Zip 13746 (Chenango Forks, NY) Economy


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United States / New York / Binghamton Metro Area / Broome County / No City / Chenango Forks (zip 13746)
13746 Chenango Forks, NY is a small community located in the Southern Tier of New York. The area boasts a low cost of living with 2 bedroom rent at only $900 compared to the US average of $1,430. Additionally, grocery cost index in 13746 Chenango Forks, NY is 98 versus 100 in the US. This makes it an affordable place for those looking to move to a smaller town or retire.
The local economy is strong and diverse. Businesses such as Chenango Valley Central School District, Pritchard's Pharmacy, and Dandy Mini Mart are all based here. The school district provides education to the local children while Pritchard’s Pharmacy offers prescription services and Dandy Mini Mart deals with retail sales. Other businesses include J & M Auto Repair which provides automobile repair services and Whitney Point Gas Station which is focused on fuel sales. All contribute greatly to the prosperity of the local economy.

Chenango Forks (zip 13746) has an unemployment rate of 7.0%. The US average is 6.0%.

Chenango Forks (zip 13746) 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 19.1%, which is lower than the US average of 33.5%.

Tax Rates for Chenango Forks (zip 13746)
- The Sales Tax Rate for Chenango Forks (zip 13746) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Chenango Forks (zip 13746) 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 Chenango Forks (zip 13746)
- The average income of a Chenango Forks (zip 13746) resident is $23,277 a year. The US average is $28,555 a year.
- The Median household income of a Chenango Forks (zip 13746) resident is $53,525 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChenango Forks, New YorkUnited States
  76
  -5.8%-6.2%
  19.1%33.5%
  8.0%6.2%
  6.2%4.6%
  $35,376$37,638
  $53,525$69,021
  $65,938$85,028
  Population by Occupation
  2.7%1.2%
  0.0%0.5%
  13.1%6.8%
  24.9%10.0%
  0.6%2.5%
  7.7%11.0%
  1.3%4.8%
  0.0%0.8%
  0.0%1.9%
  6.0%4.7%
  0.9%1.9%
  1.4%7.6%
  0.0%0.1%
  2.4%4.2%
  12.4%9.3%
  13.6%14.0%
  0.0%2.1%
  2.4%7.0%
  7.0%4.8%
  3.6%4.7%
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