Essex, NY is a small village located in northeast New York State near Lake Champlain and the Adirondack Mountains. It is a popular destination for tourists who come to enjoy its stunning natural scenery and charming local businesses. The cost of living in Essex is quite reasonable with an average two-bedroom rent of just $920 compared to the US average of $1,430. Grocery costs are also relatively low with an index of 108 versus 100 in the US. Local businesses include North Country Smokehouse where you can find delicious smoked meats, K&K Deli which offers fresh frozen meals, and Schroon River Crafts which specializes in handmade crafts. All these businesses make life more enjoyable for everyone who lives in or visits Essex!
Essex has an unemployment rate of 6.8%. The US average is 6.0%.
Essex has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.
Tax Rates for Essex
- The Sales Tax Rate for Essex is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Essex 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 Essex
- The average income of a Essex resident is $30,562 a year. The US average is $28,555 a year.
- The Median household income of a Essex resident is $65,385 a year. The US average is $69,021 a year.