Stanford, NY is a city located in the state of New York. It is a small but vibrant city with an array of amenities and services for its residents. The two-bedroom rent in Stanford is $1,560 per month, which is higher than the national average of $1,430. Additionally, the grocery cost index in Stanford is 107 versus 100 nationally, making it slightly more expensive to purchase food items. Popular local businesses include the Stanford Downtown Shopping Center and Fluharty’s Grocery Store. Other notable establishments include the historic Stanford Inn and the Cafin Family Diner. Travelers may also enjoy visiting nearby parks such as Eastview Park or taking a stroll along the scenic trails at Westshore Nature Preserve.
Stanford has an unemployment rate of 5.8%. The US average is 6.0%.
Stanford has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 28.1%, which is lower than the US average of 33.5%.
Tax Rates for Stanford
- The Sales Tax Rate for Stanford is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Stanford 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 Stanford
- The average income of a Stanford resident is $39,608 a year. The US average is $28,555 a year.
- The Median household income of a Stanford resident is $87,938 a year. The US average is $69,021 a year.