Zip 12116 (Maryland, NY) Economy


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United States / New York / Oneonta Metro Area / Otsego County / No City / Maryland (zip 12116)
12116 Maryland, NY is located in the Capital Region of New York. It is known for its rich history and culture that dates back hundreds of years. With a population of just over 7,500 people, it is a diverse and vibrant community with plenty to offer. The two bedroom rent in 12116 Maryland is $1,020 which is lower than the national average of $1,430. Additionally, the grocery cost index in 12116 Maryland stands at 99 paying less than 100 as the national average. \nThe area has many local businesses to explore including The Iron Gate Inn, a cozy restaurant offering delicious dishes for brunch and dinner; Suburban Propane Energy Services that provides propane gas to homes and businesses; and One Stop Getaways, an award-winning travel agency specializing in family vacations. Whether you are looking for a meal or need assistance with your travel plans, 12116 Maryland has everything you need right at your fingertips!

Maryland (zip 12116) has an unemployment rate of 6.3%. The US average is 6.0%.

Maryland (zip 12116) has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 19.3%, which is lower than the US average of 33.5%.

Tax Rates for Maryland (zip 12116)
- The Sales Tax Rate for Maryland (zip 12116) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Maryland (zip 12116) 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 Maryland (zip 12116)
- The average income of a Maryland (zip 12116) resident is $24,573 a year. The US average is $28,555 a year.
- The Median household income of a Maryland (zip 12116) resident is $74,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMaryland, New YorkUnited States
  6.36
  -7.5%-6.2%
  19.3%33.5%
  8.0%6.2%
  6.2%4.6%
  $49,195$37,638
  $74,500$69,021
  $69,063$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  6.8%6.8%
  5.7%10.0%
  1.3%2.5%
  16.8%11.0%
  0.0%4.8%
  0.0%0.8%
  0.6%1.9%
  4.3%4.7%
  0.0%1.9%
  5.7%7.6%
  0.0%0.1%
  1.6%4.2%
  14.2%9.3%
  18.3%14.0%
  3.6%2.1%
  14.5%7.0%
  1.9%4.8%
  3.6%4.7%
Health