Gilbertsville, NY Economy


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Gilbertsville, NY is a great place to live with lower costs than the nationwide average. The cost of a two bedroom apartment is $990 which is significantly less than the US average of $1,430. Additionally, the grocery cost index in Gilbertsville is 98 versus 100 nationally. Local companies include tech start-ups such as Grouplight Technologies and family-owned businesses like Gem Automotive Repair. Education opportunities are also abundant with the local school district having three primary schools - Gilbertsville Elementary School, Cherry Street Elementary School, and Pine View Elementary School - and one high school: Unadilla Valley Central High School.

Gilbertsville has an unemployment rate of 6.3%. The US average is 6.0%.

Gilbertsville has seen the job market decrease by -7.5% over the last year. Future job growth over the next ten years is predicted to be 19.3%, which is lower than the US average of 33.5%.

Tax Rates for Gilbertsville
- The Sales Tax Rate for Gilbertsville is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Gilbertsville 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 Gilbertsville
- The average income of a Gilbertsville resident is $46,144 a year. The US average is $37,638 a year.
- The Median household income of a Gilbertsville resident is $88,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGilbertsville, New YorkUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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