Walker Valley, NY is a small town located in Sullivan County. It is a popular destination for travelers and locals alike due to its close proximity to New York City. The cost of living here is relatively lower than that of the US as evidenced by the 2 bedroom rent in Walker Valley which is $1,700 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Walker Valley is 103 versus 100 in the US. This means goods are slightly more expensive here than in other parts of America. \nThe local economy mainly revolves around retail businesses such as McDonough's hardware store which has been serving the community since 1932 and New Life Furniture which offers quality furniture at affordable prices. Local restaurants include Bistro 46 and The Barn Bistro & Bar for fine dining experiences or relaxed cafes like The Farmers' Table with classic breakfast items like omelettes and pancakes. In short, Walker Valley offers something for everyone at reasonable prices making it an attractive place to live or visit.
Walker Valley has an unemployment rate of 6.2%. The US average is 6.0%.
Walker Valley 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 26.5%, which is lower than the US average of 33.5%.
Tax Rates for Walker Valley
- The Sales Tax Rate for Walker Valley is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Walker Valley 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 Walker Valley
- The average income of a Walker Valley resident is $35,381 a year. The US average is $28,555 a year.
- The Median household income of a Walker Valley resident is $111,620 a year. The US average is $69,021 a year.