Indian Lake, NY is a beautiful small town located in upstate New York. It is home to a variety of businesses that help the community thrive. The cost of living in Indian Lake is quite affordable with 2 bedroom rents averaging $1,030, far below the US average of $1,430. In addition, grocery costs are around 101 compared to 100 on average in the US. Some local businesses include Indian lake IGA Grocery Store which offers many organic products at lower than market prices, and Smith's Hardware where you can find all your hardware needs for discounted prices. Overall Indian Lake is a great place to live with an affordable quality of life.
Indian Lake has an unemployment rate of 6.9%. The US average is 6.0%.
Indian Lake has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 5.8%, which is lower than the US average of 33.5%.
Tax Rates for Indian Lake
- The Sales Tax Rate for Indian Lake is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Indian Lake 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 Indian Lake
- The average income of a Indian Lake resident is $34,575 a year. The US average is $28,555 a year.
- The Median household income of a Indian Lake resident is $78,250 a year. The US average is $69,021 a year.