Zip 12734 (Ferndale, NY) Economy


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United States / New York / No Metro Area / Sullivan County / No City / Ferndale (zip 12734)
12734 Ferndale, NY is a great place to live if you're looking for affordability. With an average 2 Bedroom rent of only $990, it's significantly cheaper than the US average of $1,430. Additionally, grocery costs are comparable to the rest of the country with an index of 100. The area is filled with many quaint shops and businesses that offers locals a unique shopping experience. Popular spots include Wagon Wheel Antiques and Country Store, with a wide range of collectibles from the 1700s to present day; Arnotts Dairy Barn for fresh baked goods, ice cream and specialty cheeses; and Tall Pines Farm for their delicious farm-to-table meals.

Ferndale (zip 12734) has an unemployment rate of 6.7%. The US average is 6.0%.

Ferndale (zip 12734) has seen the job market increase by 6.0% over the last year. Future job growth over the next ten years is predicted to be 41.0%, which is higher than the US average of 33.5%.

Tax Rates for Ferndale (zip 12734)
- The Sales Tax Rate for Ferndale (zip 12734) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Ferndale (zip 12734) 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 Ferndale (zip 12734)
- The average income of a Ferndale (zip 12734) resident is $23,929 a year. The US average is $37,638 a year.
- The Median household income of a Ferndale (zip 12734) resident is $55,298 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFerndale, New YorkUnited States
  6.76
  -7.1%-6.2%
  41.0%33.5%
  8.0%6.2%
  6.2%4.6%
  $23,929$37,638
  $55,298$69,021
  $85,086$85,028
  Population by Occupation
  10.7%1.2%
  0.0%0.5%
  7.4%6.8%
  0.0%10.0%
  1.3%2.5%
  7.0%11.0%
  7.0%4.8%
  0.0%0.8%
  0.0%1.9%
  1.5%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  14.7%4.2%
  20.8%9.3%
  11.6%14.0%
  0.0%2.1%
  0.0%7.0%
  12.3%4.8%
  5.9%4.7%
Health