Farmersville, NY Economy


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Farmersville, NY is a small town located in upstate New York. This town offers many amenities to its residents including a relatively low cost of living. The average two bedroom rent in Farmersville is only $820, which is significantly lower than the US average of $1,430. Additionally, the grocery cost index in Farmersville is 96 versus 100 in the US. Local companies are also abundant in this area, such as Williams & Son Farms producing fresh fruits and vegetables year round and Brewster's Pharmacy for all your health needs. Overall, Farmersville has an affordable cost of living compared to other parts of New York and the rest of the United States.

Farmersville has an unemployment rate of 7.2%. The US average is 6.0%.

Farmersville has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 15.6%, which is lower than the US average of 33.5%.

Tax Rates for Farmersville
- The Sales Tax Rate for Farmersville is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Farmersville 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 Farmersville
- The average income of a Farmersville resident is $23,704 a year. The US average is $28,555 a year.
- The Median household income of a Farmersville resident is $43,028 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFarmersville, New YorkUnited States
  7.26
  -6.1%-6.2%
  15.6%33.5%
  8.5%6.2%
  6.2%4.6%
  $22,511$37,638
  $43,028$69,021
  $46,250$85,028
  Population by Occupation
  5.5%1.2%
  1.0%0.5%
  18.6%6.8%
  6.8%10.0%
  2.8%2.5%
  9.8%11.0%
  7.6%4.8%
  0.0%0.8%
  2.5%1.9%
  0.8%4.7%
  0.8%1.9%
  2.8%7.6%
  0.8%0.1%
  12.1%4.2%
  5.0%9.3%
  9.1%14.0%
  0.0%2.1%
  8.1%7.0%
  2.0%4.8%
  4.0%4.7%
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