Zip 13601 (Watertown, NY) Economy


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13601 Watertown, NY is located in Jefferson County and is the home of numerous local businesses. Rent for a 2 bedroom apartment in this area is an affordable $1,210 which is substantially lower than the US average at $1430. Grocery costs are also relatively low with the index at 99 rather than 100 for the US as a whole. Companies such as Health Direct Pharmacy, North Country Savings Bank, and Price Chopper Supermarkets have been staples of the community for many years now providing jobs to locals and essential services to keep it running.

Watertown (zip 13601) has an unemployment rate of 7.8%. The US average is 6.0%.

Watertown (zip 13601) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 16.7%, which is lower than the US average of 33.5%.

Tax Rates for Watertown (zip 13601)
- The Sales Tax Rate for Watertown (zip 13601) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Watertown (zip 13601) 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 Watertown (zip 13601)
- The average income of a Watertown (zip 13601) resident is $24,118 a year. The US average is $28,555 a year.
- The Median household income of a Watertown (zip 13601) resident is $53,813 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWatertown, New YorkUnited States
  7.86
  -4.5%-6.2%
  16.7%33.5%
  8.0%6.2%
  6.2%4.6%
  $30,393$37,638
  $53,813$69,021
  $69,128$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  6.6%6.8%
  6.9%10.0%
  1.6%2.5%
  15.9%11.0%
  2.4%4.8%
  0.4%0.8%
  2.4%1.9%
  2.7%4.7%
  1.5%1.9%
  4.0%7.6%
  0.1%0.1%
  3.3%4.2%
  9.5%9.3%
  17.9%14.0%
  0.6%2.1%
  9.8%7.0%
  4.8%4.8%
  9.0%4.7%
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