Zip 13862 (Whitney Point, NY) Economy


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United States / New York / Binghamton Metro Area / Broome County / No City / Whitney Point (zip 13862)
13862 Whitney Point, NY is a small town located in southern New York state, near the border with Pennsylvania. The town has a population of just over 4,000 people and offers excellent living conditions to its residents. The two bedroom rent in the area is $890 per month which is significantly lower compared to the US average of $1,430 per month. This makes the area especially attractive to families looking for affordable housing. Local companies in 13862 Whitney Point, NY include businesses in various industries such as retail, hospitality services, construction, healthcare and education. For instance, there are retail stores like Family Dollar and Dollar General offering groceries at competitive prices due to the Grocery Cost Index of 98 versus 100 in the US. Other local businesses include Fairview Hospitality providing accommodation services and Brown Construction serving customers with all types of building projects. Lastly, residents have access to primary and secondary educational institutions such as Whitney Point Central High School and Otselic Valley Middle School.

Whitney Point (zip 13862) has an unemployment rate of 7.0%. The US average is 6.0%.

Whitney Point (zip 13862) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 19.1%, which is lower than the US average of 33.5%.

Tax Rates for Whitney Point (zip 13862)
- The Sales Tax Rate for Whitney Point (zip 13862) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Whitney Point (zip 13862) 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 Whitney Point (zip 13862)
- The average income of a Whitney Point (zip 13862) resident is $23,802 a year. The US average is $28,555 a year.
- The Median household income of a Whitney Point (zip 13862) resident is $51,972 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWhitney Point, New YorkUnited States
  76
  -5.8%-6.2%
  19.1%33.5%
  8.0%6.2%
  6.2%4.6%
  $28,522$37,638
  $51,972$69,021
  $65,104$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  8.0%6.8%
  14.8%10.0%
  3.8%2.5%
  10.0%11.0%
  5.4%4.8%
  0.2%0.8%
  1.1%1.9%
  3.4%4.7%
  1.8%1.9%
  5.0%7.6%
  0.0%0.1%
  4.8%4.2%
  12.6%9.3%
  16.5%14.0%
  1.1%2.1%
  2.3%7.0%
  3.3%4.8%
  5.1%4.7%
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