Fort Drum, NY is a small rural area located in Jefferson County. It is home to the United States Army’s 10th Mountain Division, providing unique opportunities for local businesses to support military personnel and their families. The rental cost for a two bedroom apartment is slightly higher than the US national average of $1,430 per month. Also, Fort Drum has a grocery cost index of 99 compared to 100 in the US. Local companies in Fort Drum include DRMM Real Estate Services, Antoinette's Floral Design, North Country Skin Care Solutions and H&H Home Improvements & Supply Company Inc. All these businesses provide excellent services that cater to the needs of its citizens and those stationed at Fort Drum.
Fort Drum has an unemployment rate of 7.1%. The US average is 6.0%.
Fort Drum has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 16.3%, which is lower than the US average of 33.5%.
Tax Rates for Fort Drum
- The Sales Tax Rate for Fort Drum is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Fort Drum 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 Fort Drum
- The average income of a Fort Drum resident is $18,278 a year. The US average is $28,555 a year.
- The Median household income of a Fort Drum resident is $53,167 a year. The US average is $69,021 a year.