Moravia, NY is a small town located in upstate New York. Despite being a small town, Moravia has plenty to offer residents. The cost of living is particularly attractive in Moravia as 2 bedroom rents are over 40% lower than the US average according to recent estimates. Additionally, grocery costs are right on par with the rest of the country despite its rural setting. Local businesses in Moravia are diverse and range from K&J Motors to Grapes & Grain Specialty Beer Store & Taproom. With its attractive cost of living and friendly local businesses, Moravia is a great place to live for those looking for an affordable but quaint community to call home.
Moravia has an unemployment rate of 6.6%. The US average is 6.0%.
Moravia 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 Moravia
- The Sales Tax Rate for Moravia is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Moravia 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 Moravia
- The average income of a Moravia resident is $19,757 a year. The US average is $28,555 a year.
- The Median household income of a Moravia resident is $64,423 a year. The US average is $69,021 a year.