Hornellsville, NY Economy


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Hornellsville, NY is a city located in Steuben County in the state of New York. It has a population of 8,563 as of 2019 and the median household income was $41,412. Hornellsville is home to many local businesses such as Lowes Foods, Hornell Brewing Co., Hornell Area YMCA and St. James Mercy Hospital. The cost of living in Hornellsville is relatively low compared to the rest of the United States. The 2 bedroom rent in Hornellsville is only $850 compared to $1,430 nationally. Additionally, the Grocery Cost Index for Hornellsville is 96 versus 100 across the country according to recent reports.

Hornellsville has an unemployment rate of 6.7%. The US average is 6.0%.

Hornellsville has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 20.1%, which is lower than the US average of 33.5%.

Tax Rates for Hornellsville
- The Sales Tax Rate for Hornellsville is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Hornellsville 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 Hornellsville
- The average income of a Hornellsville resident is $26,871 a year. The US average is $28,555 a year.
- The Median household income of a Hornellsville resident is $55,886 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHornellsville, New YorkUnited States
  6.76
  -4.7%-6.2%
  20.1%33.5%
  8.0%6.2%
  6.2%4.6%
  $34,641$37,638
  $55,886$69,021
  $71,438$85,028
  Population by Occupation
  2.8%1.2%
  0.0%0.5%
  9.6%6.8%
  12.4%10.0%
  1.3%2.5%
  16.4%11.0%
  1.7%4.8%
  1.0%0.8%
  0.8%1.9%
  2.8%4.7%
  0.7%1.9%
  1.8%7.6%
  0.0%0.1%
  1.4%4.2%
  13.9%9.3%
  21.0%14.0%
  0.6%2.1%
  4.3%7.0%
  3.0%4.8%
  4.4%4.7%
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