Star Lake, NY is a small town in the Adirondack region of upstate New York. The cost of living is lower than the national average, with 2-bedroom rent being $830 versus $1,430 in the US. Grocery cost index is also relatively low at 95 compared to 100 nationwide. There are several local businesses that call Star Lake home, including a craft brewery, a pet supply shop, and a holistic health center. For those looking for an affordable place to call home while still having access to local amenities, Star Lake is an attractive option.
Star Lake has an unemployment rate of 6.7%. The US average is 6.0%.
Star Lake 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 Star Lake
- The Sales Tax Rate for Star Lake is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Star Lake 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 Star Lake
- The average income of a Star Lake resident is $20,211 a year. The US average is $28,555 a year.
- The Median household income of a Star Lake resident is $42,431 a year. The US average is $69,021 a year.