Zip 14883 (Spencer, NY) Economy


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United States / New York / Binghamton Metro Area / Tioga County / No City / Spencer (zip 14883)
14883 Spencer, NY is a small town located in the Finger Lakes region. It's an attractive area for those looking for a peaceful place to live with access to local amenities and businesses. The average rent for a 2 bedroom apartment in 14883 Spencer, NY is $1,200 compared to the US average of $1,430 — making it an affordable choice. Additionally, the Grocery Cost Index in this area is 99 which is slightly lower than that of the US in general.
Local businesses and amenities include places like Meadowview Farm Market where you can purchase fresh produce or visit The Little Thrift Shoppe for secondhand goods. For outdoor enthusiasts there are several parks including Brooks Memorial Park and Cato Park which have picnic areas, playgrounds, trails and sports fields. 14883 Spencer, NY also provides easy access to wineries such as Glenora Wine Cellars and Lakewood Vineyards where visitors can enjoy a glass of local wine or take a tour of the vineyard.

Spencer (zip 14883) has an unemployment rate of 6.1%. The US average is 6.0%.

Spencer (zip 14883) has seen the job market decrease by -5.9% over the last year. Future job growth over the next ten years is predicted to be 18.8%, which is lower than the US average of 33.5%.

Tax Rates for Spencer (zip 14883)
- The Sales Tax Rate for Spencer (zip 14883) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Spencer (zip 14883) 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 Spencer (zip 14883)
- The average income of a Spencer (zip 14883) resident is $32,183 a year. The US average is $37,638 a year.
- The Median household income of a Spencer (zip 14883) resident is $62,183 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpencer, 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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