Derby, NY is a small town located in the western part of New York State. It is a peaceful area with a population of about 2,400 people. The local economy is mainly focused on agriculture and fishing and some locally owned businesses such as B & J Graziano's Grocery Store, Nocera's Pizza, and Williamsville Ice Cream Parlor. The 2 bedroom rent in Derby is much lower than the US average, at just $1,040 compared to $1,430 nationwide. Additionally, the Grocery Cost Index in Derby is also lower than the US average at 99 versus 100 nationally. This makes Derby quite an affordable place to live when it comes to cost of living.
Derby (zip 14047) has an unemployment rate of 7.2%. The US average is 6.0%.
Derby (zip 14047) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 24.4%, which is lower than the US average of 33.5%.
Tax Rates for Derby (zip 14047)
- The Sales Tax Rate for Derby (zip 14047) is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Derby (zip 14047) 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 Derby (zip 14047)
- The average income of a Derby (zip 14047) resident is $28,225 a year. The US average is $28,555 a year.
- The Median household income of a Derby (zip 14047) resident is $66,882 a year. The US average is $69,021 a year.