German, NY is a small town located in the Catskills region of New York State. It has a population of only 681 people as of 2019, making it an ideal place for those looking to escape the hustle and bustle of big city life. The cost of living here is much lower than in other parts of the country - 2 bedroom rent is only $860 compared to $1430 nationally! Grocery costs are also notably lower with a cost index of 97 versus 100 in the US. \n \nGerman is a great place to explore and shop locally. There are several independent stores such as the German General Store which offers local produce and goods, as well as outdoor gear from Green Mountain Outfitters and clothing from Mountain Threads. Shopping at these local establishments often means that customers can find items at lower prices than they would find in larger chain stores such as Walmart or Target. Additionally, these businesses provide valuable support to their community by creating jobs and investing in local initiatives.
German has an unemployment rate of 6.3%. The US average is 6.0%.
German has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 18.9%, which is lower than the US average of 33.5%.
Tax Rates for German
- The Sales Tax Rate for German is 8.0%. The US average is 7.3%.
- The Income Tax Rate for German 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 German
- The average income of a German resident is $21,889 a year. The US average is $28,555 a year.
- The Median household income of a German resident is $52,083 a year. The US average is $69,021 a year.