Copake Lake, NY is a beautiful small town with lots of outdoor activities to enjoy. The 2 bedroom rent in Copake Lake is $1,170, which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in Copake Lake is 105 versus 100 in the US. This means groceries are slightly more expensive than average but still affordable for most people. There are many local companies and restaurants in Copake Lake such as Mazzone Hardware Store, Hilltop Restaurant & Pub, and O’Hara’s Food Mart. Each offers high-quality products and services that residents have come to trust over the years.
Copake Lake has an unemployment rate of 5.3%. The US average is 6.0%.
Copake Lake has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.
Tax Rates for Copake Lake
- The Sales Tax Rate for Copake Lake is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Copake Lake 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 Copake Lake
- The average income of a Copake Lake resident is $31,439 a year. The US average is $28,555 a year.
- The Median household income of a Copake Lake resident is $114,125 a year. The US average is $69,021 a year.