Zip 13679 (Redwood, NY) Economy


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13679 Redwood, NY is a great place to live. It offers affordable rent for two bedrooms at $1,150 while the US average two bedroom rent is $1,430. You can also take advantage of the lower cost groceries in 13679 Redwood with a Grocery Cost Index of 98 compared to 100 in the US. Local businesses such as Redwood Home & Garden Supplies, Wholesome Foods Supermarket, and Cat's Clothing Store offer quality goods at competitive prices. With its reasonable rent and cost of living expenses, 13679 Redwood has something to offer everyone.

Redwood (zip 13679) has an unemployment rate of 7.1%. The US average is 6.0%.

Redwood (zip 13679) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 16.3%, which is lower than the US average of 33.5%.

Tax Rates for Redwood (zip 13679)
- The Sales Tax Rate for Redwood (zip 13679) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Redwood (zip 13679) 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 Redwood (zip 13679)
- The average income of a Redwood (zip 13679) resident is $22,162 a year. The US average is $28,555 a year.
- The Median household income of a Redwood (zip 13679) resident is $71,196 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRedwood, New YorkUnited States
  7.16
  -4.5%-6.2%
  16.3%33.5%
  8.0%6.2%
  6.2%4.6%
  $35,409$37,638
  $71,196$69,021
  $90,250$85,028
  Population by Occupation
  2.8%1.2%
  0.0%0.5%
  13.6%6.8%
  3.9%10.0%
  0.0%2.5%
  13.7%11.0%
  5.6%4.8%
  0.0%0.8%
  6.5%1.9%
  0.0%4.7%
  2.0%1.9%
  1.5%7.6%
  0.0%0.1%
  0.0%4.2%
  20.8%9.3%
  7.6%14.0%
  3.1%2.1%
  2.8%7.0%
  5.6%4.8%
  10.6%4.7%
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