ZIP Code 13418

Households in ZIP code 13418, near Canastota, bring in a median income of $91,250, with per-capita income at $47,926. That earnings level pairs with a median home value of $131,300, so property taxes at the county's 2.27% rate work out to a smaller dollar figure than they would on a pricier house. Day-to-day purchases carry an 8.00% combined sales tax. Together, the two taxes pull from different sides of the budget: one tied to owning a home, the other to spending. A higher median income alongside a lower home value leaves a wider gap between what households earn and what they owe.