New Square, NY is a vibrant community situated in the northeast region of the United States. The city is known for its affordable housing prices, with two bedroom rentals averaging around $2,210 - significantly lower than the national average of $1,430. Additionally, living expenses are relatively low as New Square has a grocery cost index of 107 compared to 100 on average throughout the US. This makes it an ideal place for those looking to save money while still having access to all the amenities of a big city.
There are many local businesses and attractions that make New Square special. For employment opportunities there are organizations such as National Grid energy company, Long Island University Post Campus and Best Buy Electronics store. If you are in search of entertainment or sightseeing you can visit places like FXKart Bowling Alley or explore nearby Bethpage State Park. With numerous restaurants, cafes and shopping malls scattered throughout the city there is no shortage of activities to participate in.
New Square has an unemployment rate of 5.6%. The US average is 6.0%.
New Square 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 New Square
- The Sales Tax Rate for New Square is 8.4%. The US average is 7.3%.
- The Income Tax Rate for New Square 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 New Square
- The average income of a New Square resident is $5,867 a year. The US average is $28,555 a year.
- The Median household income of a New Square resident is $24,881 a year. The US average is $69,021 a year.