Allegany County, NY Economy


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United States / New York / No Metro Area / Allegany County / Cities / Zip Codes
Allegany, NY County is a great place to live and work in the Southern Tier of New York. With affordable two-bedroom rent at just $830 compared to the US average of $1,430, living here can be quite an economical option. It is also a great place to shop as the Grocery Cost Index is 96 compared to 100 on average for the entire country. There are many local businesses that provide a variety of services such as Allegany Motors, Anderson's Ice Cream, Red Jacket Orchard & Cider Mill, and Toole's Garage. These companies have been around for generations and help make Allegany County a wonderful place to live in.

Allegany County has an unemployment rate of 6.2%. The US average is 6.0%.

Allegany County has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 10.9%, which is lower than the US average of 33.5%.

Tax Rates for Allegany County
- The Sales Tax Rate for Allegany County is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Allegany County 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 Allegany County
- The average income of a Allegany County resident is $26,388 a year. The US average is $37,638 a year.
- The Median household income of a Allegany County resident is $54,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAllegany, New YorkUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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