Zip 14895 (Wellsville, NY) Economy


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United States / New York / No Metro Area / Allegany County / No City / Wellsville (zip 14895)
Wellsville, NY is a small town in Allegany County. It has a population of just 1,489 people according to the 2010 census. For those looking to move to Wellsville, the average 2 bedroom rental is $740 per month - much lower than the US average of $1,430. Groceries are also cheaper in Wellsville with a Grocery Index of 95 compared to 100 in the US.
For potential residents looking for jobs, employment opportunities are available in both locally owned businesses and corporate outlets. Companies like Logan's Hardware Store and Gebbie Foundation provide services and goods within the community while larger companies such as Walmart and Lowe’s have stores nearby for those looking for more competitive wages. Additionally, Wellsville has several schools that employ teachers and support staff year round. With its low cost of living and plentiful job opportunities, Wellsville could be an attractive option for those searching for a new home or career change.

Wellsville (zip 14895) has an unemployment rate of 6.2%. The US average is 6.0%.

Wellsville (zip 14895) has seen the job market decrease by -2.1% over the last year. Future job growth over the next ten years is predicted to be 10.9%, which is lower than the US average of 33.5%.

Tax Rates for Wellsville (zip 14895)
- The Sales Tax Rate for Wellsville (zip 14895) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Wellsville (zip 14895) 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 Wellsville (zip 14895)
- The average income of a Wellsville (zip 14895) resident is $23,300 a year. The US average is $28,555 a year.
- The Median household income of a Wellsville (zip 14895) resident is $54,385 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWellsville, New YorkUnited States
  6.26
  -3.7%-6.2%
  10.9%33.5%
  8.5%6.2%
  6.2%4.6%
  $35,224$37,638
  $54,385$69,021
  $70,764$85,028
  Population by Occupation
  1.0%1.2%
  0.3%0.5%
  8.3%6.8%
  10.8%10.0%
  0.2%2.5%
  14.5%11.0%
  2.5%4.8%
  0.6%0.8%
  1.5%1.9%
  2.5%4.7%
  0.0%1.9%
  1.7%7.6%
  0.0%0.1%
  2.6%4.2%
  12.3%9.3%
  19.3%14.0%
  0.8%2.1%
  10.7%7.0%
  7.0%4.8%
  3.5%4.7%
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