Amsterdam town, NY Economy


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\nAmsterdam town, NY is a cozy and affordable community located in the state of New York. The 2 bedroom rent in Amsterdam town is significantly lower than the US average at $1,070 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Amsterdam town is also lower than the national average, at 99 versus 100. This makes it an ideal place to live for those looking for an inexpensive place to call home. Notable local companies include Mohawk Valley Distributors Inc., Empire State Erectors, and G&F Foods.

Amsterdam town has an unemployment rate of 7.8%. The US average is 6.0%.

Amsterdam town 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 27.8%, which is lower than the US average of 33.5%.

Tax Rates for Amsterdam town
- The Sales Tax Rate for Amsterdam town is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Amsterdam 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 Amsterdam town
- The average income of a Amsterdam town resident is $29,881 a year. The US average is $28,555 a year.
- The Median household income of a Amsterdam town resident is $62,097 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAmsterdam town, New YorkUnited States
  7.86
  -4.8%-6.2%
  27.8%33.5%
  8.0%6.2%
  6.2%4.6%
  $34,439$37,638
  $62,097$69,021
  $73,669$85,028
  Population by Occupation
  0.5%1.2%
  1.4%0.5%
  4.6%6.8%
  6.0%10.0%
  1.6%2.5%
  16.0%11.0%
  5.2%4.8%
  1.2%0.8%
  0.5%1.9%
  3.2%4.7%
  2.7%1.9%
  7.5%7.6%
  0.9%0.1%
  2.4%4.2%
  11.9%9.3%
  13.2%14.0%
  0.8%2.1%
  1.1%7.0%
  10.2%4.8%
  9.1%4.7%
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