Ancram, NY Economy


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Ancram, NY is a small town located in Columbia County in the Hudson Valley region of New York. It has an estimated population of 1,500 people and is known as a great place for outdoor activities such as camping and hiking. The cost of living is relatively low compared to other parts of the US; the average two bedroom apartment rent is $1,160 while the US average rent for a two bedroom apartment is $1,430. Grocery prices are also lower than most of the country with an index score of 106 versus 100 in the US.
The town has several local businesses ranging from small family owned cafes to larger retail stores. An example of one local cafe is Brazen Fox Cafe & Bakery, which offers healthy breakfast options and homemade baked goods. Another popular store includes Maverick Clothing Store providing unique apparel, jewelry, and home decor perfect for gifting or simply treating yourself!
Overall Ancram, NY provides its residents with affordable cost of living combined with its charming small town atmosphere making it an ideal place to live or visit.

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

Ancram 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 Ancram
- The Sales Tax Rate for Ancram is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Ancram 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 Ancram
- The average income of a Ancram resident is $32,364 a year. The US average is $28,555 a year.
- The Median household income of a Ancram resident is $82,885 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAncram, New YorkUnited States
  5.36
  -5.5%-6.2%
  26.3%33.5%
  8.0%6.2%
  6.2%4.6%
  $55,743$37,638
  $82,885$69,021
  $88,839$85,028
  Population by Occupation
  9.1%1.2%
  0.0%0.5%
  7.1%6.8%
  3.0%10.0%
  3.5%2.5%
  8.9%11.0%
  1.9%4.8%
  0.0%0.8%
  0.9%1.9%
  1.6%4.7%
  0.4%1.9%
  12.2%7.6%
  0.0%0.1%
  11.1%4.2%
  5.8%9.3%
  16.3%14.0%
  4.3%2.1%
  4.2%7.0%
  6.8%4.8%
  3.2%4.7%
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