Ithaca, New York 

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Economy in Ithaca, New York

Ithaca has an unemployment rate of 5.0%. The US average is 5.2%.

Ithaca 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 37.5%, which is lower than the US average of 38.0%.

Tax Rates for Ithaca
- The Sales Tax Rate for Ithaca is 8.0%. The US average is 6.0%.
- The Income Tax Rate for Ithaca is 6.5%. The US average is 4.6%.

Income and Salaries for Ithaca
- The average income of a Ithaca resident is $16,718 a year. The US average is $28,555 a year.
- The Median household income of a Ithaca resident is $30,318 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

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  ECONOMYIthaca, New YorkUnited States
  Unemployment Rate5.0%5.2%
  Recent Job Growth1.2%1.6%
  Future Job Growth37.5%38.0%
  Sales Taxes8.0%6.0%
  Income Taxes6.5%4.6%
  Income per Cap.$16,718$28,555
  Household Income$30,318$53,482
  Family Median Income$70,964$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting0.6%1.3%
  Mining, quarrying, oil and gas extraction0.1%0.6%
  Construction1.4%6.2%
  Manufacturing3.7%10.4%
  Wholesale trade0.3%2.7%
  Retail trade9.2%11.6%
  Transportation and warehousing2.4%4.1%
  Utilities00
  Information1.3%2.1%
  Finance and insurance1.7%4.7%
  Real estate, rental, leasing1.5%1.9%
  Professional, scientific, technical services6.1%6.7%
  Management of companies0.0%0.1%
  Administrative, support, waste mgt svcs1.4%4.3%
  Educational services44.5%9.3%
  Health care and social assistance5.9%13.8%
  Arts, entertainment, recreation4.6%2.2%
  Accommodation, food services9.2%7.4%
  Other services4.0%4.9%
  Public administration2.1%4.8%
ECONOMY MAP
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    Reviews for Ithaca    29 Reviews
    Ithaca is great (if you don't want to date). - 4/27/2018
    I think Ithaca is a superb community. The city is beautiful, there are tons of things to do and it's a hub for learning. The natural surroundings are exquisite. Parks... Read More

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    Ithaca NY - 3/17/2018
    Ithaca is the best little liberal town in America. The people are amazing and it’s a beautiful... Read More

    mixed review - 9/5/2013
    I moved to Ithaca from the southeastern US to escape red America at the height of the Bush era, both to find a community where I felt more at home and to find a good... Read More


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