McDonough, NY is a small town located in the state of New York. It offers a comfortable, hometown feel with plenty of local businesses and amenities to explore. Residents can find 2 bedroom rental homes for $820, which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in McDonough is 97 versus 100 in the US. The city is home to small businesses such as McDonough Café & Bakery, McDonough Antiques & Collectibles, and McDonough Hardware Store. The area also provides great outdoor activities like hiking at Bear Swamp State Forest or exploring the nearby Adirondack Mountains. There are also many parks and playgrounds for families to enjoy. With its low cost of living and ample amenities, McDonough is an ideal place to call home.
McDonough has an unemployment rate of 6.3%. The US average is 6.0%.
McDonough has seen the job market decrease by -3.1% over the last year. Future job growth over the next ten years is predicted to be 18.9%, which is lower than the US average of 33.5%.
Tax Rates for McDonough
- The Sales Tax Rate for McDonough is 8.0%. The US average is 7.3%.
- The Income Tax Rate for McDonough 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 McDonough
- The average income of a McDonough resident is $35,841 a year. The US average is $37,638 a year.
- The Median household income of a McDonough resident is $58,640 a year. The US average is $69,021 a year.