Gallatin, NY is a small town located in upper state New York that offers a high quality of living for its residents. Rent for two bedroom apartments in the area is quite affordable at $1,330 compared to the US average of $1,430. Grocery cost index in Gallatin is also relatively low with an index rating of 105 as opposed to 100 in the US. The town has several local businesses that cater to a variety of needs. For example, there is Gallatin Motors which specializes in all sorts of car repairs; Puck's Hardware Store which provides community members with all types of tools and hardware supplies; and Rabbit Run Cafe where locals can grab a bite to eat or just relax with friends. All these local businesses are essential parts of life in Gallatin, NY and offer services to help make life easier for everyone who lives there.
Gallatin has an unemployment rate of 5.3%. The US average is 6.0%.
Gallatin has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.
Tax Rates for Gallatin
- The Sales Tax Rate for Gallatin is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Gallatin 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 Gallatin
- The average income of a Gallatin resident is $31,325 a year. The US average is $28,555 a year.
- The Median household income of a Gallatin resident is $83,661 a year. The US average is $69,021 a year.