Kennedy, NY Economy


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Kennedy, NY is a small town located in the state of New York. It is known for its low rental rates, with a two bedroom apartment setting you back only $810 a month. Grocery costs are also lower than the national average at 96 compared to 100. Residents of Kennedy enjoy small town living while being close enough to nearby cities such as Buffalo and Syracuse for shopping and entertainment opportunities. Local businesses include The Kennedy Pub, Sunny's Pizzeria, Alexander Bakery, and Kennedy Hardware store where residents can find all their needs without leaving town.

Kennedy has an unemployment rate of 7.4%. The US average is 6.0%.

Kennedy has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 12.7%, which is lower than the US average of 33.5%.

Tax Rates for Kennedy
- The Sales Tax Rate for Kennedy is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Kennedy 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 Kennedy
- The average income of a Kennedy resident is $26,038 a year. The US average is $37,638 a year.
- The Median household income of a Kennedy resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKennedy, New YorkUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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