Halfmoon, NY Economy


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Halfmoon, NY is a wonderful place to call home. The average two bedroom rent is $1,400, which is slightly below the national average of $1,430. Additionally, the cost of groceries is more affordable in Halfmoon than other parts of the country according to their grocery cost index of 106 verses 100 in the US. This area features many local businesses and attractions that are sure to please. Popular attractions include Saratoga Race Course and Washington Park - both offering events throughout the year as well as tennis courts and picnic areas. Local businesses include Saratoga Computer Group Inc., Abracadabra Cleaning Services LLC., and Sysco Albany LLC., all popular for their quality services.

Halfmoon has an unemployment rate of 5.1%. The US average is 6.0%.

Halfmoon has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.

Tax Rates for Halfmoon
- The Sales Tax Rate for Halfmoon is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Halfmoon 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 Halfmoon
- The average income of a Halfmoon resident is $39,557 a year. The US average is $28,555 a year.
- The Median household income of a Halfmoon resident is $98,610 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHalfmoon, New YorkUnited States
  5.16
  -3.6%-6.2%
  27.6%33.5%
  4.0%6.2%
  6.2%4.6%
  $47,891$37,638
  $98,610$69,021
  $116,020$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  7.4%6.8%
  9.8%10.0%
  3.0%2.5%
  13.0%11.0%
  4.2%4.8%
  0.9%0.8%
  1.7%1.9%
  5.2%4.7%
  1.8%1.9%
  10.7%7.6%
  0.2%0.1%
  1.7%4.2%
  10.1%9.3%
  10.5%14.0%
  2.3%2.1%
  4.0%7.0%
  5.0%4.8%
  8.3%4.7%
Reviews for Halfmoon
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Grew up in Halfmoon, lived here for nearly 25 years. I have family stretching back about 150 years in the area. It's another one of those cases where developers got a  More

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