Highland Falls, NY is a small town located in Orange County. The area has a population of just over 3,000 people and offers residents a quiet and peaceful lifestyle. Two bedroom rent in the town is slightly higher than the US average at $1,670. Despite the high costs of living, grocery costs are relatively low with an index of 103 compared to 100 in the US.
Residents have access to many local businesses to accommodate their needs including Highland Falls Hardware Store, Highland Food Mart, and Fran’s Bakery & Café. There are also several banks such as First Bank & Trust Co., PNC Bank, and Wells Fargo Bank available for financial services located within the city limits. Additionally, visitors can enjoy some outdoor recreation activities at nearby Bear Mountain State Park or Thompson Pond Park. With its close proximity to New York City and various amenities available in Highland Falls, it has become an attractive destination for those looking for a suburban lifestyle without sacrificing convenience or entertainment options.
Highland Falls has an unemployment rate of 6.1%. The US average is 6.0%.
Highland Falls has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 28.6%, which is lower than the US average of 33.5%.
Tax Rates for Highland Falls
- The Sales Tax Rate for Highland Falls is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Highland 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 Highland Falls
- The average income of a Highland Falls resident is $35,706 a year. The US average is $28,555 a year.
- The Median household income of a Highland Falls resident is $96,068 a year. The US average is $69,021 a year.