Barneveld, NY is a small town that offers its residents a peaceful and charming lifestyle. The local economy is mainly supported by businesses such as Barneveld Building Supply, Pappas Dairy Farm, and Rainbow Farms. With an average two bedroom rent of $1,180 in Barneveld, it is significantly lower than the US average of $1,430. Groceries in Barneveld are also slightly cheaper than most places in the US with a grocery cost index of 101 compared to 100 for the US as a whole. Overall, Barneveld has an affordable cost of living compared to many other places in the US.
Barneveld has an unemployment rate of 6.7%. The US average is 6.0%.
Barneveld has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.
Tax Rates for Barneveld
- The Sales Tax Rate for Barneveld is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Barneveld 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 Barneveld
- The average income of a Barneveld resident is $21,567 a year. The US average is $37,638 a year.
- The Median household income of a Barneveld resident is $45,313 a year. The US average is $69,021 a year.