Zip 13659 (Lorraine, NY) Economy


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13659 Lorraine, NY is a great place to live due to its low cost of rent and groceries. The 2 bedroom rent in this area is $1,050 compared to the US average, which is $1,430. Additionally, the grocery costs are significantly lower here at 97 points versus the US index of 100. This makes Lorraine an incredibly affordable place to call home.
The local economy of Lorraine is strong with companies such as American Massage Therapy Association, North Country Enterprises Inc., and Faccio Corporation providing jobs for residents. With such a wide range of employers available and with a low cost of living in Lorraine, this area is ideal for those looking to make their homes here without breaking the bank.

Lorraine (zip 13659) has an unemployment rate of 7.1%. The US average is 6.0%.

Lorraine (zip 13659) 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 16.3%, which is lower than the US average of 33.5%.

Tax Rates for Lorraine (zip 13659)
- The Sales Tax Rate for Lorraine (zip 13659) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Lorraine (zip 13659) 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 Lorraine (zip 13659)
- The average income of a Lorraine (zip 13659) resident is $22,055 a year. The US average is $28,555 a year.
- The Median household income of a Lorraine (zip 13659) resident is $56,094 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLorraine, New YorkUnited States
  7.16
  -4.5%-6.2%
  16.3%33.5%
  8.0%6.2%
  6.2%4.6%
  $28,315$37,638
  $56,094$69,021
  $62,500$85,028
  Population by Occupation
  8.7%1.2%
  1.1%0.5%
  9.8%6.8%
  10.4%10.0%
  2.2%2.5%
  12.0%11.0%
  4.9%4.8%
  0.5%0.8%
  0.0%1.9%
  2.2%4.7%
  0.0%1.9%
  2.2%7.6%
  0.0%0.1%
  0.0%4.2%
  9.3%9.3%
  11.5%14.0%
  0.0%2.1%
  13.1%7.0%
  4.4%4.8%
  7.7%4.7%
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