Zip 14462 (Groveland, NY) Economy


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United States / New York / Rochester Metro Area / Livingston County / No City / Groveland (zip 14462)
14462 Groveland, NY is a small town located in the Finger Lakes region of New York state. The cost of living in this area is relatively low, with the average 2-bedroom rent rate being just $1,070 compared to the national average of $1,430. Additionally, the Grocery Cost Index in Groveland stands at 99 versus 100 for the United States as a whole. This makes it an attractive option for those looking for affordability and access to amenities. For shopping needs, residents of 14462 Groveland can take advantage of local companies such as Lake Country Market, The Shove Store, and Naughton’s Ace Hardware & Home Center. For dining out or grabbing a quick bite on the go, locals can check out establishments like Water Street Café and Joe’s Pizza & Subs.

Groveland (zip 14462) has an unemployment rate of 5.8%. The US average is 6.0%.

Groveland (zip 14462) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.

Tax Rates for Groveland (zip 14462)
- The Sales Tax Rate for Groveland (zip 14462) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Groveland (zip 14462) 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 Groveland (zip 14462)
- The average income of a Groveland (zip 14462) resident is $25,123 a year. The US average is $28,555 a year.
- The Median household income of a Groveland (zip 14462) resident is $76,600 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGroveland, New YorkUnited States
  5.86
  -5.5%-6.2%
  23.8%33.5%
  8.0%6.2%
  6.2%4.6%
  $27,698$37,638
  $76,600$69,021
  $78,594$85,028
  Population by Occupation
  5.6%1.2%
  0.7%0.5%
  8.9%6.8%
  9.6%10.0%
  0.0%2.5%
  7.7%11.0%
  2.1%4.8%
  0.0%0.8%
  1.6%1.9%
  1.6%4.7%
  0.0%1.9%
  5.1%7.6%
  0.0%0.1%
  1.2%4.2%
  6.8%9.3%
  9.3%14.0%
  0.9%2.1%
  17.9%7.0%
  3.0%4.8%
  17.9%4.7%
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