Zip 14781 (Sherman, NY) Economy


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14781 Sherman, NY is a small town located in Chautauqua County. The 2 Bedroom Rent in this area is relatively low at $840 compared to the US average of $1,430, making it an affordable option for those looking to live here. Additionally, the Grocery Cost Index is 97 versus 100 in the US, also making it an appealing place to live for people who are looking to save money. Those looking for housing and grocery options in 14781 Sherman can find many local companies that offer these services including Werner Construction & Rental Corp., Frewsburg Lumber Co., and White Meadows Farm Market. These companies provide quality housing and grocery services at competitive prices that make living in 14781 Sherman an attractive option.

Sherman (zip 14781) has an unemployment rate of 7.4%. The US average is 6.0%.

Sherman (zip 14781) has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 12.7%, which is lower than the US average of 33.5%.

Tax Rates for Sherman (zip 14781)
- The Sales Tax Rate for Sherman (zip 14781) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Sherman (zip 14781) 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 Sherman (zip 14781)
- The average income of a Sherman (zip 14781) resident is $19,637 a year. The US average is $28,555 a year.
- The Median household income of a Sherman (zip 14781) resident is $49,605 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySherman, New YorkUnited States
  7.46
  -6.9%-6.2%
  12.7%33.5%
  8.0%6.2%
  6.2%4.6%
  $25,310$37,638
  $49,605$69,021
  $67,411$85,028
  Population by Occupation
  5.6%1.2%
  0.3%0.5%
  16.6%6.8%
  18.0%10.0%
  0.5%2.5%
  9.2%11.0%
  4.0%4.8%
  1.6%0.8%
  0.9%1.9%
  3.6%4.7%
  1.8%1.9%
  0.4%7.6%
  0.0%0.1%
  3.8%4.2%
  7.1%9.3%
  7.6%14.0%
  5.4%2.1%
  5.3%7.0%
  4.8%4.8%
  3.5%4.7%
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