Utica, NY Economy


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Utica, NY is a thriving city located in the Mohawk Valley region of New York State. It is an affordable place to live, with two bedroom apartments renting for only $940 per month, compared to the US average of $1,430. The Grocery Cost Index in Utica is also under the US average at 98% making it an ideal place for budget conscious shoppers. There are many great companies that call Utica their home including Griffiss International Airport ,Konar Properties, JADAK, Applebee's and Stanley Center for the Arts. Plus there are numerous places to visit like The Munson-Williams-Proctor Arts Institute, Adirondack Scenic Railroad and Upstate Farms Dairy Plant. Whatever your interests may be there’s something for everyone in Utica!

Utica has an unemployment rate of 8.3%. The US average is 6.0%.

Utica has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 20.0%, which is lower than the US average of 33.5%.

Tax Rates for Utica
- The Sales Tax Rate for Utica is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Utica 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 Utica
- The average income of a Utica resident is $17,897 a year. The US average is $28,555 a year.
- The Median household income of a Utica resident is $43,509 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyUtica, New YorkUnited States
  8.36
  -4.7%-6.2%
  20.0%33.5%
  8.8%6.2%
  6.2%4.6%
  $23,872$37,638
  $43,509$69,021
  $53,333$85,028
  Population by Occupation
  0.1%1.2%
  0.2%0.5%
  3.8%6.8%
  9.7%10.0%
  0.9%2.5%
  13.7%11.0%
  3.4%4.8%
  0.4%0.8%
  1.2%1.9%
  6.1%4.7%
  2.7%1.9%
  4.9%7.6%
  0.0%0.1%
  2.9%4.2%
  9.0%9.3%
  20.4%14.0%
  3.7%2.1%
  8.7%7.0%
  4.5%4.8%
  3.7%4.7%
Reviews for Utica
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Utica has stabilized after a few decades of rather precipitous decline. It reached its peak population of just over 100,000 in 1960 but began a descent in subsequent  More

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I grew up in Utica and it is a great place to live and raise a family. There is a high immigrant population which has helped grow the city and make it very cultural. The  More

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The food is the best in the country, great parks, a zoo, it's own ski hill and great culture with the Stanley and Museum. Plus it's the gateway to the Adirondacks. I  More

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