Freeville, NY Economy


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Freeville, NY is a small town located in the northern part of New York state. It's known for its affordable housing options, with 2 bedroom rent being $1,210 compared to the national average of $1,430. In addition to low rent prices, Freeville also offers lower grocery costs than the rest of the country with an index score of 102 compared to 100. Local businesses and companies in Freeville include Freeville Food Co-Op, McGonagill Fish Market, and Kelly's Department Store. These businesses have served the town for years and show no signs of slowing down.

Freeville has an unemployment rate of 4.7%. The US average is 6.0%.

Freeville has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.

Tax Rates for Freeville
- The Sales Tax Rate for Freeville is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Freeville 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 Freeville
- The average income of a Freeville resident is $29,682 a year. The US average is $28,555 a year.
- The Median household income of a Freeville resident is $69,583 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFreeville, New YorkUnited States
  4.76
  -5.2%-6.2%
  28.8%33.5%
  8.0%6.2%
  6.2%4.6%
  $50,183$37,638
  $69,583$69,021
  $95,625$85,028
  Population by Occupation
  1.0%1.2%
  0.0%0.5%
  1.4%6.8%
  6.3%10.0%
  0.0%2.5%
  11.1%11.0%
  3.4%4.8%
  0.0%0.8%
  0.0%1.9%
  1.0%4.7%
  2.4%1.9%
  10.1%7.6%
  0.0%0.1%
  0.0%4.2%
  31.7%9.3%
  11.5%14.0%
  4.3%2.1%
  12.0%7.0%
  1.0%4.8%
  2.9%4.7%
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