The small community of Moravia, NY has a population of just over 1,000 people. Located in central New York state, the area offers access to a variety of recreation options and activities for families. The cost of living is quite affordable in Moravia with two bedroom rent at just $940 per month. This is significantly lower than the US average which stands at $1,430 per month for a two bedroom rental. Additionally, the grocery cost index in Moravia is 99 compared to 100 for the US average which further adds to its affordability. The local economy within Moravia consists primarily of small businesses like Kay’s Family Restaurant, Better Bee Lawn Care, Jodi's Daycare & Preschool, Foster Brothers electric contractors and other services. Together these businesses help make the area economically prosperous for people looking to live here.
Moravia (zip 13118) has an unemployment rate of 6.6%. The US average is 6.0%.
Moravia (zip 13118) has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 16.6%, which is lower than the US average of 33.5%.
Tax Rates for Moravia (zip 13118)
- The Sales Tax Rate for Moravia (zip 13118) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Moravia (zip 13118) 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 Moravia (zip 13118)
- The average income of a Moravia (zip 13118) resident is $27,508 a year. The US average is $37,638 a year.
- The Median household income of a Moravia (zip 13118) resident is $62,708 a year. The US average is $69,021 a year.