Peach Lake, NY is a beautiful small town located about 60 miles north of New York City. The town boasts a tranquil atmosphere and plenty of amenities for its residents. Not only is the 2 bedroom rent more expensive than the US average ($2,350 compared to $1,430), but groceries are also more expensive at 106 compared to the national average of 100. Despite this, Peach Lake's cost of living is still lower than much of the surrounding cities.
Local businesses include Pearson’s Country Store which offers groceries and other general merchandise, as well as restaurants such as Gianni’s Pizza & Restaurant and Tuxedo Ridge Ski Center which provides skiing and snowboarding activities from December through March. There are also several parks in the area such as Peach Lake Park and Croton Point Park offering recreational activities for people of all ages.
Peach Lake has an unemployment rate of 5.5%. The US average is 6.0%.
Peach Lake has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Peach Lake
- The Sales Tax Rate for Peach Lake is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Peach Lake 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 Peach Lake
- The average income of a Peach Lake resident is $42,509 a year. The US average is $28,555 a year.
- The Median household income of a Peach Lake resident is $107,670 a year. The US average is $69,021 a year.