Kirkwood, NY Economy


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Kirkwood, New York is a small town located in Broome County. The cost of living is quite affordable, with the average 2 bedroom rent at $1,010 compared to the US average of $1,430. The Grocery Cost Index in Kirkwood is 97 versus 100 in the US, making it an even more attractive option for those looking to save on food costs. Popular businesses and attractions in Kirkwood include Upstate Bar & Grill, Fox's Pizza Den, and Tinker Nature Park which offers great outdoor recreation activities such as hiking and fishing. There are also many local stores and boutiques that cater to shoppers looking for unique items and gifts.

Kirkwood has an unemployment rate of 7.0%. The US average is 6.0%.

Kirkwood has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 19.1%, which is lower than the US average of 33.5%.

Tax Rates for Kirkwood
- The Sales Tax Rate for Kirkwood is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Kirkwood 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 Kirkwood
- The average income of a Kirkwood resident is $28,792 a year. The US average is $28,555 a year.
- The Median household income of a Kirkwood resident is $51,192 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKirkwood, New YorkUnited States
  76
  -5.8%-6.2%
  19.1%33.5%
  8.0%6.2%
  6.2%4.6%
  $28,901$37,638
  $51,192$69,021
  $80,676$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.1%6.8%
  7.1%10.0%
  2.4%2.5%
  9.0%11.0%
  1.7%4.8%
  0.0%0.8%
  2.9%1.9%
  0.8%4.7%
  0.5%1.9%
  4.4%7.6%
  0.0%0.1%
  3.7%4.2%
  12.7%9.3%
  20.8%14.0%
  2.4%2.1%
  11.3%7.0%
  4.8%4.8%
  9.5%4.7%
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