Zip 13694 (Waddington, NY) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
The small town of Waddington, NY offers a lower cost of living than other parts of the United States. The current 2 bedroom rent in Waddington is $910 which is significantly lower than the US median for 2 bedroom rents which currently sits at $1,430. In addition, the Grocery Cost Index in Waddington is 98 versus 100 in the US.
Living in Waddington comes with many benefits such as being able to purchase necessities at local companies like Thompson’s Hardware and Groceries, Clifton-Fine Hospital, Smart Services Inc., or St Lawrence Sportsman’s Club. These companies offer competitive prices due to the lower overhead costs associated with running a business in rural areas. For example, a gallon of milk from Thompson's Hardware will cost about $2.74 while a gallon would cost closer to $3.29 elsewhere in the United States.
Overall, 13694 Waddington offers residents much more affordable living conditions than most other parts of America due to its lower rental prices and grocery costs.

Waddington (zip 13694) has an unemployment rate of 6.7%. The US average is 6.0%.

Waddington (zip 13694) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 20.9%, which is lower than the US average of 33.5%.

Tax Rates for Waddington (zip 13694)
- The Sales Tax Rate for Waddington (zip 13694) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Waddington (zip 13694) 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 Waddington (zip 13694)
- The average income of a Waddington (zip 13694) resident is $35,836 a year. The US average is $37,638 a year.
- The Median household income of a Waddington (zip 13694) resident is $66,406 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWaddington, New YorkUnited States
  6.76
  -3.2%-6.2%
  20.9%33.5%
  8.0%6.2%
  6.2%4.6%
  $35,836$37,638
  $66,406$69,021
  $93,398$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.7%6.8%
  4.1%10.0%
  0.2%2.5%
  6.9%11.0%
  4.7%4.8%
  4.3%0.8%
  0.0%1.9%
  2.0%4.7%
  4.5%1.9%
  3.2%7.6%
  0.0%0.1%
  0.0%4.2%
  20.5%9.3%
  21.1%14.0%
  0.8%2.1%
  1.4%7.0%
  6.5%4.8%
  14.2%4.7%
Health