Oneonta, NY Economy


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Oneonta, NY is a small city located in Otsego County in the state of New York. It is home to several local businesses such as Next Level Technologies, The Art Center of Oneonta, and Pro-Tech Industries. The cost of living in Oneonta is lower than that of the US in general. For example, 2 bedroom rent in Oneonta is $990 compared to the US average of $1,430 for the same size apartment. Likewise, grocery cost index in Oneonta is 99 versus 100 for the US on average. All these factors make Oneonta an affordable place to live with plenty of options for local businesses and entertainment.

Oneonta has an unemployment rate of 6.3%. The US average is 6.0%.

Oneonta has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 19.3%, which is lower than the US average of 33.5%.

Tax Rates for Oneonta
- The Sales Tax Rate for Oneonta is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Oneonta 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 Oneonta
- The average income of a Oneonta resident is $17,913 a year. The US average is $28,555 a year.
- The Median household income of a Oneonta resident is $58,499 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOneonta, New YorkUnited States
  6.36
  -7.5%-6.2%
  19.3%33.5%
  8.0%6.2%
  6.2%4.6%
  $23,712$37,638
  $58,499$69,021
  $74,102$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  1.8%6.8%
  3.5%10.0%
  1.1%2.5%
  15.1%11.0%
  2.8%4.8%
  0.0%0.8%
  0.5%1.9%
  1.9%4.7%
  2.4%1.9%
  1.5%7.6%
  0.0%0.1%
  1.4%4.2%
  23.9%9.3%
  18.0%14.0%
  4.3%2.1%
  16.6%7.0%
  1.8%4.8%
  2.7%4.7%
Reviews for Oneonta
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Over 11 years ago

We have lived here for five years, and are looking to move. The town is fairly conservative and ethnically monotone. In fact, there is a history of racial  More

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Our family has lived in Oneonta for the past 14 years. It is great! Oneonta is safe, friendly, active and serene. The hills will grab you and keep you. Whikle not NYC it  More

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Over 15 years ago

Well oneonta sucks, if it were not for the colleges, it would dry up. the cops suck, they are not trained the way they should be. down town is a ghost town all closed  More

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