Honeoye Falls, NY Economy


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Honeoye Falls, NY is a rural village located in Monroe County with a population of around 2,200 people. It is known for its quaint charm and small-town appeal with close proximity to larger cities such as Rochester and Syracuse. The cost of living in Honeoye Falls is very affordable compared to other areas, with two bedroom rent prices averaging $1,180 per month as opposed to the US average of $1,430. Grocery costs are also lower here than the national average, making Honeoye Falls an ideal place for families looking to save money while preserving a high quality of life.
The town boasts many local businesses such as Letchworth Family Dental Care, Burgers & Brews Restaurant & Pub, and B&B Liquor Store that provide necessary services and entertainment to residents of Honeoye Falls. There's also plenty of outdoor recreation opportunities nearby due to its location near several nature preserves and Finger Lakes State Parks. Overall, living in Honeoye Falls offers a great balance between affordability and quality lifestyle choices that can't be found elsewhere.

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

Honeoye Falls has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 23.5%, which is lower than the US average of 33.5%.

Tax Rates for Honeoye Falls
- The Sales Tax Rate for Honeoye Falls is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Honeoye Falls 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 Honeoye Falls
- The average income of a Honeoye Falls resident is $37,949 a year. The US average is $28,555 a year.
- The Median household income of a Honeoye Falls resident is $77,104 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHoneoye Falls, New YorkUnited States
  6.76
  -5.2%-6.2%
  23.5%33.5%
  8.0%6.2%
  6.2%4.6%
  $39,308$37,638
  $77,104$69,021
  $104,570$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  5.5%6.8%
  13.2%10.0%
  2.6%2.5%
  6.8%11.0%
  1.9%4.8%
  0.0%0.8%
  0.0%1.9%
  4.3%4.7%
  0.6%1.9%
  7.1%7.6%
  0.0%0.1%
  2.6%4.2%
  21.4%9.3%
  21.0%14.0%
  1.9%2.1%
  1.9%7.0%
  4.3%4.8%
  4.4%4.7%
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