Retsof, NY Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
\nRetsof, NY is a great place to consider for living. The average rent for a 2-bedroom apartment in Retsof is only $980 per month, which is much lower than the US average of $1,430. In addition, the grocery cost index in Retsof is 97 as compared to the US average of 100, making it cheaper to purchase food items there.\nRetsof is home to several local businesses such as H&M Auto Sales and Repair and K & J Farm Supply. Tourist attractions in Retsof include Letchworth State Park and Hopkins Road Beach. Activities that locals enjoy include fishing on Letchworth's Mount Morris Reservoir, hiking on the Genesee Valley Greenway Trail and visiting the Nature Center at Widewaters State Park.

Retsof has an unemployment rate of 5.8%. The US average is 6.0%.

Retsof has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.

Tax Rates for Retsof
- The Sales Tax Rate for Retsof is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Retsof 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 Retsof
- The average income of a Retsof resident is $37,968 a year. The US average is $37,638 a year.
- The Median household income of a Retsof resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRetsof, New YorkUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
Health
Compare Retsof, NY
cost of living
Compare food, housing, utilities, and more in Retsof, New York to any other city in the US.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.