Romulus, NY Economy


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Romulus, NY is a small town located in Seneca County. It's an excellent place to live for those who are looking for a peaceful setting with affordability. The average rent for a two bedroom apartment in Romulus is $910, which is significantly lower than the US average of $1,430. The cost of living index in Romulus is also much lower than the national average of 100. Local companies include Romulus Community Library, Romulus Fire Department, and Romulus Central School District. With such low rents and cost of living expenses, it's easy to see why many people are choosing to live in Romulus – it's both peaceful and affordable!

Romulus has an unemployment rate of 6.7%. The US average is 6.0%.

Romulus has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 34.7%, which is higher than the US average of 33.5%.

Tax Rates for Romulus
- The Sales Tax Rate for Romulus is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Romulus 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 Romulus
- The average income of a Romulus resident is $13,869 a year. The US average is $28,555 a year.
- The Median household income of a Romulus resident is $65,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRomulus, New YorkUnited States
  6.76
  -8.8%-6.2%
  34.7%33.5%
  8.0%6.2%
  6.2%4.6%
  $15,581$37,638
  $65,000$69,021
  $80,313$85,028
  Population by Occupation
  6.7%1.2%
  0.0%0.5%
  9.2%6.8%
  13.2%10.0%
  1.4%2.5%
  10.9%11.0%
  3.0%4.8%
  0.0%0.8%
  0.0%1.9%
  1.9%4.7%
  5.4%1.9%
  1.8%7.6%
  0.4%0.1%
  2.0%4.2%
  11.5%9.3%
  17.8%14.0%
  2.5%2.1%
  2.5%7.0%
  3.0%4.8%
  6.6%4.7%
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