Forestville, NY Economy


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Forestville, NY is a small town located in the state of New York. It is known for its quaint atmosphere and vibrant community. The cost of living is relatively low compared to other places in the United States, with rent for 2 bedroom apartments averaging at $850 per month while the US average 2 bedroom rent is $1,430. Grocery costs are also very affordable in Forestville with a grocery cost index of 97 compared to 100 in the US. There are many local companies that contribute to the local economy such as The Forestville Star newspaper, Forestville Garden Center, and Riverview Coffee Shop. These businesses help keep the small town charm alive and create an inviting atmosphere for local residents.

Forestville has an unemployment rate of 7.4%. The US average is 6.0%.

Forestville has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 12.7%, which is lower than the US average of 33.5%.

Tax Rates for Forestville
- The Sales Tax Rate for Forestville is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Forestville 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 Forestville
- The average income of a Forestville resident is $20,078 a year. The US average is $28,555 a year.
- The Median household income of a Forestville resident is $37,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyForestville, New YorkUnited States
  7.46
  -6.9%-6.2%
  12.7%33.5%
  8.0%6.2%
  6.2%4.6%
  $18,939$37,638
  $37,917$69,021
Family Median Income 85028
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