Byron, NY Economy


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Byron, NY is a small suburban town located in Genesee County. It has a population of just over 1,500 people and offers its residents plenty of opportunities for recreation and leisure activities. The cost of living in Byron is quite reasonable compared to the rest of the country. The average two bedroom rent is $930 which is significantly lower than the US average of $1,430. Additionally, grocery items are cheaper in Byron as evidenced by its Grocery Cost Index being 98 versus the 100 that it is on average across the US.
Byron is known for its thriving local businesses such as B&L Hardware & Supply Store, JDog Junk Removal & Hauling Rochester NY, and Quality Truck Care Center. Each business offers something unique to make life easier and more enjoyable for all who live in or visit the area. With its low cost of living, friendly locals, and ample recreational activities, Byron is a great place to call home.

Byron has an unemployment rate of 6.1%. The US average is 6.0%.

Byron has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 21.6%, which is lower than the US average of 33.5%.

Tax Rates for Byron
- The Sales Tax Rate for Byron is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Byron 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 Byron
- The average income of a Byron resident is $29,534 a year. The US average is $28,555 a year.
- The Median household income of a Byron resident is $78,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyByron, New YorkUnited States
  6.16
  -5.9%-6.2%
  21.6%33.5%
  8.0%6.2%
  6.2%4.6%
  $36,007$37,638
  $78,125$69,021
  $89,750$85,028
  Population by Occupation
  3.6%1.2%
  0.5%0.5%
  9.1%6.8%
  17.8%10.0%
  1.5%2.5%
  11.5%11.0%
  4.8%4.8%
  0.4%0.8%
  0.0%1.9%
  6.7%4.7%
  0.7%1.9%
  5.0%7.6%
  0.0%0.1%
  3.4%4.2%
  6.7%9.3%
  8.3%14.0%
  0.8%2.1%
  3.4%7.0%
  4.2%4.8%
  11.7%4.7%
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