Zip 13205 (Syracuse, NY) Economy


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13205 Syracuse, New York is a great place to call home. The 2 bedroom rent in the area is $1,030 which is much lower than the US average of $1,430. This affordability makes it attractive to many renters. Grocery costs are also more affordable than the national average with an index score of 95 compared to 100. Local graduates and businesses enjoy access to some of the nation’s best universities and companies like Syracuse University, Bristol-Myer Squibb, Lockheed Martin, SRC Inc., and Upstate University Hospital. With its welcoming community and cost of living benefits 13205 Syracuse offers an ideal place for new graduates or anyone looking for a great place to call home.

Syracuse (zip 13205) has an unemployment rate of 8.6%. The US average is 6.0%.

Syracuse (zip 13205) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 21.3%, which is lower than the US average of 33.5%.

Tax Rates for Syracuse (zip 13205)
- The Sales Tax Rate for Syracuse (zip 13205) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Syracuse (zip 13205) 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 Syracuse (zip 13205)
- The average income of a Syracuse (zip 13205) resident is $18,671 a year. The US average is $28,555 a year.
- The Median household income of a Syracuse (zip 13205) resident is $33,874 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySyracuse, New YorkUnited States
  8.66
  -4.3%-6.2%
  21.3%33.5%
  8.0%6.2%
  6.2%4.6%
  $22,073$37,638
  $33,874$69,021
  $44,645$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  6.8%6.8%
  7.1%10.0%
  1.6%2.5%
  10.6%11.0%
  5.0%4.8%
  1.1%0.8%
  0.8%1.9%
  4.2%4.7%
  2.1%1.9%
  2.3%7.6%
  0.2%0.1%
  3.9%4.2%
  8.8%9.3%
  24.7%14.0%
  1.9%2.1%
  6.7%7.0%
  5.5%4.8%
  6.5%4.7%
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