Marcellus, NY is a small town that offers its residents a high quality of life. It has affordable housing with the average 2-bedroom rent being $1,110 compared to the US average of $1,430. The grocery cost index in Marcellus is also lower than that in the US, making it an attractive option for those looking to save money while living comfortably. The local economy is bolstered by businesses such as Marcellus Clean Energy Solutions which provides renewable energy solutions for both residential and commercial entities; Marcellus Motors which specializes in automotive maintenance and repair; and Marcellus Farms which provides fresh fruits and vegetables from local farms. Through providing employment opportunities to locals as well as contributing to taxes through their services and sales, these companies contribute significantly to the growth of the Marcellus economy.
Marcellus has an unemployment rate of 6.5%. The US average is 6.0%.
Marcellus has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.
Tax Rates for Marcellus
- The Sales Tax Rate for Marcellus is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Marcellus 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 Marcellus
- The average income of a Marcellus resident is $42,035 a year. The US average is $37,638 a year.
- The Median household income of a Marcellus resident is $79,693 a year. The US average is $69,021 a year.