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 decrease by -5.6% 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 $38,916 a year. The US average is $37,638 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
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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