Mount Vernon, NY is an excellent choice for those looking to rent a 2 bedroom apartment. The city offers an affordable rent of $2,020 compared to the national average of $1,430. In addition to more affordable housing options, the city also has higher grocery cost index coming in at 106 versus 100 nationally. Mount Vernon also provides a variety of job opportunities at local companies such as Montefiore Mount Vernon Hospital, Lowes Home Improvement, and The Children’s Village. With its unique offerings and proximity to New York City, Mount Vernon is an ideal place to call home.
Mount Vernon has an unemployment rate of 9.4%. The US average is 6.0%.
Mount Vernon has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.
Tax Rates for Mount Vernon
- The Sales Tax Rate for Mount Vernon is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Mount Vernon 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 Mount Vernon
- The average income of a Mount Vernon resident is $27,059 a year. The US average is $28,555 a year.
- The Median household income of a Mount Vernon resident is $68,300 a year. The US average is $69,021 a year.