Poughkeepsie town, NY Economy


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Poughkeepsie town, NY is an up and coming area that offers many great amenities and services. The cost of living is slightly higher than the US average, with rent for a two bedroom apartment costing $1600 compared to a national average of $1430. Grocery costs are also higher here, with the cost index at 104 compared to 100 in the US. Many local businesses have sprung up in Poughkeepsie town such as Big Bear BBQ, Muddy Water Coffee Roasters, Madava Farms and more. These companies offer unique products and services that appeal to both locals and visitors alike.

Poughkeepsie town has an unemployment rate of 6.0%. The US average is 6.0%.

Poughkeepsie town has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.

Tax Rates for Poughkeepsie town
- The Sales Tax Rate for Poughkeepsie town is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Poughkeepsie town 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 Poughkeepsie town
- The average income of a Poughkeepsie town resident is $29,817 a year. The US average is $28,555 a year.
- The Median household income of a Poughkeepsie town resident is $85,322 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPoughkeepsie town, New YorkUnited States
  66
  -5.9%-6.2%
  28.0%33.5%
  8.1%6.2%
  6.2%4.6%
  $40,158$37,638
  $85,322$69,021
  $108,407$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  4.6%6.8%
  5.5%10.0%
  1.6%2.5%
  14.1%11.0%
  3.5%4.8%
  0.9%0.8%
  2.0%1.9%
  4.1%4.7%
  1.5%1.9%
  6.5%7.6%
  0.1%0.1%
  3.7%4.2%
  17.0%9.3%
  13.7%14.0%
  2.0%2.1%
  6.9%7.0%
  7.2%4.8%
  4.6%4.7%
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