Richmondville, NY is a small town with a population of about 2,500 people. The cost of living in the area is relatively low, with 2 bedroom rent averaging at $1,110 and the Grocery Cost Index (versus the US) at 99. This makes Richmondville an attractive place to live with multiple affordable housing options and grocery prices that are slightly lower than the national average. Located just outside of Cobleskill, there are many local businesses in Richmondville including B&S Motorsports, Sean's Riverview Diner, and the Richmondville Volunteer Fire Department. These businesses provide employment opportunities for local residents as well as services that benefit the community.
Richmondville has an unemployment rate of 6.5%. The US average is 6.0%.
Richmondville has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.
Tax Rates for Richmondville
- The Sales Tax Rate for Richmondville is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Richmondville 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 Richmondville
- The average income of a Richmondville resident is $23,368 a year. The US average is $28,555 a year.
- The Median household income of a Richmondville resident is $57,120 a year. The US average is $69,021 a year.