Zip 14060 (Farmersville Station, NY) Economy


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United States / New York / Olean Metro Area / Cattaraugus County / No City / Farmersville Station (zip 14060)
14060 Farmersville Station, NY is a small rural town nestled in the rolling hills of Cattaraugus County with a population of just over 300 people. It is an ideal location for those seeking a peaceful environment to call home. The average 2 bedroom rent in the area is $800 per month which is well below the US average of $1,430. This makes it much more affordable for individuals or families looking to move here. Furthermore, grocery cost index in this area is 96 versus 100 in the US which indicates that groceries are more reasonably priced than elsewhere in the country.
Local businesses are few and far between but include K&P Automotive, The Shed Vape Shop & More, and Hyer Farms Nursery & Landscaping LLC all providing excellent services to community members. There's also a number of great restaurants and bars such as Grumpy’s Saloon and River City Grill serving delicious food and drinks. All these establishments provide locals with excellent services at competitive prices compared to larger cities nearby.

Farmersville Station (zip 14060) has an unemployment rate of 7.2%. The US average is 6.0%.

Farmersville Station (zip 14060) has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 15.6%, which is lower than the US average of 33.5%.

Tax Rates for Farmersville Station (zip 14060)
- The Sales Tax Rate for Farmersville Station (zip 14060) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Farmersville Station (zip 14060) 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 Farmersville Station (zip 14060)
- The average income of a Farmersville Station (zip 14060) resident is $22,077 a year. The US average is $28,555 a year.
- The Median household income of a Farmersville Station (zip 14060) resident is $50,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFarmersville Station, New YorkUnited States
  7.26
  -6.1%-6.2%
  15.6%33.5%
  8.5%6.2%
  6.2%4.6%
  $34,414$37,638
  $50,000$69,021
  $70,938$85,028
  Population by Occupation
  8.4%1.2%
  2.0%0.5%
  35.0%6.8%
  8.4%10.0%
  0.0%2.5%
  1.5%11.0%
  3.4%4.8%
  0.0%0.8%
  0.0%1.9%
  0.5%4.7%
  2.5%1.9%
  0.0%7.6%
  0.0%0.1%
  21.2%4.2%
  5.4%9.3%
  7.4%14.0%
  0.0%2.1%
  2.5%7.0%
  2.0%4.8%
  0.0%4.7%
Health