Newcomb, NY is a small town located in the northern part of New York State. It has a population of approximately 1200 people and offers a unique small-town feel. The cost of living is quite affordable. Renting a two bedroom apartment in Newcomb will only set you back $960 per month. The grocery cost index in Newcomb is 106, which is slightly higher than the US average of 100. However, this extra cost can be worth it considering the area’s peaceful atmosphere and great shopping opportunities. Local stores include the Nifty Nine Thrift Store, which sells clothing and other goods; Sherry's Supermarket, where you can find your everyday necessities; and Peterson's Bakery & Cafe for delicious baked goods and coffee. With its low rent prices and abundance of local businesses, Newcomb is a great place to live.
Newcomb has an unemployment rate of 6.8%. The US average is 6.0%.
Newcomb has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.
Tax Rates for Newcomb
- The Sales Tax Rate for Newcomb is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Newcomb 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 Newcomb
- The average income of a Newcomb resident is $24,751 a year. The US average is $28,555 a year.
- The Median household income of a Newcomb resident is $47,000 a year. The US average is $69,021 a year.