Eaton, NY Economy


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Eaton, NY is a small town located in Madison County. It offers an affordable cost of living for those who are looking for a peaceful place to live and work. The 2 bedroom rent price in Eaton is $1,050 compared to the US average of $1,430. This makes Eaton an attractive option for many people. The grocery cost index in Eaton is also lower than the US average, making it an even more attractive option for budget-conscious shoppers. Local companies in Eaton include Searsburg General Store, Cazenovia Equipment Company, and Bassett's Maple Farm. All of these businesses provide various services and products to meet the needs of the local community.

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

Eaton has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 22.8%, which is lower than the US average of 33.5%.

Tax Rates for Eaton
- The Sales Tax Rate for Eaton is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Eaton 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 Eaton
- The average income of a Eaton resident is $17,995 a year. The US average is $28,555 a year.
- The Median household income of a Eaton resident is $47,258 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEaton, New YorkUnited States
  6.36
  -4.6%-6.2%
  22.8%33.5%
  4.0%6.2%
  6.2%4.6%
  $18,864$37,638
  $47,258$69,021
  $62,796$85,028
  Population by Occupation
  5.9%1.2%
  0.0%0.5%
  6.4%6.8%
  9.0%10.0%
  1.7%2.5%
  8.3%11.0%
  5.0%4.8%
  0.0%0.8%
  0.9%1.9%
  0.8%4.7%
  0.0%1.9%
  6.1%7.6%
  0.0%0.1%
  1.5%4.2%
  21.3%9.3%
  10.2%14.0%
  1.7%2.1%
  11.8%7.0%
  1.3%4.8%
  8.2%4.7%
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