Berlin, NY is a small town located in Rensselaer County with an estimated population of 2,140. It is a peaceful and quiet place, surrounded by historic sites and natural beauty. The rental cost for a 2 bedroom apartment in Berlin is just $1,170 which makes it more than 20% cheaper than the US average of $1,430 for the same type of accommodation. Additionally, the Grocery Cost Index in Berlin is on par with the US index of 100 making it very affordable to live here.
The town has some notable businesses including Berlin Corners Market which was established in 1852 making it one of the oldest stores in the area. There is also Big G’s Ice Cream truck that serves up delicious treats throughout the summer months and McNamee’s Pub & Restaurant which has been offering home-style cooking since 1988. These local companies make up a vital part of Berlin’s economy and are beloved by residents and visitors alike.
Berlin has an unemployment rate of 5.8%. The US average is 6.0%.
Berlin has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.
Tax Rates for Berlin
- The Sales Tax Rate for Berlin is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Berlin 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 Berlin
- The average income of a Berlin resident is $27,366 a year. The US average is $28,555 a year.
- The Median household income of a Berlin resident is $69,167 a year. The US average is $69,021 a year.