Guilderland, NY Economy


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Guilderland, NY is a great place to live with plenty of attractions and businesses. The rent for a two bedroom apartment in Guilderland is slightly lower than the national average at $1,380 compared to $1,430. Grocery costs are also below average at 104 compared to 100 nationally. There are many local companies that make Guilderland a great place to live such as Crossgates Mall which has many stores and restaurants, Colonie Center Shopping mall for more shopping options, Walmart Supercenter for groceries, and Price Chopper for fresh produce. For those who love outdoor activities there are plenty of hiking trails such as Thacher Park, Indian Ladder Farms Trail, Five Rivers Environmental Education Center, Voorheesville Dam Trailhead. With all these amenities you can see why so many people choose to call Guilderland home.

Guilderland has an unemployment rate of 4.1%. The US average is 6.0%.

Guilderland has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 26.1%, which is lower than the US average of 33.5%.

Tax Rates for Guilderland
- The Sales Tax Rate for Guilderland is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Guilderland 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 Guilderland
- The average income of a Guilderland resident is $41,921 a year. The US average is $28,555 a year.
- The Median household income of a Guilderland resident is $94,606 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGuilderland, New YorkUnited States
  4.16
  -3.6%-6.2%
  26.1%33.5%
  8.0%6.2%
  6.2%4.6%
  $49,721$37,638
  $94,606$69,021
  $121,524$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  4.3%6.8%
  6.2%10.0%
  1.9%2.5%
  9.8%11.0%
  2.5%4.8%
  0.5%0.8%
  1.6%1.9%
  6.4%4.7%
  1.8%1.9%
  12.9%7.6%
  0.2%0.1%
  3.1%4.2%
  11.9%9.3%
  14.8%14.0%
  1.6%2.1%
  4.3%7.0%
  4.1%4.8%
  11.7%4.7%
Reviews for Guilderland
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We have lived in Guilderland for the last 4 yrs, our rent has increased 8% and even with a promotion for both of us my husbands and my wages have only gone up 11%.  More

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