Edmeston, NY is a small town located in Otsego County. It is known for its scenery, rural charm and close-knit community. It offers its residents a peaceful and laid-back atmosphere without sacrificing convenience. The 2 bedroom rent in Edmeston is much lower than the US average at $990 versus $1,430. Additionally the cost of living index is lower in Edmeston than the US with an index of 98 compared to 100.
The town boasts several local businesses such as Colegrove Construction Inc., TLC Landscape Services, and Cracker Barrel Country Store & Curiosities providing unique services to locals as well as tourists visiting from nearby cities. Shopping here is always an affordable experience as Edmeston is home to several discount stores like Central Oneonta Outlet Center where shoppers can find discounted top designer brands at unbeatable prices.
Edmeston has an unemployment rate of 6.3%. The US average is 6.0%.
Edmeston has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 19.3%, which is lower than the US average of 33.5%.
Tax Rates for Edmeston
- The Sales Tax Rate for Edmeston is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Edmeston 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 Edmeston
- The average income of a Edmeston resident is $23,992 a year. The US average is $28,555 a year.
- The Median household income of a Edmeston resident is $59,408 a year. The US average is $69,021 a year.