Fenton, NY is a charming small town located in the heart of upstate New York. It boasts a wide range of conveniences and amenities that make life comfortable for its residents. The cost of living in Fenton is lower than other parts of the state; the median 2-bedroom rent is $1,060 compared to the US median of $1,430. Furthermore, Fenton's Grocery Cost Index is 98 compared to 100 in the US. This makes it an attractive option for those looking to settle down in a new place without breaking the bank.
Fenton is home to many local businesses that play a key role in providing essential services for its citizens. Companies like Fenton Auto Supply, Fenton Pharmacy, and Fenton Printing Co. are just a few examples within the town’s bustling local economy. With its convenient location and low cost of living, Fenton is an ideal destination for anyone looking to relocate or start a family.
Fenton has an unemployment rate of 7.0%. The US average is 6.0%.
Fenton has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 19.1%, which is lower than the US average of 33.5%.
Tax Rates for Fenton
- The Sales Tax Rate for Fenton is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Fenton 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 Fenton
- The average income of a Fenton resident is $27,710 a year. The US average is $28,555 a year.
- The Median household income of a Fenton resident is $58,450 a year. The US average is $69,021 a year.