Niles, NY is an affordable place to live with a cost of living that's lower than the national average. The median rent for a two-bedroom apartment in Niles is $1090, compared to the US average of $1430. Grocery costs are also lower in Niles, with an index of 102 compared to the nation's 100. It is a great place to live and work, as it is home to several companies including Showcase Cinemas, which specializes in movie entertainment; and PIP Printing, which offers digital printing services for businesses and individuals. Niles also has several restaurants that offer delicious food from different cultures around the world such as Olive Garden and Marios Italian Restaurant. In addition to these businesses there are many other small local companies that contribute to the vibrancy of the city.
Niles has an unemployment rate of 6.6%. The US average is 6.0%.
Niles has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 16.6%, which is lower than the US average of 33.5%.
Tax Rates for Niles
- The Sales Tax Rate for Niles is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Niles 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 Niles
- The average income of a Niles resident is $39,723 a year. The US average is $37,638 a year.
- The Median household income of a Niles resident is $69,286 a year. The US average is $69,021 a year.