Alexandria Bay, NY Economy


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Alexandria Bay, NY is a small town located near the St. Lawrence River in Northern New York. It's known for its stunning river views and vibrant tourist attractions. The town has a moderate climate with warm summers and cold winters. Rent in Alexandria Bay is much lower than the national average at just $1,030 for two bedrooms, making it an affordable place to live. The cost of living here is also lower than the US average; the Grocery Cost Index in Alexandria Bay is 97 compared to 100 for the whole country.
The town offers plenty to do year-round: explore Boldt Castle and Yacht House on Heart Island or visit Tibbets Point Lighthouse for breathtaking views of the riverfront. Other local attractions include Singer Castle and Thousand Islands Winery. Visitors can also sample fresh seafood from local restaurants or enjoy live music from popular venues like Alex Bay Music Hall and Captains Inn & Bar & Grill. Education opportunities in Alexandria Bay are provided by public schools Alexa Bay Central School District and Thousand Islands Central School District as well as Jefferson Community College just 10 miles away in Watertown, NY.

Alexandria Bay has an unemployment rate of 7.1%. The US average is 6.0%.

Alexandria Bay has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 16.3%, which is lower than the US average of 33.5%.

Tax Rates for Alexandria Bay
- The Sales Tax Rate for Alexandria Bay is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Alexandria Bay 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 Alexandria Bay
- The average income of a Alexandria Bay resident is $35,648 a year. The US average is $37,638 a year.
- The Median household income of a Alexandria Bay resident is $43,264 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlexandria Bay, New YorkUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Alexandria Bay
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Over 17 years ago

I find the statistics in your report very interesting, although somewhat misleading (I believe they are probably accurate). The median cost of a single family home is  More

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