Russell, NY is a small town located in the Adirondack region of New York. It has a population of around 500 people and is known for its peaceful natural beauty. The town offers many amenities to its residents, including several local businesses. Some of these include the Russell Inn restaurant, Russell Lake Sporting Goods Store, Russell Valley Country Store, and JJ's Pizza Parlor. The cost of living in Russell is quite affordable with two bedroom rent averaging at $900 per month and grocery costs indexing at 96 when compared to the national average of 100. In other words, groceries are slightly cheaper in Russell than they are across the U.S. All in all, Russell provides an ideal home for those who value peace and community while still remaining close enough to larger cities for recreation and entertainment needs.
Russell has an unemployment rate of 6.7%. The US average is 6.0%.
Russell 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 20.9%, which is lower than the US average of 33.5%.
Tax Rates for Russell
- The Sales Tax Rate for Russell is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Russell 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 Russell
- The average income of a Russell resident is $22,036 a year. The US average is $28,555 a year.
- The Median household income of a Russell resident is $57,778 a year. The US average is $69,021 a year.