Zip 12185 (Valley Falls, NY) Economy


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Valley Falls, NY (zip code 12185) is an attractive and affordable place to rent a two bedroom property. The average two bedroom rent in Valley Falls is $1,160, significantly lower than the national average of $1,430. Furthermore, the cost of goods in Valley Falls is slightly higher than the US average at 102 on the grocery cost index compared to 100 nationally. This makes it a great place for those looking for an affordable living situation while still being able to take advantage of local businesses and attractions. There are many companies located within 12185 that provide services such as healthcare, banking, retail and more. Valley Falls is home to Northwestern Mutual Life Insurance Company, Community Bank N.A., Price Chopper Supermarkets and Walmart Super Center; all providing excellent services and convenient shopping options for locals with competitive prices.

Valley Falls (zip 12185) has an unemployment rate of 5.8%. The US average is 6.0%.

Valley Falls (zip 12185) has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.

Tax Rates for Valley Falls (zip 12185)
- The Sales Tax Rate for Valley Falls (zip 12185) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Valley Falls (zip 12185) 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 Valley Falls (zip 12185)
- The average income of a Valley Falls (zip 12185) resident is $45,152 a year. The US average is $37,638 a year.
- The Median household income of a Valley Falls (zip 12185) resident is $81,504 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyValley Falls, 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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