The Utica-Rome, NY Metro Area is an excellent location for those looking to live comfortably while keeping costs low. On average, the 2 bedroom rent in Utica-Rome is approximately $960, which is significantly less than the US average of $1,430 for a 2 bedroom. Additionally, the Grocery Cost Index in Utica-Rome is 99 versus 100 in the US, adding to its affordability. The area is home to many well known companies such as Kraft Heinz Co., Nestle Purina PetCare Company and Fage USA Dairy Industry. There are also many small businesses that are local favorites like Tailored Tea & Coffee Co., Daniella's Woodfired Pizza and Amuse Restaurant Group.
Utica-Rome Metro Area has an unemployment rate of 7.0%. The US average is 6.0%.
Utica-Rome Metro Area 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 21.4%, which is lower than the US average of 33.5%.
Tax Rates for Utica-Rome Metro Area
- The Sales Tax Rate for Utica-Rome Metro Area is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Utica-Rome 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 Utica-Rome Metro Area
- The average income of a Utica-Rome Metro Area resident is $25,196 a year. The US average is $28,555 a year.
- The Median household income of a Utica-Rome Metro Area resident is $61,452 a year. The US average is $69,021 a year.