Lake Mohegan, NY is a small town located in Westchester County. It is an idyllic neighborhood with stunning views of the Hudson River and the Long Island Sound. With a population of approximately 5,000 people, Lake Mohegan offers an array of recreational and leisure activities such as canoeing, hiking, fishing and swimming. The cost of living here is slightly higher than the US with rent for two bedrooms costing around $2190 compared to $1430 nationally. Grocery costs are also high with an index score of 106 versus 100 for the US as a whole. Visitors to Lake Mohegan can find plenty to do like exploring the lake's rolling hills or visiting any one of its many restaurants and businesses including The Roost Smokehouse & Tavern, Mohegan Manor House and Durdams Orchard Farm Market. There are numerous parks nearby too making it a perfect place to relax and enjoy the beauty of nature.
Lake Mohegan has an unemployment rate of 6.2%. The US average is 6.0%.
Lake Mohegan 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 26.5%, which is lower than the US average of 33.5%.
Tax Rates for Lake Mohegan
- The Sales Tax Rate for Lake Mohegan is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Lake Mohegan 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 Lake Mohegan
- The average income of a Lake Mohegan resident is $38,662 a year. The US average is $28,555 a year.
- The Median household income of a Lake Mohegan resident is $139,135 a year. The US average is $69,021 a year.