Princetown, NY is an attractive place to live for many reasons. It has a relatively low cost of living compared to other areas in the US and offers access to many businesses and services. The average rent for a two bedroom apartment in Princetown is $1,230, while the US average is $1,430. Additionally, the grocery cost index in Princetown is 103 versus 100 in the US. Local businesses such as Applebee’s, Target, and Staples are all located within a few miles of Princetown offering convenience for residents. With its affordable rent prices and access to essential services and stores, Princetown offers an attractive option for those looking to save on their cost of living.
Princetown has an unemployment rate of 6.6%. The US average is 6.0%.
Princetown has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 25.9%, which is lower than the US average of 33.5%.
Tax Rates for Princetown
- The Sales Tax Rate for Princetown is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Princetown 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 Princetown
- The average income of a Princetown resident is $35,091 a year. The US average is $28,555 a year.
- The Median household income of a Princetown resident is $95,563 a year. The US average is $69,021 a year.