Taylor, NY is a small town located in upstate New York near Syracuse. It is known for its friendly community and rural charm. The cost of living is much lower than the national average, with a two-bedroom rent averaging $970 compared to $1,430 in the US. The Grocery Cost Index in Taylor is also lower than the US index at 97 versus 100.
The local economy is largely driven by agriculture but Taylor has recently experienced business growth due to its proximity to Syracuse. Businesses include a variety of family owned stores such as The Village Store, a local cafe called Sunday Morning Cafe, and Big Guy's BBQ.
The lifestyle in Taylor offers a quiet atmosphere and access to nature for those looking for an escape from urban living while still being within driving distance of larger cities like Syracuse or Albany. There are plenty of outdoor activities available such as hiking trails, fishing spots, and parks to enjoy. For those looking for an idyllic rural life with easy access to city amenities Taylor could be the perfect fit!
Taylor has an unemployment rate of 6.9%. The US average is 6.0%.
Taylor has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 18.1%, which is lower than the US average of 33.5%.
Tax Rates for Taylor
- The Sales Tax Rate for Taylor is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Taylor 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 Taylor
- The average income of a Taylor resident is $26,347 a year. The US average is $37,638 a year.
- The Median household income of a Taylor resident is $50,714 a year. The US average is $69,021 a year.