Lyonsdale, NY is a small town located in the Adirondack region of New York state. It is known for its rural charm and close-knit community feel. The cost of living is quite low here, with two bedroom rents being around $920 compared to the US average of $1,430, and the Grocery Cost Index being 97 versus 100 in the US. Local companies include H&M Motors, Lyonsdale Speedway, Sunny Hill Market & Deli, and Black Mountain Equipment. These businesses offer local residents with job opportunities as well as services to the community. Living in Lyonsdale has many advantages such as its natural beauty, outdoor activities like hiking and skiing, quaint shops along Main Street for shopping or dining out, and an overall peaceful atmosphere.
Lyonsdale has an unemployment rate of 7.6%. The US average is 6.0%.
Lyonsdale has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Lyonsdale
- The Sales Tax Rate for Lyonsdale is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Lyonsdale 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 Lyonsdale
- The average income of a Lyonsdale resident is $17,902 a year. The US average is $28,555 a year.
- The Median household income of a Lyonsdale resident is $51,354 a year. The US average is $69,021 a year.