Chemung, New York (14825) is a small town located in Southern New York near the Pennsylvania border. It has an attractive atmosphere for homeowners and renters alike, with two bedroom rentals averaging around $940 per month. In comparison to the rest of the US, Chemung rental prices are quite affordable at nearly 40% less than the national average of $1,430. Additionally, grocery costs here are slightly lower than the national index at 97 versus 100 in the US.
Chemung is home to several local businesses such as Chemung Canal Trust Company, Twin Tiers Outfitters and Gill's Market & Deli which provide essential services and goods for locals living in this area. With such affordable rental rates and consistent access to goods and services, Chemung is an attractive option for those looking to save on their cost of living expenses while still enjoying all that this small town has to offer.
Chemung (zip 14825) has an unemployment rate of 6.9%. The US average is 6.0%.
Chemung (zip 14825) has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 11.6%, which is lower than the US average of 33.5%.
Tax Rates for Chemung (zip 14825)
- The Sales Tax Rate for Chemung (zip 14825) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Chemung (zip 14825) 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 Chemung (zip 14825)
- The average income of a Chemung (zip 14825) resident is $23,186 a year. The US average is $28,555 a year.
- The Median household income of a Chemung (zip 14825) resident is $69,526 a year. The US average is $69,021 a year.