Belfast, NY is a small town located in the Finger Lakes region of New York. It is home to about 800 people and has a much lower cost of living than the rest of the state. The 2 bedroom rent in Belfast is only $830 compared to $1,430 in the US on average, and its Grocery Cost Index is 96, as opposed to 100 across the country. Local businesses include Old Man Rafferty's Restaurant & Pub, Bel-Ray Auto & Tire, and Sprague's Maple Farms which produces some of the finest maple syrup in the area. One of Belfast’s most popular destinations is Squaw Island Park, where visitors can enjoy fishing, swimming, picnicking and more along with panoramic views of Seneca Lake.
Belfast has an unemployment rate of 6.2%. The US average is 6.0%.
Belfast has seen the job market decrease by -2.1% over the last year. Future job growth over the next ten years is predicted to be 10.9%, which is lower than the US average of 33.5%.
Tax Rates for Belfast
- The Sales Tax Rate for Belfast is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Belfast 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 Belfast
- The average income of a Belfast resident is $19,004 a year. The US average is $28,555 a year.
- The Median household income of a Belfast resident is $57,604 a year. The US average is $69,021 a year.