Watertown-Fort Drum Metro Area, NY Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / New York / Watertown-Fort Drum Metro Area / Counties / Cities / Zip Codes
Watertown-Fort Drum, NY Metro Area is an excellent choice for those looking to live in upstate New York. It offers a small-town atmosphere with close proximity to major metropolitan areas such as Syracuse and Rochester. The area has many recreational opportunities, including skiing, hiking, and fishing. In addition, the cost of living is extremely affordable; a two bedroom apartment can be rented for $1,220 per month compared to the national average of $1,430. Groceries are also significantly cheaper due to the index score of 99 versus 100 nationally. There are several local businesses in Watertown-Fort Drum such as C&J Trailer Sales and Marine Inc., which provides trailers and boats at reasonable prices; Northland Bowl & Entertainment Center offering bowling and arcade games; HUB International Insurance Services providing insurance services; and Salamanca City Central School District serving K-12 students in the area. With its lower cost of living, access to recreational activities, and numerous companies present - Watertown-Fort Drum is a great place to call home.

Watertown-Fort Drum Metro Area has an unemployment rate of 7.1%. The US average is 6.0%.

Watertown-Fort Drum Metro Area has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 16.3%, which is lower than the US average of 33.5%.

Tax Rates for Watertown-Fort Drum Metro Area
- The Sales Tax Rate for Watertown-Fort Drum Metro Area is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Watertown-Fort Drum 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 Watertown-Fort Drum Metro Area
- The average income of a Watertown-Fort Drum Metro Area resident is $23,681 a year. The US average is $28,555 a year.
- The Median household income of a Watertown-Fort Drum Metro Area resident is $58,271 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWatertown-Fort Drum, New YorkUnited States
  7.16
  -4.5%-6.2%
  16.3%33.5%
  8.0%6.2%
  6.2%4.6%
  $29,892$37,638
  $58,271$69,021
  $70,928$85,028
  Population by Occupation
  1.8%1.2%
  0.0%0.5%
  7.1%6.8%
  6.5%10.0%
  1.6%2.5%
  14.6%11.0%
  2.9%4.8%
  0.6%0.8%
  2.0%1.9%
  2.6%4.7%
  1.3%1.9%
  3.7%7.6%
  0.1%0.1%
  3.2%4.2%
  11.0%9.3%
  15.8%14.0%
  2.1%2.1%
  7.5%7.0%
  4.5%4.8%
  11.0%4.7%
Health