Gates, NY Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Gates, NY is a charming suburban community located in upstate New York. The area offers affordable living with two bedroom rent averaging at $1,250 per month, which is less than the US average of $1,430. This makes Gates a great place for young families and first-time renters to live economically. Additionally, the local grocery cost index is 98 compared to 100 in the US which further helps everyday expenses stay low. Local businesses in Gates include Gates Chili Family Restaurant, C&D Automotive Service Inc., Fit Body Bootcamp Rochester-Gates and Caliendo's Sports Bar & Grill. Each business offers unique services and products that help make Gates an enjoyable place to live and visit.

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

Gates has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.

Tax Rates for Gates
- The Sales Tax Rate for Gates is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Gates 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 Gates
- The average income of a Gates resident is $34,485 a year. The US average is $37,638 a year.
- The Median household income of a Gates resident is $70,578 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGates, New YorkUnited States
  6.66
  -5.2%-6.2%
  24.3%33.5%
  8.0%6.2%
  6.2%4.6%
  $34,485$37,638
  $70,578$69,021
  $82,860$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  5.4%6.8%
  13.4%10.0%
  2.4%2.5%
  9.5%11.0%
  4.8%4.8%
  0.6%0.8%
  2.9%1.9%
  3.9%4.7%
  1.8%1.9%
  8.0%7.6%
  0.4%0.1%
  3.7%4.2%
  11.3%9.3%
  15.5%14.0%
  1.3%2.1%
  6.6%7.0%
  4.5%4.8%
  4.0%4.7%
Reviews for Gates
    See all ()

Over 12 years ago

Been here for 2 years; and it's a decent place; provided your in the right neighborhood. The con's: The airport is right on the border; so planes fly over parts.   More

   |    Reply

Start Your Review of Gates

Health
Compare Gates, NY
cost of living
Compare food, housing, utilities, and more in Gates, New York to any other city in the US.