Zip 13640 (Wellesley Island, NY) Economy


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United States / New York / Watertown-Fort Drum Metro Area / Jefferson County / No City / Wellesley Island (zip 13640)
13640 Wellesley Island, NY is a wonderful place to call home. Located in the beautiful Thousand Islands region of New York State, this unique community offers all of the advantages of living in the city without sacrificing a sense of tranquility and peace. In 13640 Wellesley Island, NY you will find affordable two-bedroom rents averaging around $1,070 which is significantly lower than the US average of $1,430. Additionally, grocery costs are slightly lower than the US average with an index score of 105 versus 100.
There are plenty of businesses and attractions to visit in 13640 Wellesley Island, NY. Some popular local companies include The Antique Boat Museum & Store, The Grenadier Restaurant & Marina and Thousand Islands River Rat Cheese Factory. Businesses offering services such as massage therapy, boat rentals or medical care can be found at places like Medvec Wellness Center or The Spa at 1000 Islands Harbor Hotel. For those looking for entertainment there’s always Boldt Castle, where visitors can explore underground tunnels and climb winding staircases to see stunning views from atop historic walls.

Wellesley Island (zip 13640) has an unemployment rate of 7.1%. The US average is 6.0%.

Wellesley Island (zip 13640) 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 Wellesley Island (zip 13640)
- The Sales Tax Rate for Wellesley Island (zip 13640) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Wellesley Island (zip 13640) 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 Wellesley Island (zip 13640)
- The average income of a Wellesley Island (zip 13640) resident is $44,902 a year. The US average is $28,555 a year.
- The Median household income of a Wellesley Island (zip 13640) resident is $70,139 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWellesley Island, New YorkUnited States
  7.16
  -4.5%-6.2%
  16.3%33.5%
  8.0%6.2%
  6.2%4.6%
  $39,594$37,638
  $70,139$69,021
  $59,792$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  12.0%10.0%
  0.0%2.5%
  20.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  28.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  40.0%4.7%
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