Waterford, NY is an excellent place to live. The rent for a 2 bedroom apartment is $1,220 which is below the US average of $1,430. Additionally, the cost of groceries in Waterford is relatively lower at 104 compared to 100 in the rest of the country. There are many local companies and businesses that make Waterford a great place to live. Notable establishments include Hillside Pub & Restaurant, Durkee's Convenience Store, Waterford Town Hall & Library, and Creekside Park & Recreation Center. These businesses all provide services to their community while enriching the lives of locals in Waterford.
Waterford has an unemployment rate of 5.1%. The US average is 6.0%.
Waterford has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.
Tax Rates for Waterford
- The Sales Tax Rate for Waterford is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Waterford 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 Waterford
- The average income of a Waterford resident is $39,886 a year. The US average is $37,638 a year.
- The Median household income of a Waterford resident is $68,650 a year. The US average is $69,021 a year.