Genesee Falls, NY is an up-and-coming small town located in central New York. With its low 2 Bedroom rental price of $830, the cost of living here is much more affordable than other parts of the country - the US 2 bedroom rent average is $1,430. Grocery costs are also relatively cheaper as compared to the national average, with a index rating 97 versus 100 in the US. Despite its small size, Genesee Falls has a lot to offer for its residents and visitors alike. The town boasts a multitude of local businesses and services such as Bob's Auto Repair, Book Nook, Genesee Theater, and Jones Pharmacy. If you're looking for a quiet place to live or just take a quick weekend trip to explore all that this charming town has to offer, look no further than Genesee Falls!
Genesee Falls has an unemployment rate of 6.7%. The US average is 6.0%.
Genesee Falls has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 20.6%, which is lower than the US average of 33.5%.
Tax Rates for Genesee Falls
- The Sales Tax Rate for Genesee Falls is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Genesee Falls 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 Genesee Falls
- The average income of a Genesee Falls resident is $25,653 a year. The US average is $28,555 a year.
- The Median household income of a Genesee Falls resident is $45,694 a year. The US average is $69,021 a year.