Zip 13407 (Mohawk, NY) Economy


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13407 Mohawk, NY is an attractive area to live in. The average two-bedroom rent in the area is $850 which is much more affordable than the national average of $1,430. The Grocery Cost Index in 13407 Mohawk is 97 versus 100 in the US which makes it a great location for people looking for an economical and convenient lifestyle.
The town of Mohawk offers numerous amenities such as local businesses like Wal-Mart Supercenter, Price Chopper Supermarket and Applebee's. It also has numerous parks that offer great recreational activities such as Fort Herkimer Park and Danube River Overlook Park. Some notable attractions near 13407 Mohawk are the Adirondack Scenic Railroad, Old Forge Mountain Bike Park and Erie Canal Museum.

Mohawk (zip 13407) has an unemployment rate of 8.3%. The US average is 6.0%.

Mohawk (zip 13407) has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.

Tax Rates for Mohawk (zip 13407)
- The Sales Tax Rate for Mohawk (zip 13407) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Mohawk (zip 13407) 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 Mohawk (zip 13407)
- The average income of a Mohawk (zip 13407) resident is $28,410 a year. The US average is $37,638 a year.
- The Median household income of a Mohawk (zip 13407) resident is $65,434 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMohawk, 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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