Addison, NY is a great place to call home with its small town charm and convenience. With 2 bedroom rent at $840, rental costs are significantly lower than the US average of $1430. Additionally, the Grocery Cost Index in Addison is 97 compared to 100 in the US, which means food items are more affordable in Addison. There are various local companies that contribute to the economic well-being of Addison such as East Hill Creamery, a family owned dairy farm; Bedrock Builders Inc., an independent construction company; and Trellis Flowers & Gifts, a full service florist. In Addison you'll find excellent amenities and resources for all your needs.
Addison has an unemployment rate of 6.7%. The US average is 6.0%.
Addison has seen the job market decrease by -4.7% 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 Addison
- The Sales Tax Rate for Addison is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Addison 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 Addison
- The average income of a Addison resident is $24,616 a year. The US average is $37,638 a year.
- The Median household income of a Addison resident is $54,063 a year. The US average is $69,021 a year.