Dover, NY Economy


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Dover, NY is a small town located in Dutchess County. The town has an estimated population of 5,000 people and is known for its charming rural atmosphere. Despite its small size, Dover has plenty to offer when it comes to businesses and services. Popular local companies include Dutchess Auto Collision & Repair, Smith's Fort Hill Electric, and Dollinger Farms.
The cost of living in Dover is quite affordable compared to other towns around the area. Average two bedroom rent in the town is $1,330 while it's slightly higher at $1,430 in the United States. Food costs are also much lower with the Grocery Cost Index in Dover being 104 versus 100 in the US. All these factors make Dover a great place to live for those who want an affordable and peaceful lifestyle.

Dover has an unemployment rate of 5.8%. The US average is 6.0%.

Dover has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 28.1%, which is lower than the US average of 33.5%.

Tax Rates for Dover
- The Sales Tax Rate for Dover is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Dover 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 Dover
- The average income of a Dover resident is $27,603 a year. The US average is $28,555 a year.
- The Median household income of a Dover resident is $77,317 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDover, New YorkUnited States
  5.86
  -5.9%-6.2%
  28.1%33.5%
  8.1%6.2%
  6.2%4.6%
  $37,734$37,638
  $77,317$69,021
  $95,856$85,028
  Population by Occupation
  0.8%1.2%
  0.7%0.5%
  8.8%6.8%
  8.4%10.0%
  0.8%2.5%
  11.8%11.0%
  6.0%4.8%
  2.6%0.8%
  0.9%1.9%
  3.9%4.7%
  2.3%1.9%
  6.0%7.6%
  0.2%0.1%
  4.0%4.2%
  4.5%9.3%
  16.3%14.0%
  2.0%2.1%
  4.0%7.0%
  8.6%4.8%
  7.2%4.7%
Reviews for Dover
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Over 17 years ago

Very rural location. 45 minutes to closest shopping mall. 15 minutes to closest grocery store. Very little recreation for children and teens unless you drive 30 minutes  More

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