Danby, NY Economy


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Danby, NY is a desirable location for many people looking to move. The two bedroom rent in Danby is slightly more expensive than the US average at $1,500 compared to $1,430 respectively. This difference is offset by the grocery cost index of 103 which is higher than the US average of 100. The area offers many amenities such as numerous local businesses including Cafe Danby that serves fresh made coffee and pastries, Rivertown Pizza offering delicious Italian food, or Seabreeze Deli for some fresh-made sandwiches. Danby also has great recreational opportunities available nearby like hiking trails and public parks. All of these factors make Danby, NY an ideal place to call home.

Danby has an unemployment rate of 4.7%. The US average is 6.0%.

Danby has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.

Tax Rates for Danby
- The Sales Tax Rate for Danby is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Danby 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 Danby
- The average income of a Danby resident is $38,862 a year. The US average is $28,555 a year.
- The Median household income of a Danby resident is $76,445 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDanby, New YorkUnited States
  4.76
  -5.2%-6.2%
  28.8%33.5%
  8.0%6.2%
  6.2%4.6%
  $45,664$37,638
  $76,445$69,021
  $94,375$85,028
  Population by Occupation
  3.4%1.2%
  0.0%0.5%
  7.2%6.8%
  7.6%10.0%
  0.0%2.5%
  11.6%11.0%
  2.2%4.8%
  4.1%0.8%
  0.5%1.9%
  1.6%4.7%
  0.0%1.9%
  3.1%7.6%
  0.0%0.1%
  3.1%4.2%
  23.9%9.3%
  11.4%14.0%
  1.7%2.1%
  11.8%7.0%
  3.5%4.8%
  3.4%4.7%
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