Columbus, NY Economy


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United States / New York / No Metro Area / Chenango County / Columbus / Zip Codes
Columbus, NY is a small town in Upstate New York that offers its residents a low cost of living. The current 2 bedroom rent in Columbus, NY is $860 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Columbus, NY is 97 versus 100 in the US. This makes Columbus an attractive option for those looking for an affordable place to live.
The town also has many local companies that contribute to its economy. A few popular employers are Reynolds School Supplies Inc., Stewart’s Shops Corporation and Escon Corporation. Other attractions include parks such as Glimmerglass State Park and Echo Lake Park which offer recreational activities such as swimming, boating and fishing throughout the year. All these features make Columbus an excellent place to live and work.

Columbus has an unemployment rate of 6.3%. The US average is 6.0%.

Columbus has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 18.9%, which is lower than the US average of 33.5%.

Tax Rates for Columbus
- The Sales Tax Rate for Columbus is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Columbus 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 Columbus
- The average income of a Columbus resident is $21,780 a year. The US average is $28,555 a year.
- The Median household income of a Columbus resident is $54,199 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyColumbus, New YorkUnited States
  6.36
  -3.1%-6.2%
  18.9%33.5%
  4.0%6.2%
  6.2%4.6%
  $24,403$37,638
  $54,199$69,021
  $54,714$85,028
  Population by Occupation
  10.7%1.2%
  0.0%0.5%
  10.3%6.8%
  12.2%10.0%
  2.3%2.5%
  4.2%11.0%
  2.1%4.8%
  0.0%0.8%
  4.4%1.9%
  7.9%4.7%
  0.0%1.9%
  1.9%7.6%
  0.0%0.1%
  0.2%4.2%
  9.3%9.3%
  18.7%14.0%
  1.2%2.1%
  4.9%7.0%
  5.4%4.8%
  4.2%4.7%
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