Watson, NY Economy


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United States / New York / No Metro Area / Lewis County / Watson / Zip Codes
The town of Watson, NY is a small community located in upstate New York. It provides its residents with many advantages, including affordable rent for a two bedroom apartment at $900 compared to the US average of $1,430. Groceries are also available at an affordable cost index of 98 versus 100 in the US. There are many local businesses in Watson that residents can visit such as The Market Cafe & Bakery, Watson Hardware and Lawn Supply, and Watson Lanes Bowling Alley. This gives residents a variety of activities to enjoy while living or visiting this friendly town.

Watson has an unemployment rate of 7.6%. The US average is 6.0%.

Watson has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.

Tax Rates for Watson
- The Sales Tax Rate for Watson is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Watson 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 Watson
- The average income of a Watson resident is $24,931 a year. The US average is $28,555 a year.
- The Median household income of a Watson resident is $64,008 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWatson, New YorkUnited States
  7.66
  -3.8%-6.2%
  22.0%33.5%
  8.0%6.2%
  6.2%4.6%
  $36,091$37,638
  $64,008$69,021
  $65,000$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  4.1%6.8%
  5.4%10.0%
  2.9%2.5%
  15.9%11.0%
  4.7%4.8%
  3.2%0.8%
  0.5%1.9%
  1.3%4.7%
  1.5%1.9%
  3.5%7.6%
  0.0%0.1%
  1.5%4.2%
  11.3%9.3%
  23.3%14.0%
  1.7%2.1%
  2.9%7.0%
  8.9%4.8%
  6.9%4.7%
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