Ithaca Metro Area, NY Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / New York / Ithaca Metro Area / Counties / Cities / Zip Codes
Ithaca, NY Metro Area is a great city to live in; it has plenty of jobs, affordable housing and low cost of living. The median rent for a 2 bedroom apartment is $1,490 compared to the US average of $1,430. Furthermore, the Grocery Cost Index in Ithaca is 102 compared to 100 in the US. The city also offers many local services and companies such as Telco Enterprises Inc., Cayuga Medical Center, Hangar Theatre and GreenStar Co-op Café & Market. Ithaca has something for everyone with its beautiful parks and amazing nightlife activities – making this metro area one of the best places to live in America!

Ithaca Metro Area has an unemployment rate of 4.7%. The US average is 6.0%.

Ithaca Metro Area has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.

Tax Rates for Ithaca Metro Area
- The Sales Tax Rate for Ithaca Metro Area is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Ithaca Metro Area 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 Ithaca Metro Area
- The average income of a Ithaca Metro Area resident is $37,250 a year. The US average is $37,638 a year.
- The Median household income of a Ithaca Metro Area resident is $64,260 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIthaca, 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%
Health

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

© Best Places. All rights reserved.