Sanborn, NY is a quaint town in Niagara County with a population of around 5,000 people. It is located just a few miles from the Canadian border and offers many amenities for residents. The town has an array of businesses including food markets, gas stations, banks and restaurants. Additionally, Sanborn is home to several large corporations such as Nestle USA Inc., Baker Victory Services Inc. and Transformyx Business Solutions Inc. One of the unique aspects of Sanborn's economy is its affordability – two bedroom rental homes in Sanborn have an average monthly cost of $1,000 compared to the US average of $1,430. In addition to housing costs being lower than average, grocery costs are also significantly below the national index. All these factors make Sanborn a desirable place to live for those looking to save money while still enjoying all the advantages that come with living in Upstate New York.
Sanborn has an unemployment rate of 7.7%. The US average is 6.0%.
Sanborn has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 22.8%, which is lower than the US average of 33.5%.
Tax Rates for Sanborn
- The Sales Tax Rate for Sanborn is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Sanborn 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 Sanborn
- The average income of a Sanborn resident is $24,646 a year. The US average is $28,555 a year.
- The Median household income of a Sanborn resident is $80,750 a year. The US average is $69,021 a year.