Ledyard, NY is a small town located in Cayuga County, New York. It offers its residents an affordable cost of living with lower rental rates than the rest of the U.S., at $940 for a two bedroom apartment. Grocery costs also remain lower than average in Ledyard with a grocery cost index of 101 compared to 100 nationally.
The town is home to several businesses such as Ledyard Veterinary Services, Ledyard Energy & Lighting, and The Law Office of David J. Hodson. Residents can also enjoy local restaurants like The Brook Tavern on Main Street. In addition, there are plenty of outdoor activities to explore such as fishing, hiking and snowmobiling at nearby parks including Allen’s Creek Park and Biscayne Wildlife Management Area.
Overall, with its low rent prices and grocery costs combined with its many businesses and recreational activities, Ledyard is an ideal place to live for those looking for an affordable cost of living in a small town setting.
Ledyard has an unemployment rate of 6.6%. The US average is 6.0%.
Ledyard has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 16.6%, which is lower than the US average of 33.5%.
Tax Rates for Ledyard
- The Sales Tax Rate for Ledyard is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Ledyard 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 Ledyard
- The average income of a Ledyard resident is $25,477 a year. The US average is $28,555 a year.
- The Median household income of a Ledyard resident is $78,478 a year. The US average is $69,021 a year.