Zip 14070 (Gowanda, NY) Economy


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United States / New York / Olean Metro Area / Cattaraugus County / No City / Gowanda (zip 14070)
Gowanda is a small village located in the southwestern corner of New York State. It is home to about 2,500 people and is close to Niagara Falls. The cost of living in Gowanda is below average for the country. A 2-bedroom apartment can be rented for approximately $820 per month, while the national average is $1,430 per month. Similarly, groceries are also cheaper in Gowanda with an index score of 96 compared to the US with 100. Local companies that can be found in Gowanda include Gowanda Harley-Davidson Inc., National Grid, and Enginuity Solutions LLC.

Gowanda (zip 14070) has an unemployment rate of 7.2%. The US average is 6.0%.

Gowanda (zip 14070) has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 15.6%, which is lower than the US average of 33.5%.

Tax Rates for Gowanda (zip 14070)
- The Sales Tax Rate for Gowanda (zip 14070) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Gowanda (zip 14070) 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 Gowanda (zip 14070)
- The average income of a Gowanda (zip 14070) resident is $26,760 a year. The US average is $37,638 a year.
- The Median household income of a Gowanda (zip 14070) resident is $51,988 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGowanda, New YorkUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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