Valley Falls, NY is a small city situated in the Hudson Valley region of upstate New York. It is known for its scenic views of the Adirondack Mountains, as well as its charming downtown area full of local businesses. The cost of living is relatively low in Valley Falls, with 2 bedroom rent being $1,210 compared to $1,430 in the US. Additionally, the grocery cost index rates higher in Valley Falls than it does nationwide at 102 versus 100 respectively. Local businesses that are popular within the community include The Valley Falls Cafe, Rustic Ridge Winery & Vineyard, and Putnam Bar & Grill.
Valley Falls has an unemployment rate of 5.8%. The US average is 6.0%.
Valley Falls 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 26.0%, which is lower than the US average of 33.5%.
Tax Rates for Valley Falls
- The Sales Tax Rate for Valley Falls is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Valley Falls 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 Valley Falls
- The average income of a Valley Falls resident is $38,482 a year. The US average is $28,555 a year.
- The Median household income of a Valley Falls resident is $77,750 a year. The US average is $69,021 a year.