Peekskill, NY Economy


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Peekskill, NY is a small city located in Westchester County that has much to offer. It is home to renowned companies such as PepsiCo and IBM. Residents of Peekskill can expect to pay slightly more for housing than the national average, with an average of $1,860 for 2 bedroom rent versus the US average of $1,430. Additionally, food costs are slightly higher in Peekskill compared to the national average, with the Grocery Cost Index at 105 compared to 100 in most other parts of America. Despite these minor differences in cost of living, Peekskill offers a great quality of life with plenty of employment and entertainment opportunities.

Peekskill has an unemployment rate of 6.2%. The US average is 6.0%.

Peekskill 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 26.5%, which is lower than the US average of 33.5%.

Tax Rates for Peekskill
- The Sales Tax Rate for Peekskill is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Peekskill 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 Peekskill
- The average income of a Peekskill resident is $29,723 a year. The US average is $28,555 a year.
- The Median household income of a Peekskill resident is $75,642 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPeekskill, New YorkUnited States
  6.26
  -6.3%-6.2%
  26.5%33.5%
  4.4%6.2%
  6.2%4.6%
  $39,203$37,638
  $75,642$69,021
  $93,858$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  8.3%6.8%
  5.1%10.0%
  1.8%2.5%
  8.8%11.0%
  5.4%4.8%
  1.1%0.8%
  3.5%1.9%
  5.0%4.7%
  2.8%1.9%
  5.3%7.6%
  0.0%0.1%
  3.0%4.2%
  8.1%9.3%
  20.4%14.0%
  2.0%2.1%
  7.3%7.0%
  7.2%4.8%
  4.9%4.7%
Reviews for Peekskill
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Over 16 years ago

Peekskill has so much to offer, especially the east side, where you enjoy the amenities of suburban living with nearby towns like Cortlandt but with the lower taxes and  More

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