Zip 12945 (Lake Clear, NY) Economy


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United States / New York / Malone Metro Area / Franklin County / No City / Lake Clear (zip 12945)
Located in 12945 Lake Clear, NY, the 2 Bedroom Rent is $830, making it a great deal for families looking for an affordable living option. This quaint town has plenty of local businesses to offer giving residents enough employment opportunities. One of the largest employers in this area is Stewart’s Shops which specializes in convenience stores and food markets. They provide jobs such as store clerks, cashiers, delivery drivers, and stocking specialists. In addition to that there is High Peaks Resort which offers roles such as cooks, waiters, front desk staff members and baristas. The Grocery Cost Index in 12945 Lake Clear, NY is 106 versus 100 in the US; making it slightly more expensive than other towns but still within reasonable affordability for its inhabitants.

Lake Clear (zip 12945) has an unemployment rate of 6.5%. The US average is 6.0%.

Lake Clear (zip 12945) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.

Tax Rates for Lake Clear (zip 12945)
- The Sales Tax Rate for Lake Clear (zip 12945) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Lake Clear (zip 12945) 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 Lake Clear (zip 12945)
- The average income of a Lake Clear (zip 12945) resident is $41,324 a year. The US average is $28,555 a year.
- The Median household income of a Lake Clear (zip 12945) resident is $78,810 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLake Clear, New YorkUnited States
  6.56
  -4.8%-6.2%
  23.1%33.5%
  8.0%6.2%
  6.2%4.6%
  $35,008$37,638
  $78,810$69,021
  $78,512$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  10.3%6.8%
  0.0%10.0%
  0.0%2.5%
  7.9%11.0%
  4.7%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.9%1.9%
  4.7%7.6%
  0.0%0.1%
  22.4%4.2%
  12.2%9.3%
  13.6%14.0%
  4.2%2.1%
  9.3%7.0%
  0.0%4.8%
  9.8%4.7%
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