Watertown town, NY is an affordable city located just north of New York City. It is home to nearly 25,000 residents and is known for its family-friendly atmosphere and diverse culture. Watertown has a variety of local businesses and establishments that offer something for everyone. Popular local spots include Don Pedro's Mexican Restaurant, The Local Grind cafe, the Watertown Place mall, and the Empire State College. Additionally, 2 bedroom rental costs in Watertown are significantly lower than the US average; residents can expect to pay around $1,180 per month as opposed to the US average of $1,430. Similarly, grocery costs are also lower in this area with an index score of 99 compared to 100 nationally. Watertown town offers a unique mix of affordability and convenience that makes it a great place for people looking for a new home or an exciting getaway destination.
Watertown town has an unemployment rate of 7.1%. The US average is 6.0%.
Watertown town has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 16.3%, which is lower than the US average of 33.5%.
Tax Rates for Watertown town
- The Sales Tax Rate for Watertown town is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Watertown town 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 Watertown town
- The average income of a Watertown town resident is $31,869 a year. The US average is $28,555 a year.
- The Median household income of a Watertown town resident is $72,964 a year. The US average is $69,021 a year.