Zip 14707 (Allentown, NY) Economy


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United States / New York / No Metro Area / Allegany County / No City / Allentown (zip 14707)
Allentown, NY is a small town located in 14707 zip code area. It has a population of just over 2,000 people according to the last census. The median two bedroom rent price in Allentown is $840, which is significantly lower than the US average of $1430. The grocery cost index for Allentown is 95 versus 100 for the US as a whole.
Local businesses in the area include Amish Country Store, M T Farms Restaurant & Bar, A&M Homebrew Supply Co., and Allentown Town Hall Theatre. Amish Country Store offers a variety of items from toys to furniture and even its own-brand products. M T Farms Restaurant & Bar serves classic American dishes with plenty of homemade sides like macaroni salad and coleslaw. A&M Homebrew Supply Co provides all the equipment necessary to brew beer at home along with providing ingredients to make it from scratch. Allentown Town Hall Theatre offers live music performances from local artists in addition to theatre shows throughout the year.

Allentown (zip 14707) has an unemployment rate of 6.2%. The US average is 6.0%.

Allentown (zip 14707) has seen the job market decrease by -2.1% over the last year. Future job growth over the next ten years is predicted to be 10.9%, which is lower than the US average of 33.5%.

Tax Rates for Allentown (zip 14707)
- The Sales Tax Rate for Allentown (zip 14707) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Allentown (zip 14707) 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 Allentown (zip 14707)
- The average income of a Allentown (zip 14707) resident is $19,157 a year. The US average is $28,555 a year.
- The Median household income of a Allentown (zip 14707) resident is $49,167 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAllentown, New YorkUnited States
  6.26
  -3.7%-6.2%
  10.9%33.5%
  8.5%6.2%
  6.2%4.6%
  $24,618$37,638
  $49,167$69,021
  $49,167$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  15.0%6.8%
  20.0%10.0%
  0.0%2.5%
  10.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  10.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  25.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  20.0%4.7%
Health