Zip 14126 (Olcott, NY) Economy


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14126 Olcott, NY is a wonderful place to live with an affordable 2 bedroom rent of $1,120. The cost of living in this area is lower than the national average, as indicated by its Grocery Cost Index (98) being below the US average (100). Those looking to move here can find many local companies such as the Olcott Beach Carousel Park, Niagara River Cruises and Seaway Trail Adventures. This area also features several small businesses like Olcott Beach Trading Post and Little House Gifts & More. With its great amenities and communities, 14126 Olcott, NY is a great place to call home!

Olcott (zip 14126) has an unemployment rate of 7.7%. The US average is 6.0%.

Olcott (zip 14126) has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 22.8%, which is lower than the US average of 33.5%.

Tax Rates for Olcott (zip 14126)
- The Sales Tax Rate for Olcott (zip 14126) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Olcott (zip 14126) 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 Olcott (zip 14126)
- The average income of a Olcott (zip 14126) resident is $31,681 a year. The US average is $37,638 a year.
- The Median household income of a Olcott (zip 14126) resident is $74,205 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOlcott, 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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