Zip 14711 (Belfast, NY) Economy


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United States / New York / No Metro Area / Allegany County / No City / Belfast (zip 14711)
14711 Belfast, NY is a small town located in Allegany County with a population of 667. Despite being a small community, there are plenty of local businesses and opportunities for employment. The 2 bedroom rent price in 14711 Belfast, NY is $820 which is significantly lower than the US average rent price of $1,430. Furthermore, the Grocery Cost Index in 14711 Belfast, NY is 96 versus 100 in the US which indicates that cost of living in this area is relatively low. Notable businesses that operate in the area include Belfast Market & Deli, Sunoco Gas Station, and The Country Store. All these establishments provide quality services to locals and visitors alike.

Belfast (zip 14711) has an unemployment rate of 6.2%. The US average is 6.0%.

Belfast (zip 14711) 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 Belfast (zip 14711)
- The Sales Tax Rate for Belfast (zip 14711) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Belfast (zip 14711) 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 Belfast (zip 14711)
- The average income of a Belfast (zip 14711) resident is $18,844 a year. The US average is $28,555 a year.
- The Median household income of a Belfast (zip 14711) resident is $57,813 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBelfast, New YorkUnited States
  6.26
  -3.7%-6.2%
  10.9%33.5%
  8.5%6.2%
  6.2%4.6%
  $23,886$37,638
  $57,813$69,021
  $75,341$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  8.2%6.8%
  24.5%10.0%
  1.0%2.5%
  13.8%11.0%
  1.8%4.8%
  0.9%0.8%
  0.8%1.9%
  1.4%4.7%
  0.0%1.9%
  1.0%7.6%
  0.0%0.1%
  5.1%4.2%
  20.2%9.3%
  10.9%14.0%
  0.1%2.1%
  3.2%7.0%
  3.1%4.8%
  3.5%4.7%
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