Malone Metro Area, NY Economy


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United States / New York / Malone Metro Area / Counties / Cities / Zip Codes
Malone, NY Metro Area is an excellent place to live. With a two bedroom rent at $830 per month, it is much cheaper than the average US rent of $1,430. The Grocery Cost Index in Malone, NY Metro Area is 103 versus the US average of 100 which makes it slightly more expensive to purchase groceries in Malone. There are many local companies that people can work for including Walmart, Price Chopper Supermarkets, and North Country Auto Group. All in all Malone provides a good quality of life with a relatively low cost of living compared to other parts of the country.

Malone Metro Area has an unemployment rate of 6.5%. The US average is 6.0%.

Malone Metro Area has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.

Tax Rates for Malone Metro Area
- The Sales Tax Rate for Malone Metro Area is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Malone 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 Malone Metro Area
- The average income of a Malone Metro Area resident is $22,322 a year. The US average is $28,555 a year.
- The Median household income of a Malone Metro Area resident is $55,279 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMalone, New YorkUnited States
  6.56
  -4.8%-6.2%
  23.1%33.5%
  8.0%6.2%
  6.2%4.6%
  $27,826$37,638
  $55,279$69,021
  $67,911$85,028
  Population by Occupation
  3.8%1.2%
  0.1%0.5%
  5.5%6.8%
  3.7%10.0%
  0.9%2.5%
  13.5%11.0%
  3.6%4.8%
  0.5%0.8%
  1.0%1.9%
  1.6%4.7%
  1.2%1.9%
  3.0%7.6%
  0.0%0.1%
  3.2%4.2%
  14.0%9.3%
  17.6%14.0%
  2.3%2.1%
  6.7%7.0%
  3.9%4.8%
  13.9%4.7%
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