Zip 14522 (Palmyra, NY) Economy


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United States / New York / Rochester Metro Area / Wayne County / No City / Palmyra (zip 14522)
14522 Palmyra, NY is a great town for anyone looking for an affordable place to live. The median two bedroom rent is only $990 per month, which is much lower than the US average of $1,430 per month. Residents can also take advantage of the low grocery cost index of 99 versus the US index of 100. The area has plenty to offer including a variety of local businesses such as the Upstate Animal Hospital, Palmyra Bike & Hike and M&M Cleaners. There are also several attractions nearby such as Jello Museum, Historic Canal Town of Palmyra and Palmyra Community Library. All in all, 14522 Palmyra, NY is a great place to live with its affordable housing and many amenities.

Palmyra (zip 14522) has an unemployment rate of 6.2%. The US average is 6.0%.

Palmyra (zip 14522) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.

Tax Rates for Palmyra (zip 14522)
- The Sales Tax Rate for Palmyra (zip 14522) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Palmyra (zip 14522) 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 Palmyra (zip 14522)
- The average income of a Palmyra (zip 14522) resident is $24,987 a year. The US average is $28,555 a year.
- The Median household income of a Palmyra (zip 14522) resident is $66,943 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPalmyra, New YorkUnited States
  6.26
  -5.6%-6.2%
  24.2%33.5%
  8.0%6.2%
  6.2%4.6%
  $38,916$37,638
  $66,943$69,021
  $88,792$85,028
  Population by Occupation
  0.8%1.2%
  0.0%0.5%
  9.7%6.8%
  10.6%10.0%
  5.0%2.5%
  16.0%11.0%
  3.0%4.8%
  0.6%0.8%
  0.6%1.9%
  4.0%4.7%
  0.4%1.9%
  2.8%7.6%
  0.0%0.1%
  3.0%4.2%
  10.3%9.3%
  16.1%14.0%
  1.5%2.1%
  7.1%7.0%
  5.3%4.8%
  3.4%4.7%
Health