Hornell, NY Economy


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Hornell, NY is a small city located in the Finger Lakes region of New York. It is known for its quaint streets, family atmosphere and friendly locals. The town has several local businesses including Hornell Brewing Company, Hornell Plaza Shopping Center, and even a local theatre. The cost of living in Hornell is very reasonable; the average price for a two-bedroom apartment is $850 while in the US it is $1,430. The grocery cost index in Hornell is 95 compared to 100 in other parts of the US which shows that groceries are more affordable here than elsewhere. Overall, Hornell offers an excellent quality of life with low costs associated with daily living expenses.

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

Hornell has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 20.1%, which is lower than the US average of 33.5%.

Tax Rates for Hornell
- The Sales Tax Rate for Hornell is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Hornell 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 Hornell
- The average income of a Hornell resident is $24,456 a year. The US average is $37,638 a year.
- The Median household income of a Hornell resident is $46,735 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHornell, New YorkUnited States
  6.76
  -4.7%-6.2%
  20.1%33.5%
  8.0%6.2%
  6.2%4.6%
  $24,456$37,638
  $46,735$69,021
  $63,402$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  5.5%6.8%
  14.0%10.0%
  0.0%2.5%
  19.4%11.0%
  2.7%4.8%
  0.4%0.8%
  3.7%1.9%
  5.6%4.7%
  1.6%1.9%
  0.6%7.6%
  0.0%0.1%
  4.9%4.2%
  5.8%9.3%
  15.8%14.0%
  0.6%2.1%
  10.0%7.0%
  5.1%4.8%
  3.1%4.7%
Reviews for Hornell
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Hornell is a great place to live. Small for a city, but it has most of what you would need between local shops and big box stores. Amazing produce/farmers markets just  More

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Hornell is an old railroad town that sets in a very pretty location near the PA border, on Interstate 86 in the Southern Tier of NY State. It is 60 miles south of  More

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Over 18 years ago

Hornell is the perfect place to raise children. The streets are safe, day or night, and everyone is friendly. Most of the residents are native to the area and take  More

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