Clare, NY Economy


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Clare, NY is a small rural area in upstate New York. It is known for its peaceful environment and affordable living costs. The average rent for a 2 bedroom in Clare is around $910 compared to the national average of $1,430; making it an attractive option for those looking for a more economical housing option. Additionally, the Grocery Cost Index in Clare is 96 which is lower than the US average of 100. This makes groceries significantly cheaper in Clare than in most other parts of the nation.
One of the main employers in Clare is Weltzheimer-Johnson House Museum, which collects, preserves and displays items from local history. Another major employer is Northside Hospital-Fulton County Inc., which provides medical services to residents of all ages. Lastly, CNY Drilling Company offers drilling services throughout New York’s Northern Counties and specializes in drilled wells and geothermal systems installation.
Overall, Clare offers an affordable, peaceful lifestyle that many people desire but cannot find elsewhere. It has many local employers that provide stability and opportunity to locals as well as lower cost of living compared to much of the United States.

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

Clare has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 20.9%, which is lower than the US average of 33.5%.

Tax Rates for Clare
- The Sales Tax Rate for Clare is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Clare 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 Clare
- The average income of a Clare resident is $16,655 a year. The US average is $28,555 a year.
- The Median household income of a Clare resident is $41,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClare, New YorkUnited States
  6.76
  -3.2%-6.2%
  20.9%33.5%
  8.0%6.2%
  6.2%4.6%
  $20,908$37,638
  $41,250$69,021
  $41,250$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  13.9%6.8%
  0.0%10.0%
  0.0%2.5%
  8.3%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  22.2%9.3%
  27.8%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  27.8%4.7%
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