Bridgewater, NY is a small town in the Hudson Valley region of New York State. It has a number of local shops and businesses that reflect its rural setting. For instance, The Bridgewater General Store offers locally sourced food and artisanal products, while the Bridgewater Inn provides comfortable accommodations for visitors. Additionally, Bridgewater has a grocery cost index of 98 compared to the national average of 100, making it an affordable place to live for those seeking respite from high urban costs. Housing is also fairly priced with two bedroom rent averaging $1,010 per month which is considerably lower than the US average of $1,430 per month. All in all Bridgewater offers an excellent quality of life at a modest cost.
Bridgewater has an unemployment rate of 6.7%. The US average is 6.0%.
Bridgewater has seen the job market decrease by -0.3% 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 Bridgewater
- The Sales Tax Rate for Bridgewater is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Bridgewater 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 Bridgewater
- The average income of a Bridgewater resident is $21,579 a year. The US average is $28,555 a year.
- The Median household income of a Bridgewater resident is $55,515 a year. The US average is $69,021 a year.