Zip 14843 (Hornell, NY) Economy


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Hornell, NY is a city in Steuben county with a population of 8,563. The cost of rent for a two bedroom apartment in Hornell is $840, which is much lower than the national average of $1,430. Grocery prices also tend to be more affordable as Hornell's grocery cost index is 95 versus the national average of 100. \nThis city is home to multiple companies such as Hornell Brewing Company, J&J Snack Foods Corporation, and National Refractories & Minerals. Tourists are drawn to the local attractions including Canisteo Riverwalk Trail System, Letchworth State Park, and Allegheny River Trail System.

Hornell (zip 14843) has an unemployment rate of 6.7%. The US average is 6.0%.

Hornell (zip 14843) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 20.1%, which is lower than the US average of 33.5%.

Tax Rates for Hornell (zip 14843)
- The Sales Tax Rate for Hornell (zip 14843) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Hornell (zip 14843) 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 Hornell (zip 14843)
- The average income of a Hornell (zip 14843) resident is $28,513 a year. The US average is $37,638 a year.
- The Median household income of a Hornell (zip 14843) resident is $53,247 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHornell, New YorkUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    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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