Charlotte, NY Economy


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Charlotte, NY is a small town located in Monroe County. It is known for its historic roots and strong sense of community. Over the last few years, the town has seen an influx of businesses, making it an attractive place to live for new residents. Notable companies in Charlotte include Wegmans Supermarkets, Kodak Alaris Document Imaging Solutions, and C&K Automotive Services.
The cost of living in Charlotte is very reasonable compared to other areas in the US. Rent for a two bedroom apartment averages around $830 per month which is much lower than the national average of $1,430. The Grocery Cost Index also favors Charlotte with a rating of 96 versus 100 in the US. All things considered, Charlotte is an affordable place to live while still offering all the amenities one would expect from a larger city.

Charlotte has an unemployment rate of 7.4%. The US average is 6.0%.

Charlotte has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 12.7%, which is lower than the US average of 33.5%.

Tax Rates for Charlotte
- The Sales Tax Rate for Charlotte is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Charlotte 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 Charlotte
- The average income of a Charlotte resident is $26,602 a year. The US average is $37,638 a year.
- The Median household income of a Charlotte resident is $47,350 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCharlotte, New YorkUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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