Hamilton County, NY Economy


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United States / New York / No Metro Area / Hamilton County / Cities / Zip Codes
Hamilton, NY County is a great place to live in for those looking for an affordable option. The average 2 bedroom rent in the county is $1,010 compared to $1,430 across the US. It also has a relatively low grocery cost index of 103 compared to the national average of 100. There are several companies operating in Hamilton, NY County such as Precision Valve Corporation, Kilmer's Machine and Tool Company, and D. Perkins Corporation. These businesses create jobs and contribute to the local economy while providing services to residents and visitors alike.

Hamilton County has an unemployment rate of 6.9%. The US average is 6.0%.

Hamilton County has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 5.8%, which is lower than the US average of 33.5%.

Tax Rates for Hamilton County
- The Sales Tax Rate for Hamilton County is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Hamilton 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 Hamilton County
- The average income of a Hamilton County resident is $29,974 a year. The US average is $28,555 a year.
- The Median household income of a Hamilton County resident is $62,841 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHamilton, New YorkUnited States
  6.96
  -5.2%-6.2%
  5.8%33.5%
  8.0%6.2%
  6.2%4.6%
  $30,476$37,638
  $62,841$69,021
  $77,173$85,028
  Population by Occupation
  4.7%1.2%
  1.6%0.5%
  21.2%6.8%
  3.1%10.0%
  0.4%2.5%
  5.8%11.0%
  2.8%4.8%
  0.7%0.8%
  1.4%1.9%
  2.2%4.7%
  3.0%1.9%
  2.6%7.6%
  0.0%0.1%
  4.1%4.2%
  12.6%9.3%
  10.0%14.0%
  2.3%2.1%
  8.2%7.0%
  4.0%4.8%
  9.3%4.7%
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