Mount Ivy, NY is a small town located in Rockland County. It has a population of just over 5,000 people and offers residents an excellent quality of life. It is conveniently situated close to many major cities which offer plenty of amenities and entertainment options. The cost of living in Mount Ivy is higher than the US average but still relatively affordable when compared to other similar towns in New York State. For example, a two bedroom apartment rent will cost approximately $2,450 compared to the US national average of $1,430. Additionally, the Grocery Cost Index in Mount Ivy is 107 versus 100 for the US as a whole thanks to local companies like Foodtown Supermarket or G&D Grocery being able to keep their prices lower.
Mount Ivy has an unemployment rate of 5.6%. The US average is 6.0%.
Mount Ivy has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.
Tax Rates for Mount Ivy
- The Sales Tax Rate for Mount Ivy is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Mount Ivy 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 Mount Ivy
- The average income of a Mount Ivy resident is $32,828 a year. The US average is $28,555 a year.
- The Median household income of a Mount Ivy resident is $87,109 a year. The US average is $69,021 a year.