Rathbone, NY is a small town located in Allegany County. The average cost of rent for two bedrooms is $840, which is relatively affordable compared to the US average of $1,430. Additionally, the Grocery Cost Index in Rthbone is 97 out of 100 when compared to the US rate.
There are several local companies near Rathbone including Ginnys Trucking Inc., Smithson's Auto Parts & Repair, Uteg Construction Co., and Kilehans Home Solutions. These businesses provide many services that help drive the economy of Rathbone and create job opportunities for its residents.
In conclusion, Rathbone is a small town located in Allegany County that offers an affordable rent price of only $840 per month for two bedroom apartments along with a Grocery Cost Index at 97 versus 100 in the US. There are also several local companies near Rathbone that provide valuable services to its citizens and help strengthen its economy.
Rathbone has an unemployment rate of 6.7%. The US average is 6.0%.
Rathbone has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 20.1%, which is lower than the US average of 33.5%.
Tax Rates for Rathbone
- The Sales Tax Rate for Rathbone is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Rathbone 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 Rathbone
- The average income of a Rathbone resident is $16,113 a year. The US average is $28,555 a year.
- The Median household income of a Rathbone resident is $55,357 a year. The US average is $69,021 a year.