Woodsburgh, NY Economy


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Woodsburgh, NY is an ideal place to live with its affordable rental rates and low grocery cost index. At $2,720 per month for a two bedroom rental in Woodsburgh, it is significantly lower than the US average of $1,430. Additionally, groceries are about 12% less expensive in Woodsburgh compared to the rest of the country. This makes the area attractive to individuals and families looking for a comfortable place to settle down. Local businesses in Woodsburgh include The Baking Company, Jimmy's Pizza Place, and Gilbert's Grocery Store. These companies provide a variety of services that help make life more convenient for residents.

Woodsburgh has an unemployment rate of 5.9%. The US average is 6.0%.

Woodsburgh has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 28.3%, which is lower than the US average of 33.5%.

Tax Rates for Woodsburgh
- The Sales Tax Rate for Woodsburgh is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Woodsburgh 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 Woodsburgh
- The average income of a Woodsburgh resident is $88,173 a year. The US average is $28,555 a year.
- The Median household income of a Woodsburgh resident is $250,001 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWoodsburgh, New YorkUnited States
  5.96
  -6.6%-6.2%
  28.3%33.5%
  8.6%6.2%
  6.2%4.6%
  $144,337$37,638
  $250,001$69,021
  $250,001$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.7%6.8%
  12.1%10.0%
  16.6%2.5%
  3.6%11.0%
  0.4%4.8%
  0.0%0.8%
  0.4%1.9%
  7.6%4.7%
  4.9%1.9%
  12.6%7.6%
  0.0%0.1%
  1.3%4.2%
  6.5%9.3%
  25.1%14.0%
  0.9%2.1%
  2.5%7.0%
  2.2%4.8%
  0.4%4.7%
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