Fort Montgomery, NY is a small town located in Orange County with an estimated population of 3,000 people. It is known for its low cost of living and access to outdoor activities such as hiking, fishing, and camping. The average rent for a two bedroom apartment is $2,060 compared to the US average of $1,430. The grocery cost index in Fort Montgomery is 104 versus 100 in the US making it slightly more expensive than the national average. Local businesses include the popular restaurant “Oscar's”, which serves delicious home-cooked meals; “The Sweet Spot” Bakery; and “Crazy Joe's” Hardware Store. There are also plenty of outdoor activities to enjoy nearby like fishing at the Fish Creek Reservoir and camping at Highland Lakes State Park.
Fort Montgomery has an unemployment rate of 6.1%. The US average is 6.0%.
Fort Montgomery 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 28.6%, which is lower than the US average of 33.5%.
Tax Rates for Fort Montgomery
- The Sales Tax Rate for Fort Montgomery is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Fort Montgomery 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 Fort Montgomery
- The average income of a Fort Montgomery resident is $37,291 a year. The US average is $28,555 a year.
- The Median household income of a Fort Montgomery resident is $78,333 a year. The US average is $69,021 a year.