Scott, NY Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Scott, NY is a small town located in the Finger Lakes region of Upstate New York. It is home to many local businesses such as Green Castle Farms and Scott Veterinary Clinic. Residents enjoy the affordable cost of living with two bedroom rent averaging $1,080 compared to the national average at $1,430. The Grocery Cost Index is also lower than the rest of US with an index of 99 versus 100 nationally. With all this in mind, Scott, NY makes an attractive option for those looking to save money while still enjoying great amenities and quality services from its local businesses.

Scott has an unemployment rate of 6.9%. The US average is 6.0%.

Scott has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 18.1%, which is lower than the US average of 33.5%.

Tax Rates for Scott
- The Sales Tax Rate for Scott is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Scott 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 Scott
- The average income of a Scott resident is $24,617 a year. The US average is $28,555 a year.
- The Median household income of a Scott resident is $81,316 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyScott, New YorkUnited States
  6.96
  -5.0%-6.2%
  18.1%33.5%
  8.0%6.2%
  6.2%4.6%
  $36,623$37,638
  $81,316$69,021
  $89,167$85,028
  Population by Occupation
  1.6%1.2%
  0.0%0.5%
  13.0%6.8%
  12.4%10.0%
  2.1%2.5%
  12.4%11.0%
  2.3%4.8%
  0.0%0.8%
  0.4%1.9%
  1.6%4.7%
  0.0%1.9%
  5.4%7.6%
  0.0%0.1%
  1.4%4.2%
  19.6%9.3%
  9.1%14.0%
  1.6%2.1%
  3.3%7.0%
  3.3%4.8%
  10.7%4.7%
Health
Compare Scott, NY
cost of living
Compare food, housing, utilities, and more in Scott, New York to any other city in the US.