Glens Falls, NY is an up and coming city in New York state that offers a variety of opportunities for its citizens. The cost of living here is fairly low compared to the rest of the United States, with the average two-bedroom rent costing $1,130 per month versus a national average of $1,430. Additionally, prices at local grocery stores are lower than elsewhere in the country; Glens Falls' Grocery Cost Index is 99 against 100 nationally.
Those looking for work in Glens Falls have plenty of options, as there are several local businesses such as Dake Corp., Nexxus Group Inc., and Glens Falls Hospital that offer employment opportunities. With competitive rental rates and a low Grocery Cost Index, Glens Falls provides good value for money when it comes to living comfortably on a budget.
Glens Falls has an unemployment rate of 7.1%. The US average is 6.0%.
Glens Falls 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 23.1%, which is lower than the US average of 33.5%.
Tax Rates for Glens Falls
- The Sales Tax Rate for Glens Falls is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Glens Falls 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 Glens Falls
- The average income of a Glens Falls resident is $28,218 a year. The US average is $28,555 a year.
- The Median household income of a Glens Falls resident is $60,907 a year. The US average is $69,021 a year.