Nedrow, NY Economy


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Nedrow, NY is an affordable and convenient place to live. The two bedroom rent in the area is much lower than the US average at $1,080 compared to $1,430. Additionally, the grocery cost index in Nedrow is 96 as opposed to 100 in the US. This makes living in Nedrow a great value for those on a budget. Some local companies include SUNY Upstate Medical University, Wegmans Food Market, and Catholic Charities of Onondaga County. These companies offer a wide range of services that make life more comfortable for residents.

Nedrow has an unemployment rate of 6.5%. The US average is 6.0%.

Nedrow has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.

Tax Rates for Nedrow
- The Sales Tax Rate for Nedrow is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Nedrow 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 Nedrow
- The average income of a Nedrow resident is $24,747 a year. The US average is $28,555 a year.
- The Median household income of a Nedrow resident is $69,038 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNedrow, New YorkUnited States
  6.56
  -4.3%-6.2%
  23.3%33.5%
  8.0%6.2%
  6.2%4.6%
  $32,708$37,638
  $69,038$69,021
  $83,869$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  8.5%6.8%
  6.6%10.0%
  0.5%2.5%
  11.0%11.0%
  3.8%4.8%
  2.1%0.8%
  0.5%1.9%
  5.6%4.7%
  3.5%1.9%
  5.3%7.6%
  0.0%0.1%
  5.1%4.2%
  11.2%9.3%
  19.0%14.0%
  0.0%2.1%
  10.2%7.0%
  0.9%4.8%
  5.5%4.7%
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