Zip 13040 (Cincinnatus, NY) Economy


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United States / New York / Cortland Metro Area / Cortland County / No City / Cincinnatus (zip 13040)
13040 Cincinnatus, NY is an idyllic community located in Cortland County. The two-bedroom rent in this area is $930, which is much lower than the national average of $1,430. Additionally, grocery cost index in 13040 Cincinnatus, NY is 97 versus 100 in the US. This makes it a very affordable option for those looking to establish a home here.
The local companies around 13040 Cincinnatus, NY offer plenty of opportunities for employment and entertainment. The town has several restaurants including Chom's Thai Restaurant and Pick-a-Chef Eatery as well as retail stores like Friedman's Department Store and Yuhasz Hardware Store. There are also many other services available such as banking at First Bank and medical care provided by Cortland Regional Medical Center.
The scenic features of 13040 Cincinnatus are second to none with its rolling hillsides providing gorgeous views no matter which direction you look. The countryside surrounding the town boasts miles of beautiful farmland perfect for outdoor adventures such as camping, hiking and horseback riding. There are also plenty of fishing spots on nearby Lake Como perfect for catching some bass or trout during the summer months. With its low cost of living and abundance of natural beauty, 13040 Cincinnatus, NY is an ideal place to call home!

Cincinnatus (zip 13040) has an unemployment rate of 6.9%. The US average is 6.0%.

Cincinnatus (zip 13040) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 18.1%, which is lower than the US average of 33.5%.

Tax Rates for Cincinnatus (zip 13040)
- The Sales Tax Rate for Cincinnatus (zip 13040) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Cincinnatus (zip 13040) 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 Cincinnatus (zip 13040)
- The average income of a Cincinnatus (zip 13040) resident is $22,756 a year. The US average is $28,555 a year.
- The Median household income of a Cincinnatus (zip 13040) resident is $57,688 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCincinnatus, New YorkUnited States
  6.96
  -5.0%-6.2%
  18.1%33.5%
  8.0%6.2%
  6.2%4.6%
  $28,091$37,638
  $57,688$69,021
  $64,904$85,028
  Population by Occupation
  2.2%1.2%
  0.2%0.5%
  12.1%6.8%
  11.4%10.0%
  3.2%2.5%
  10.5%11.0%
  1.9%4.8%
  0.4%0.8%
  0.3%1.9%
  1.7%4.7%
  0.6%1.9%
  7.3%7.6%
  0.0%0.1%
  3.6%4.2%
  14.1%9.3%
  16.3%14.0%
  2.5%2.1%
  5.6%7.0%
  2.3%4.8%
  4.0%4.7%
Health