Carlton, NY Economy


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Carlton, NY is a small town located in the western part of New York State. The cost of living in Carlton is slightly lower than the national average, with the two-bedroom apartment rent costing $1,330 compared to the US 2 Bedroom Rent of $1,430. The grocery cost index in Carlton is also lower than the national average at 98 versus 100 in the US.
The town's economy primarily revolves around agriculture and tourism, and it is home to several local businesses such as Kortz Farms, which offers agricultural products grown and produced locally; Hillmount Barber Shop for all your hair care needs; and Carlton Country Store for a variety of items including groceries, hardware supplies, and gifts.

Carlton has an unemployment rate of 7.1%. The US average is 6.0%.

Carlton 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 24.1%, which is lower than the US average of 33.5%.

Tax Rates for Carlton
- The Sales Tax Rate for Carlton is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Carlton 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 Carlton
- The average income of a Carlton resident is $24,942 a year. The US average is $28,555 a year.
- The Median household income of a Carlton resident is $71,028 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCarlton, New YorkUnited States
  7.16
  -5.7%-6.2%
  24.1%33.5%
  8.0%6.2%
  6.2%4.6%
  $36,191$37,638
  $71,028$69,021
  $80,833$85,028
  Population by Occupation
  8.5%1.2%
  0.0%0.5%
  7.6%6.8%
  11.9%10.0%
  2.3%2.5%
  7.4%11.0%
  2.3%4.8%
  0.0%0.8%
  0.0%1.9%
  5.1%4.7%
  1.8%1.9%
  4.4%7.6%
  0.0%0.1%
  5.0%4.2%
  11.3%9.3%
  11.5%14.0%
  3.3%2.1%
  5.2%7.0%
  4.8%4.8%
  7.8%4.7%
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