Zip 14905 (West Elmira, NY) Economy


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14905 West Elmira, NY is a great place to call home. The city has a population of approximately 28,500 people and a variety of local businesses to choose from. For those looking for affordable housing, the average rent for two bedrooms in West Elmira is $1,080 compared with the US average of $1,430. Additionally, the grocery cost index in this area is 98 versus 100 in the US. Some popular local businesses include Maple City Market grocery store and Mallory's Restaurant & Pub. With its abundance of amenities and relatively low cost of living, West Elmira, NY provides many opportunities for families and individuals alike.

West Elmira (zip 14905) has an unemployment rate of 6.9%. The US average is 6.0%.

West Elmira (zip 14905) has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 11.6%, which is lower than the US average of 33.5%.

Tax Rates for West Elmira (zip 14905)
- The Sales Tax Rate for West Elmira (zip 14905) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for West Elmira (zip 14905) 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 West Elmira (zip 14905)
- The average income of a West Elmira (zip 14905) resident is $38,704 a year. The US average is $28,555 a year.
- The Median household income of a West Elmira (zip 14905) resident is $74,386 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWest Elmira, New YorkUnited States
  6.96
  -3.9%-6.2%
  11.6%33.5%
  8.0%6.2%
  6.2%4.6%
  $39,263$37,638
  $74,386$69,021
  $84,946$85,028
  Population by Occupation
  0.0%1.2%
  0.3%0.5%
  3.8%6.8%
  10.0%10.0%
  2.8%2.5%
  13.0%11.0%
  2.3%4.8%
  0.0%0.8%
  1.0%1.9%
  4.9%4.7%
  1.8%1.9%
  4.7%7.6%
  0.0%0.1%
  2.3%4.2%
  13.4%9.3%
  19.0%14.0%
  3.5%2.1%
  7.4%7.0%
  6.7%4.8%
  2.9%4.7%
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