1.9%
  0.9%7.6%
  0.0%0.1%
  0.9%4.2%
  5.2%9.3%
  25.9%14.0%
  0.0%2.1%
  2.6%7.0%
  9.5%4.8%
  6.9%4.7%
Reviews for Bemus Point
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I grew up in Bemus Point, NY and have some great memories! Bemus Point is a smaller village that borders Chautauqua Lake. The village is amazing in the summer with its  More

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