Zip 14466 (Hemlock, NY) Economy


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14466 Hemlock, NY is a small town located in the Finger Lakes region of New York State. It has a population of just over 600 people and offers a peaceful, rural atmosphere for those who wish to escape the hustle and bustle of city living. The town is home to several small businesses, including a pharmacy and an Italian restaurant. The two bedroom rent in Hemlock is $950 - substantially less than the national average of $1,430 - making it an attractive option for those looking for affordable housing. Grocery cost index is also much lower than the national average; 100 in Hemlock compared to 100 on average in the United States. \nThe local community in Hemlock is very close knit, with many residents having lived there their whole lives. There are several events throughout the year such as farmers markets and art festivals that bring together the local community and offer great opportunities to experience traditional Finger Lakes culture.

Hemlock (zip 14466) has an unemployment rate of 5.8%. The US average is 6.0%.

Hemlock (zip 14466) 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 Hemlock (zip 14466)
- The Sales Tax Rate for Hemlock (zip 14466) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Hemlock (zip 14466) 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 Hemlock (zip 14466)
- The average income of a Hemlock (zip 14466) resident is $31,500 a year. The US average is $28,555 a year.
- The Median household income of a Hemlock (zip 14466) resident is $92,590 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHemlock, New YorkUnited States
  5.86
  -5.5%-6.2%
  23.8%33.5%
  7.5%6.2%
  6.2%4.6%
  $45,436$37,638
  $92,590$69,021
  $92,934$85,028
  Population by Occupation
  0.0%1.2%
  6.0%0.5%
  9.0%6.8%
  12.3%10.0%
  4.0%2.5%
  0.6%11.0%
  4.8%4.8%
  0.0%0.8%
  0.0%1.9%
  6.3%4.7%
  3.1%1.9%
  0.0%7.6%
  0.0%0.1%
  0.5%4.2%
  11.3%9.3%
  22.3%14.0%
  0.0%2.1%
  9.5%7.0%
  3.3%4.8%
  7.3%4.7%
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