Fair Haven, NY Economy


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Fair Haven, NY is a quaint small town nestled in the Finger Lakes region of upstate New York. It offers a peaceful atmosphere and an affordable cost of living compared to the rest of the United States. Rent for two bedrooms is on average $930 which is almost $500 less than the national average. Groceries are also more affordable with Fair Haven’s grocery cost index being 99 versus 100 in the US. Popular companies located in Fair Haven include Berry Global, Walmart Fulfillment Center, and Bausch & Lomb. There are also many local stores and restaurants that offer unique services to their customers. All in all, Fair Haven is an idyllic place to live with an unbeatable cost of living.

Fair Haven has an unemployment rate of 6.6%. The US average is 6.0%.

Fair Haven has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 16.6%, which is lower than the US average of 33.5%.

Tax Rates for Fair Haven
- The Sales Tax Rate for Fair Haven is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Fair Haven 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 Fair Haven
- The average income of a Fair Haven resident is $38,456 a year. The US average is $37,638 a year.
- The Median household income of a Fair Haven resident is $62,768 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFair Haven, New YorkUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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