Zip 12120 (Medusa, NY) Economy


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12120 Medusa, NY is a small town located in the Schoharie Valley. It is home to around 1,500 people, making it an ideal place for those looking for some peace and tranquility. The cost of living in 12120 Medusa, NY is fairly low with 2 bedroom rent averaging $1,130 while the US average is at $1,430. Additionally, the grocery cost index in this area is 101 versus 100 in the US. With its lower living costs and rural setting, 12120 Medusa, NY makes for a great place to live or visit.
The economy of 12120 Medusa is mainly supported by various local businesses such as Carter’s Country Store & Deli which provides groceries and deli items to the community; Hillside Gardens which offers landscaping services; and Indian Line Farm which sells organic produce from its sustainable farm. Locals also have access to a variety of services such as banks, salons, sporting goods stores and restaurants. With all these different businesses conveniently located in one small town, residents of 12120 Medusa are sure to find whatever they need without having to travel far away.

Medusa (zip 12120) has an unemployment rate of 5.7%. The US average is 6.0%.

Medusa (zip 12120) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 26.2%, which is lower than the US average of 33.5%.

Tax Rates for Medusa (zip 12120)
- The Sales Tax Rate for Medusa (zip 12120) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Medusa (zip 12120) 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 Medusa (zip 12120)
- The average income of a Medusa (zip 12120) resident is $32,256 a year. The US average is $28,555 a year.
- The Median household income of a Medusa (zip 12120) resident is $68,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMedusa, New YorkUnited States
  5.76
  -3.6%-6.2%
  26.2%33.5%
  8.0%6.2%
  6.2%4.6%
  $40,769$37,638
  $68,750$69,021
  $115,556$85,028
  Population by Occupation
  1.5%1.2%
  0.0%0.5%
  9.9%6.8%
  0.9%10.0%
  0.0%2.5%
  31.3%11.0%
  3.5%4.8%
  0.0%0.8%
  0.0%1.9%
  9.4%4.7%
  0.0%1.9%
  4.7%7.6%
  0.0%0.1%
  1.5%4.2%
  7.6%9.3%
  19.0%14.0%
  0.6%2.1%
  0.0%7.0%
  1.2%4.8%
  9.1%4.7%
Health