Arcade, NY is a small rural town located in the state of New York. Rent for two bedroom apartments is comparatively lower than the national average at $1,000 per month versus $1,430 in the US. Additionally, the cost of groceries in Arcade is slightly lower than the national average due to its index score of 98 compared to 100 across the country. Local businesses give Arcade its unique character and include stores such as Rustic Oak Furniture, Bonsai Gardens Landscaping, and The Purple Elephant Gift Shop. All things considered, Arcade is an ideal place for those looking for lower rent prices and reasonable grocery costs that still want to experience small town living with plenty of local businesses to explore.
Arcade has an unemployment rate of 6.7%. The US average is 6.0%.
Arcade has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 20.6%, which is lower than the US average of 33.5%.
Tax Rates for Arcade
- The Sales Tax Rate for Arcade is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Arcade 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 Arcade
- The average income of a Arcade resident is $23,122 a year. The US average is $28,555 a year.
- The Median household income of a Arcade resident is $53,793 a year. The US average is $69,021 a year.