Hammondsport, New York (14840) is a small town located in Steuben County. It has a population of around 578 people and offers a peaceful and picturesque atmosphere. The cost of living in the town is relatively low with average two bedroom rent being only $910 compared to the US average of $1,430. Grocery Cost Index in this area stands at 101 versus 100 in the US which means it is slightly more expensive than other parts of the country.\nThe town has a few local businesses including Hammondsport Hotel & Restaurant, Elan Vineyards and Winery, Finger Lakes Boating Center, Pulteney Point Winery & Distillery, and Hammondsport Ice Cream Shop. All these businesses offer residents various services that help them enjoy their life here as well as tourists who come regularly to enjoy the beautiful landscape. Overall, with its low cost of living and amazing natural beauty, Hammondsport makes for an ideal place to live or visit.
Hammondsport (zip 14840) has an unemployment rate of 6.7%. The US average is 6.0%.
Hammondsport (zip 14840) has seen the job market increase by 0.3% 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 Hammondsport (zip 14840)
- The Sales Tax Rate for Hammondsport (zip 14840) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Hammondsport (zip 14840) 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 Hammondsport (zip 14840)
- The average income of a Hammondsport (zip 14840) resident is $34,371 a year. The US average is $28,555 a year.
- The Median household income of a Hammondsport (zip 14840) resident is $66,136 a year. The US average is $69,021 a year.