Taghkanic, NY Economy


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Taghkanic, NY is an attractive and desirable place to live for many reasons. The cost of living is lower than the US average; 2 bedroom rent in Taghkanic is $1120 compared to the US average of $1430, while the Grocery Cost Index in Taghkanic is 105 versus 100 in the US. There are plenty of local companies to work at such as Wegmans Grocery Store, Massage Envy, Starbucks, and more offering excellent job opportunities. Taghkanic also features beautiful landscapes with towering mountains and lush forests that offer great hiking trails. With so much to offer, it’s easy to understand why so many people prefer living in Taghkanic, NY over other places.

Taghkanic has an unemployment rate of 5.3%. The US average is 6.0%.

Taghkanic 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 26.3%, which is lower than the US average of 33.5%.

Tax Rates for Taghkanic
- The Sales Tax Rate for Taghkanic is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Taghkanic 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 Taghkanic
- The average income of a Taghkanic resident is $31,262 a year. The US average is $28,555 a year.
- The Median household income of a Taghkanic resident is $98,542 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTaghkanic, New YorkUnited States
  5.36
  -5.5%-6.2%
  26.3%33.5%
  8.0%6.2%
  6.2%4.6%
  $65,204$37,638
  $98,542$69,021
  $112,292$85,028
  Population by Occupation
  3.6%1.2%
  0.0%0.5%
  5.2%6.8%
  10.6%10.0%
  2.7%2.5%
  15.8%11.0%
  3.5%4.8%
  0.0%0.8%
  4.4%1.9%
  2.6%4.7%
  1.8%1.9%
  4.2%7.6%
  0.0%0.1%
  3.3%4.2%
  13.0%9.3%
  15.9%14.0%
  3.8%2.1%
  2.1%7.0%
  2.0%4.8%
  5.5%4.7%
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