Zip 12434 (Grand Gorge, NY) Economy


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United States / New York / No Metro Area / Delaware County / No City / Grand Gorge (zip 12434)
12434 Grand Gorge, NY is a great place to live. The 2 bedroom rent is much lower than the US average of $1,430 at $840, making it more affordable for families looking to settle down in the area. In addition, there is a low Grocery Cost Index of 99 compared to the US, which means that food expenses can be kept to a minimum.
The area boasts several great local companies that offer products and services at competitive prices. For example, Dewey's Home Supplies is located nearby and offers a wide selection of quality home goods at an affordable rate. For those looking for fun activities, Wonderland Adventures provides outdoor excursions with a range of activities that suit all budgets. Finally, Grand Gorge Pizza & Pasta serves delicious Italian dishes at reasonable prices so you can enjoy a nice night out without breaking the bank.

Grand Gorge (zip 12434) has an unemployment rate of 6.5%. The US average is 6.0%.

Grand Gorge (zip 12434) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 20.1%, which is lower than the US average of 33.5%.

Tax Rates for Grand Gorge (zip 12434)
- The Sales Tax Rate for Grand Gorge (zip 12434) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Grand Gorge (zip 12434) 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 Grand Gorge (zip 12434)
- The average income of a Grand Gorge (zip 12434) resident is $19,395 a year. The US average is $28,555 a year.
- The Median household income of a Grand Gorge (zip 12434) resident is $40,638 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrand Gorge, New YorkUnited States
  6.56
  -4.5%-6.2%
  20.1%33.5%
  8.0%6.2%
  6.2%4.6%
  $26,269$37,638
  $40,638$69,021
  $75,089$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.9%6.8%
  9.1%10.0%
  0.0%2.5%
  9.1%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  15.4%9.3%
  28.6%14.0%
  2.9%2.1%
  0.0%7.0%
  7.9%4.8%
  24.1%4.7%
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