Patterson, NY Economy


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Patterson, NY is an attractive residential town in Putnam County. Rent for a two bedroom apartment is comparatively higher than the national average, but can still be affordable at $2,210 per month. Food costs are also slightly above the US average, however with a grocery cost index of 104 there are still good deals to be found. Patterson is home to numerous local companies including Patterson Veterinary Clinic, Putnam County Bank and Trust Company, and Aci Electric Corporation. All these businesses provide a variety of services that make living in Patterson convenient.

Patterson has an unemployment rate of 5.5%. The US average is 6.0%.

Patterson has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.

Tax Rates for Patterson
- The Sales Tax Rate for Patterson is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Patterson 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 Patterson
- The average income of a Patterson resident is $32,172 a year. The US average is $28,555 a year.
- The Median household income of a Patterson resident is $102,092 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPatterson, New YorkUnited States
  5.56
  -5.8%-6.2%
  28.4%33.5%
  8.4%6.2%
  6.2%4.6%
  $40,750$37,638
  $102,092$69,021
  $113,566$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  5.4%6.8%
  4.1%10.0%
  1.9%2.5%
  11.0%11.0%
  4.4%4.8%
  0.4%0.8%
  3.9%1.9%
  6.0%4.7%
  2.0%1.9%
  9.9%7.6%
  0.2%0.1%
  1.0%4.2%
  12.0%9.3%
  17.3%14.0%
  1.0%2.1%
  3.9%7.0%
  3.6%4.8%
  11.1%4.7%
Reviews for Patterson
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Patterson still has some of the small town charm and rural feel but the landscape has been slowly changed from a farming community to a bedroom community. We have some  More

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