Olive, NY is a small town located in Ulster County. It is known for its charming local businesses and rural atmosphere. Residents can enjoy plenty of outdoor activities such as hiking, skiing, and fishing. The cost of living in Olive, NY is relatively affordable compared to other areas in the U.S., with rent for a 2 bedroom averaging around $1,310 whereas the national average is around $1,430. Additionally, the grocery cost index sits at 105 compared to the US average of 100. Some popular local companies include Woodstock Pizza Company, Rosendale Natural Market, D&H Canal Historical Society & Museum, and Rock City Coffee House & Roastery. There is something for everyone here in Olive!
Olive has an unemployment rate of 6.2%. The US average is 6.0%.
Olive has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 26.5%, which is lower than the US average of 33.5%.
Tax Rates for Olive
- The Sales Tax Rate for Olive is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Olive 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 Olive
- The average income of a Olive resident is $38,741 a year. The US average is $28,555 a year.
- The Median household income of a Olive resident is $85,353 a year. The US average is $69,021 a year.