Pike, NY is a small town located in Orange County with a population of approximately 1,000. The cost of living in Pike is relatively low compared to the US average as two bedroom rent is only $820 compared to the national average of $1430. Additionally, the grocery cost index in Pike is 97 versus 100 in the US. Despite its low cost of living, Pike offers residents many amenities including a variety of local businesses such as Corner Groceries, Jones Dry Goods and Jodie’s Department Store. All these businesses offer a wide selection of goods and services at competitive prices that make life more affordable for locals. In addition to its local shops, Pike also has several restaurants and cafes where residents can enjoy excellent food at affordable prices. All these factors combine to create an attractive option for those looking for a low cost place to live and work.
Pike has an unemployment rate of 6.7%. The US average is 6.0%.
Pike 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 20.6%, which is lower than the US average of 33.5%.
Tax Rates for Pike
- The Sales Tax Rate for Pike is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Pike 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 Pike
- The average income of a Pike resident is $23,621 a year. The US average is $28,555 a year.
- The Median household income of a Pike resident is $56,667 a year. The US average is $69,021 a year.