Glens Falls Metro Area, NY Economy


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United States / New York / Glens Falls Metro Area / Counties / Cities / Zip Codes
Glens Falls, NY Metro Area is a vibrant and bustling area located in Upstate New York. The area offers great living conditions with an average of two bedroom rent at $1,120 which is much lower than the US Average of $1,430. In terms of grocery cost index, Glens Falls has a slightly higher rating than the US index with 102 versus 100. Local businesses include Crailo State Historic Site, Blue Moon Cafe, and Factory Point National Bank. With its diverse and rich cultural scene, great amenities, and affordable housing options make Glens Falls such a desirable place to live.

Glens Falls Metro Area has an unemployment rate of 6.8%. The US average is 6.0%.

Glens Falls Metro Area has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 23.6%, which is lower than the US average of 33.5%.

Tax Rates for Glens Falls Metro Area
- The Sales Tax Rate for Glens Falls Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Glens Falls Metro Area 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 Glens Falls Metro Area
- The average income of a Glens Falls Metro Area resident is $27,335 a year. The US average is $28,555 a year.
- The Median household income of a Glens Falls Metro Area resident is $66,325 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGlens Falls, New YorkUnited States
  6.86
  -4.9%-6.2%
  23.6%33.5%
  4.0%6.2%
  6.2%4.6%
  $36,073$37,638
  $66,325$69,021
  $83,189$85,028
  Population by Occupation
  1.4%1.2%
  0.4%0.5%
  7.4%6.8%
  10.9%10.0%
  1.4%2.5%
  13.1%11.0%
  3.1%4.8%
  0.6%0.8%
  0.9%1.9%
  3.9%4.7%
  1.2%1.9%
  6.1%7.6%
  0.2%0.1%
  2.0%4.2%
  9.8%9.3%
  16.6%14.0%
  2.7%2.1%
  7.7%7.0%
  4.0%4.8%
  6.5%4.7%
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