Zip 13073 (Groton, NY) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / New York / Ithaca Metro Area / Tompkins County / No City / Groton (zip 13073)
13073 Groton, NY is an ideal place for those who are looking to settle down, as its cost of living is extremely affordable. The median 2 bedroom rent in 13073 Groton, NY is $1,240 compared to the US average of $1,430 per month. The Grocery Cost Index in 13073 Groton is also 100 versus 100 in the US, making it a great place for those on a budget. There are plenty of local companies that operate within the area like GreenStar Co-op Market and Dickson Brothers Farm Market which offer fresh produce at a fraction of the cost as a chain supermarket. All in all 13073 Groton offers its residents excellent value for money when it comes to living costs.

Groton (zip 13073) has an unemployment rate of 4.7%. The US average is 6.0%.

Groton (zip 13073) has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.

Tax Rates for Groton (zip 13073)
- The Sales Tax Rate for Groton (zip 13073) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Groton (zip 13073) 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 Groton (zip 13073)
- The average income of a Groton (zip 13073) resident is $31,965 a year. The US average is $37,638 a year.
- The Median household income of a Groton (zip 13073) resident is $63,692 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGroton, 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%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.