Leicester, NY Economy


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Leicester, NY is a vibrant town located in the Finger Lakes region of New York. With a population of just over 2000, Leicester offers its residents big city amenities with small town charm. The average rental cost for a two bedroom apartment is $1,130, making it one of the more affordable towns in the area. Additionally, the grocery cost index is slightly lower than in other parts of the US at 98 versus 100. Local companies in Leicester include Leicester Market and Restaurant, which offers fresh produce and cooked meals; Leiby's Automotive Repair for car repair services; and Bluestone Bikes for bike rentals and repairs.

Leicester has an unemployment rate of 5.8%. The US average is 6.0%.

Leicester 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 23.8%, which is lower than the US average of 33.5%.

Tax Rates for Leicester
- The Sales Tax Rate for Leicester is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Leicester 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 Leicester
- The average income of a Leicester resident is $25,372 a year. The US average is $28,555 a year.
- The Median household income of a Leicester resident is $69,797 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLeicester, New YorkUnited States
  5.86
  -5.5%-6.2%
  23.8%33.5%
  8.0%6.2%
  6.2%4.6%
  $33,536$37,638
  $69,797$69,021
  $80,125$85,028
  Population by Occupation
  1.0%1.2%
  3.3%0.5%
  7.1%6.8%
  11.7%10.0%
  1.7%2.5%
  12.7%11.0%
  2.1%4.8%
  2.2%0.8%
  2.4%1.9%
  3.2%4.7%
  0.1%1.9%
  3.6%7.6%
  0.0%0.1%
  2.5%4.2%
  9.9%9.3%
  11.1%14.0%
  2.0%2.1%
  9.7%7.0%
  3.4%4.8%
  10.2%4.7%
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