Zip 13032 (Canastota, NY) Economy


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United States / New York / Syracuse Metro Area / Madison County / No City / Canastota (zip 13032)
Canastota, New York, a small village in Madison County, is an ideal place to live for those looking for a tranquil atmosphere. With a population of just over 3,000 people, Canastota is known for its friendly and tight-knit community. It's nearby amenities such as local stores, eateries, and other attractions make it a popular tourist destination as well. The two bedroom rent in Canastota averages $1,070 which is lower than the US average of $1,430. Additionally, the grocery cost index in Canastota stands at 98 versus 100 in the US.
The area boasts many great local businesses including Gorman’s Pizza and Deli Restaurant, Ginny’s Country Store & Bakery, and DeRuyter Oil & Gas. For outdoor activities and sightseeing opportunities there are also numerous attractions such as Chittenango Falls State Park which has beautiful waterfalls and hiking trails or the Kallet Civic Center that hosts concerts throughout the year. Visitors can also check out the Erie Canal Museum to learn about the history of Canastota’s role in this large engineering feat or take a trip to Oneida Lake to enjoy boating or fishing. All these great features make Canastota an ideal location for those seeking peaceful living away from noise and confusion of larger cities.

Canastota (zip 13032) has an unemployment rate of 6.3%. The US average is 6.0%.

Canastota (zip 13032) has seen the job market increase by 0.9% 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 Canastota (zip 13032)
- The Sales Tax Rate for Canastota (zip 13032) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Canastota (zip 13032) 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 Canastota (zip 13032)
- The average income of a Canastota (zip 13032) resident is $29,144 a year. The US average is $37,638 a year.
- The Median household income of a Canastota (zip 13032) resident is $64,358 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCanastota, New YorkUnited States
  6.36
  -4.6%-6.2%
  22.8%33.5%
  4.0%6.2%
  6.2%4.6%
  $29,144$37,638
  $64,358$69,021
  $74,057$85,028
  Population by Occupation
  2.8%1.2%
  1.0%0.5%
  9.1%6.8%
  8.6%10.0%
  2.0%2.5%
  9.9%11.0%
  5.2%4.8%
  2.3%0.8%
  1.1%1.9%
  6.7%4.7%
  0.5%1.9%
  2.8%7.6%
  0.2%0.1%
  3.3%4.2%
  7.8%9.3%
  13.8%14.0%
  4.3%2.1%
  8.2%7.0%
  6.6%4.8%
  3.8%4.7%
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