Martinsburg, NY is a small town located in the Catskill Mountains of upstate New York. It has a population of just under 2,000 people and offers an ideal setting for those who appreciate the beauty of nature. The cost of living is lower than average when compared to other areas in the US, with a two bedroom rental rate standing at $880, and grocery costs indexing at 98. This makes it an attractive area for those who wish to enjoy a comfortable lifestyle without breaking the bank. Local businesses include Martinsburg Community Bank, Catskill Mountain Lodge & Resort, and Martinsburg Bicycle Shop.
Martinsburg has an unemployment rate of 7.6%. The US average is 6.0%.
Martinsburg 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 Martinsburg
- The Sales Tax Rate for Martinsburg is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Martinsburg 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 Martinsburg
- The average income of a Martinsburg resident is $24,654 a year. The US average is $28,555 a year.
- The Median household income of a Martinsburg resident is $69,022 a year. The US average is $69,021 a year.