Zip 14741 (Great Valley, NY) Economy


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United States / New York / Olean Metro Area / Cattaraugus County / No City / Great Valley (zip 14741)
14741 Great Valley, NY is an ideal place to live if you're looking for a beautiful small town with plenty of amenities. It has a population of around 4,000 people and offers an array of local businesses and attractions. The two bedroom rent in the area is $800 which is significantly cheaper than the US average of $1430. The Grocery Cost Index is also below the national average at 99 versus 100 in the US. Popular local businesses include Big Daddy's Pizza, Fluvial Brewing Company, and Great Valley Hardware. Attractions in the area include Letchworth State Park, a nearby golf course, and historic architecture from days gone by. With its quaint charm and ample entertainment options, 14741 Great Valley, NY is an attractive destination for those seeking a more laid back lifestyle.

Great Valley (zip 14741) has an unemployment rate of 7.2%. The US average is 6.0%.

Great Valley (zip 14741) 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 Great Valley (zip 14741)
- The Sales Tax Rate for Great Valley (zip 14741) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Great Valley (zip 14741) 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 Great Valley (zip 14741)
- The average income of a Great Valley (zip 14741) resident is $30,346 a year. The US average is $37,638 a year.
- The Median household income of a Great Valley (zip 14741) resident is $67,230 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGreat Valley, 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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