Allegany, NY is a charming town located in western New York. It is known for its abundance of outdoor activities, including skiing, hiking, and camping. The cost of living in Allegany is quite low; the average 2 bedroom rent is $830 per month while the national average sits at $1,430 per month. Grocery costs are also lower than the US index with an index rate of 97 compared to 100 nationally. Popular companies in Allegany include Eastman Kodak, Dresser-Rand Group Inc., and Greatbatch Medical. These companies provide job opportunities for local residents and have helped to make Allegany a great place to live and work.
Allegany has an unemployment rate of 7.2%. The US average is 6.0%.
Allegany has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 15.6%, which is lower than the US average of 33.5%.
Tax Rates for Allegany
- The Sales Tax Rate for Allegany is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Allegany 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 Allegany
- The average income of a Allegany resident is $22,040 a year. The US average is $28,555 a year.
- The Median household income of a Allegany resident is $59,963 a year. The US average is $69,021 a year.