Zip 14103 (Medina, NY) Economy


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Medina, NY is a small town located in western New York with a population of 6,232. It is known for its beautiful scenery and charming downtown area. The median 2 bedroom rent in Medina is $1,040, which is significantly lower than the US average of $1,430. People in Medina enjoy an affordable cost of living as the Grocery Cost Index is 97 compared to the US average of 100. There are numerous local businesses to explore such as the Box Factory Greenhouses & Farm Market, Kudrna’s Automotive Repair and The Stone Jug Wine Shop & Cafe, all providing unique offerings to locals and visitors alike. Medina offers its residents convenience and affordability making it a great place to live or visit.

Medina (zip 14103) has an unemployment rate of 7.1%. The US average is 6.0%.

Medina (zip 14103) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.

Tax Rates for Medina (zip 14103)
- The Sales Tax Rate for Medina (zip 14103) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Medina (zip 14103) 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 Medina (zip 14103)
- The average income of a Medina (zip 14103) resident is $22,106 a year. The US average is $28,555 a year.
- The Median household income of a Medina (zip 14103) resident is $54,387 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMedina, New YorkUnited States
  7.16
  -5.7%-6.2%
  24.1%33.5%
  8.0%6.2%
  6.2%4.6%
  $26,676$37,638
  $54,387$69,021
  $66,750$85,028
  Population by Occupation
  3.4%1.2%
  0.9%0.5%
  4.9%6.8%
  20.1%10.0%
  1.9%2.5%
  13.9%11.0%
  2.2%4.8%
  0.3%0.8%
  0.4%1.9%
  3.5%4.7%
  0.8%1.9%
  2.0%7.6%
  0.0%0.1%
  3.8%4.2%
  8.4%9.3%
  12.6%14.0%
  1.8%2.1%
  6.0%7.0%
  6.0%4.8%
  7.2%4.7%
Health