Zip 12078 (Gloversville, NY) Economy


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12078 Gloversville, NY is a small city located in the foothills of the Adirondacks just south of Johnstown. It has a population of 15,403 according to the 2019 US Census and is known for its picturesque views and friendly people. The city offers affordable living with 2-bedroom rents averaging around $980 per month while groceries are slightly lower than the national average at 97 on the cost index. There are many local businesses that make up the economy of 12078 Gloversville including Johnson's Auto Repair, S&S Pawn Shop, DeLuca's Hardware Store, and Weeks' Diner. These businesses provide goods and services to locals as well as visitors from across the region.

Gloversville (zip 12078) has an unemployment rate of 7.6%. The US average is 6.0%.

Gloversville (zip 12078) has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.

Tax Rates for Gloversville (zip 12078)
- The Sales Tax Rate for Gloversville (zip 12078) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Gloversville (zip 12078) 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 Gloversville (zip 12078)
- The average income of a Gloversville (zip 12078) resident is $21,234 a year. The US average is $28,555 a year.
- The Median household income of a Gloversville (zip 12078) resident is $46,386 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGloversville, New YorkUnited States
  7.66
  -3.8%-6.2%
  20.4%33.5%
  8.0%6.2%
  6.2%4.6%
  $25,473$37,638
  $46,386$69,021
  $53,653$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  5.6%6.8%
  9.9%10.0%
  2.6%2.5%
  16.3%11.0%
  6.8%4.8%
  0.7%0.8%
  2.3%1.9%
  1.9%4.7%
  1.1%1.9%
  2.5%7.6%
  0.1%0.1%
  5.0%4.2%
  9.6%9.3%
  18.6%14.0%
  1.7%2.1%
  4.6%7.0%
  6.2%4.8%
  3.7%4.7%
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