Zip 12997 (Wilmington, NY) Economy


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United States / New York / No Metro Area / Essex County / No City / Wilmington (zip 12997)
The small town of Wilmington, NY (zip code 12997) is an affordable place to live. The two bedroom rent here is only $920 compared to the nationwide average of $1,430. The cost of groceries in Wilmington is also lower than elsewhere in the US, with a grocery cost index of 108 versus 100 in the US. All this makes for a great value if you are looking to move to a new home. There are many local companies that call Wilmington home such as True North Financial Services, Chazy River Brewing Company, and Wilmington Woodworks. If you're looking for employment options after relocating, these businesses can provide great opportunities.

Wilmington (zip 12997) has an unemployment rate of 6.8%. The US average is 6.0%.

Wilmington (zip 12997) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.

Tax Rates for Wilmington (zip 12997)
- The Sales Tax Rate for Wilmington (zip 12997) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Wilmington (zip 12997) 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 Wilmington (zip 12997)
- The average income of a Wilmington (zip 12997) resident is $28,655 a year. The US average is $28,555 a year.
- The Median household income of a Wilmington (zip 12997) resident is $70,703 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWilmington, New YorkUnited States
  6.86
  -6.2%-6.2%
  23.8%33.5%
  8.0%6.2%
  6.2%4.6%
  $39,827$37,638
  $70,703$69,021
  $76,324$85,028
  Population by Occupation
  1.5%1.2%
  0.0%0.5%
  15.0%6.8%
  0.7%10.0%
  0.0%2.5%
  16.2%11.0%
  1.5%4.8%
  0.0%0.8%
  0.3%1.9%
  1.3%4.7%
  2.8%1.9%
  2.5%7.6%
  0.0%0.1%
  5.1%4.2%
  13.9%9.3%
  7.0%14.0%
  10.1%2.1%
  6.9%7.0%
  8.2%4.8%
  6.9%4.7%
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