East Bloomfield, NY Economy


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East Bloomfield, NY is a small town located in the Finger Lakes region of New York. It has a population of around 762 according to recent census data. The 2 bedroom rent in East Bloomfield is $1120 per month which is significantly lower than the US average rent of $1430 for a two-bedroom apartment. Additionally, the Grocery Cost Index in East Bloomfield is 102 as compared to 100 at the national level.
The cost of living in East Bloomfield is relatively low - thanks to its small size and proximity to larger cities like Rochester and Syracuse which offer more job opportunities and access to shopping centers. Companies based in East Bloomfield include J & J Auto Body & Repair, Cornerstone Builders Inc., O'Rourke & Sons Inc., and Don Westermeier's Garage. Factors that might affect the cost of living in East Bloomfield are its tax rates and access to public transportation options as well as the availability of local businesses offering goods at discounted prices.

East Bloomfield has an unemployment rate of 5.8%. The US average is 6.0%.

East Bloomfield has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.

Tax Rates for East Bloomfield
- The Sales Tax Rate for East Bloomfield is 7.5%. The US average is 7.3%.
- The Income Tax Rate for East Bloomfield 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 East Bloomfield
- The average income of a East Bloomfield resident is $38,175 a year. The US average is $28,555 a year.
- The Median household income of a East Bloomfield resident is $79,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEast Bloomfield, New YorkUnited States
  5.86
  -5.3%-6.2%
  25.5%33.5%
  7.5%6.2%
  6.2%4.6%
  $34,769$37,638
  $79,625$69,021
  $87,386$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  8.2%6.8%
  6.9%10.0%
  5.0%2.5%
  14.7%11.0%
  8.4%4.8%
  0.0%0.8%
  1.6%1.9%
  6.9%4.7%
  1.9%1.9%
  6.9%7.6%
  1.3%0.1%
  4.0%4.2%
  10.6%9.3%
  10.9%14.0%
  2.0%2.1%
  0.8%7.0%
  7.0%4.8%
  2.3%4.7%
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