Independence, NY is a small town located in Orange County with a population of around 3,000. It is known for its rural lifestyle and beautiful natural landscape. The town offers a variety of activities such as hiking trails, fishing spots and small parks. \nThe average rent for a two-bedroom apartment in Independence is $730 per month which is much lower than the US average of $1,430. In addition, the cost of living index for groceries in Independence is 95 compared to 100 in the US, making it quite affordable to live here. \nSome local companies include Independence Services Inc., Local Produce Grocery and Dairy Farm, as well as several independent stores like Home Town Hardware Store and Liberty Printing Company. Furthermore, there are plenty of schools available including an elementary school and high school. All in all, Independence is an ideal place to live with its low rent prices and cost of living index along with its numerous recreational activities.
Independence has an unemployment rate of 6.2%. The US average is 6.0%.
Independence has seen the job market decrease by -2.1% over the last year. Future job growth over the next ten years is predicted to be 10.9%, which is lower than the US average of 33.5%.
Tax Rates for Independence
- The Sales Tax Rate for Independence is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Independence 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 Independence
- The average income of a Independence resident is $20,467 a year. The US average is $28,555 a year.
- The Median household income of a Independence resident is $54,583 a year. The US average is $69,021 a year.