Burke, NY Economy


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Burke, NY is a popular suburb in Upstate New York. It offers residents an affordable cost of living, with the average 2 bedroom rent being $840 compared to $1,430 in the US overall. Prices at local groceries are also relatively low, with a grocery cost index of 103 compared to 100 in the US. As such, Burke is an attractive place to live for those who want to save money while enjoying all that Upstate New York has to offer. Some popular businesses located in Burke include Crystal Run Healthcare, The UPS Store and Burger King.

Burke has an unemployment rate of 6.5%. The US average is 6.0%.

Burke has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.

Tax Rates for Burke
- The Sales Tax Rate for Burke is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Burke 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 Burke
- The average income of a Burke resident is $25,812 a year. The US average is $28,555 a year.
- The Median household income of a Burke resident is $61,944 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBurke, New YorkUnited States
  6.56
  -4.8%-6.2%
  23.1%33.5%
  8.0%6.2%
  6.2%4.6%
  $24,062$37,638
  $61,944$69,021
  $67,917$85,028
  Population by Occupation
  12.4%1.2%
  0.0%0.5%
  9.5%6.8%
  9.5%10.0%
  1.0%2.5%
  3.1%11.0%
  4.3%4.8%
  0.0%0.8%
  0.0%1.9%
  0.9%4.7%
  0.5%1.9%
  0.3%7.6%
  0.0%0.1%
  1.2%4.2%
  11.9%9.3%
  20.0%14.0%
  0.7%2.1%
  6.4%7.0%
  4.3%4.8%
  14.0%4.7%
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