Throop, NY Economy


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Throop, NY is a charming city situated in the heart of the Finger Lakes. It boasts a variety of attractions and amenities that make it an ideal place to live. The cost of living in Throop, NY is lower than the national average, with 2 Bedroom Rent at $1,010 versus US 2 Bedroom Rent of $1,430 and a Grocery Cost Index of 98 versus 100 in the US. Local businesses that contribute to the unique charm of Throop include Moonwinks Cafe for brunch and coffee, Maglio's Pizzeria for classic Italian cuisine, Sandy Creek Vineyard for its locally produced wines, and Fish Creek State Park for outdoor recreation. Whether it be work or play, Throop has something for everyone.

Throop has an unemployment rate of 6.6%. The US average is 6.0%.

Throop 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 16.6%, which is lower than the US average of 33.5%.

Tax Rates for Throop
- The Sales Tax Rate for Throop is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Throop 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 Throop
- The average income of a Throop resident is $27,768 a year. The US average is $28,555 a year.
- The Median household income of a Throop resident is $88,047 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyThroop, New YorkUnited States
  6.66
  -4.9%-6.2%
  16.6%33.5%
  4.0%6.2%
  6.2%4.6%
  $39,029$37,638
  $88,047$69,021
  $96,591$85,028
  Population by Occupation
  3.2%1.2%
  0.0%0.5%
  10.2%6.8%
  13.2%10.0%
  3.0%2.5%
  5.5%11.0%
  1.9%4.8%
  2.5%0.8%
  1.1%1.9%
  4.9%4.7%
  0.0%1.9%
  4.2%7.6%
  0.0%0.1%
  2.9%4.2%
  11.6%9.3%
  21.6%14.0%
  0.4%2.1%
  3.7%7.0%
  1.9%4.8%
  8.3%4.7%
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