Zip 14731 (Ellicottville, NY) Economy


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United States / New York / Olean Metro Area / Cattaraugus County / No City / Ellicottville (zip 14731)
14731 Ellicottville is a small village situated in the foothills of the Allegheny Mountains. It boasts a population of just over 600 and offers beautiful views, as well as a great selection of outdoor activities. The rent for a two-bedroom apartment in Ellicottville is $770, significantly lower than the nationwide average of $1,430 per month. Local grocery stores such as Tops Markets, Dash's Markets and Wegmans Food Markets offer shoppers with items at good prices, with the cost index numbering 104 compared to 100 in the US. There are many businesses in Ellicottville that cater to both locals and visitors alike such as Holiday Valley Ski Resort and Tamarack Club, offering skiing and snowboard rentals during winter months. Additionally, there are many restaurants from which to choose including Blueberry Hill Pancake House and Rock City Pizza Co. Those looking to explore nature can visit Holimont or Allegany State Park. Ellicottville provides something for everyone!

Ellicottville (zip 14731) has an unemployment rate of 7.2%. The US average is 6.0%.

Ellicottville (zip 14731) has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 15.6%, which is lower than the US average of 33.5%.

Tax Rates for Ellicottville (zip 14731)
- The Sales Tax Rate for Ellicottville (zip 14731) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Ellicottville (zip 14731) 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 Ellicottville (zip 14731)
- The average income of a Ellicottville (zip 14731) resident is $37,613 a year. The US average is $37,638 a year.
- The Median household income of a Ellicottville (zip 14731) resident is $62,024 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEllicottville, New YorkUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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