Freedom, NY is a small town in upstate New York with a close-knit community. It offers residents an affordable cost of living compared to other parts of the state and country. The average rent for a two-bedroom apartment in Freedom is $860 while it’s $1430 on average in the US. The grocery cost index in Freedom is 98 versus 100 in the US. Local businesses in the area include Freedom Pharmacy, Freedom Automotive Repair, and Freedom Pet Supply. With its low cost of living, affordable housing prices, and many local businesses, living in Freedom can be appealing for those looking for a more relaxed lifestyle outside of big cities.
Freedom has an unemployment rate of 7.2%. The US average is 6.0%.
Freedom has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 15.6%, which is lower than the US average of 33.5%.
Tax Rates for Freedom
- The Sales Tax Rate for Freedom is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Freedom 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 Freedom
- The average income of a Freedom resident is $21,057 a year. The US average is $28,555 a year.
- The Median household income of a Freedom resident is $64,159 a year. The US average is $69,021 a year.