Zip 14774 (Richburg, NY) Economy


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United States / New York / No Metro Area / Allegany County / No City / Richburg (zip 14774)
14774 Richburg, NY is an up and coming small town located in the Alleghany Highlands region. It has a population of about 1,400 and is known for its affordability and convenience. The 2 bedroom rent in this area averages around $720, much lower than the standard US average of $1,430 per month. In addition to that, the Grocery Cost Index here is 96 compared to the national average of 100, so groceries are even more affordable than the already low housing costs. This makes 14774 Richburg a great place for those on a budget who still want access to all the conveniences of modern life. Popular local businesses in 14774 Richburg include The Pines Deli for quick meals on-the-go, Engleside Florist for beautiful floral arrangements, and B&D Automotive for all your vehicle maintenance needs.

Richburg (zip 14774) has an unemployment rate of 6.2%. The US average is 6.0%.

Richburg (zip 14774) has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 10.9%, which is lower than the US average of 33.5%.

Tax Rates for Richburg (zip 14774)
- The Sales Tax Rate for Richburg (zip 14774) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Richburg (zip 14774) 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 Richburg (zip 14774)
- The average income of a Richburg (zip 14774) resident is $22,809 a year. The US average is $37,638 a year.
- The Median household income of a Richburg (zip 14774) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRichburg, New YorkUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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