Zip 14616 (Rochester, NY) Economy


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United States / New York / Rochester Metro Area / Monroe County / No City / Rochester (zip 14616)
14616 Rochester, NY is a great place to live for anyone looking for affordable housing options. The 2 bedroom rent in the area is $1,190, which is much lower than the US average of $1,430. Moreover, the grocery cost index in Rochester is 98 compared to 100 in the US. This makes essential items more affordable than other cities across America.
The city of 14616 Rochester hosts a plethora of companies and local attractions that make living here worthwhile. Some notable companies include ESL Federal Credit Union located on West Ridge Road which provides banking services and Xerox located on State Street which offers office document solutions. There are also a few popular attractions such as the Seneca Park Zoo located on Goodman Street and many wineries nearby such as Casa Larga Vineyards located on Turk Hill Road.

Rochester (zip 14616) has an unemployment rate of 6.7%. The US average is 6.0%.

Rochester (zip 14616) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 23.5%, which is lower than the US average of 33.5%.

Tax Rates for Rochester (zip 14616)
- The Sales Tax Rate for Rochester (zip 14616) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Rochester (zip 14616) 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 Rochester (zip 14616)
- The average income of a Rochester (zip 14616) resident is $24,962 a year. The US average is $28,555 a year.
- The Median household income of a Rochester (zip 14616) resident is $57,819 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRochester, New YorkUnited States
  6.76
  -5.2%-6.2%
  23.5%33.5%
  8.0%6.2%
  6.2%4.6%
  $29,524$37,638
  $57,819$69,021
  $65,197$85,028
  Population by Occupation
  0.4%1.2%
  0.2%0.5%
  4.8%6.8%
  11.5%10.0%
  2.3%2.5%
  15.2%11.0%
  6.5%4.8%
  0.7%0.8%
  2.0%1.9%
  3.3%4.7%
  1.8%1.9%
  5.9%7.6%
  0.1%0.1%
  4.5%4.2%
  7.0%9.3%
  18.8%14.0%
  1.3%2.1%
  5.0%7.0%
  4.8%4.8%
  3.8%4.7%
Health