Bainbridge, NY is a small town located in the Chenango County of New York State. It is known for its beautiful surroundings and thriving community. It has many local businesses such as BAE Systems, BB&T Bank, Cumberland Farms and La Porte Cement. Rent in Bainbridge is very affordable with a 2 bedroom rental costing on average $850 per month - this is much less than the US average of $1,430 per month. Grocery costs are also low here compared to other parts of the country with a grocery cost index of 98, while the US average is 100. This makes Bainbridge an attractive place to live and work, as it provides residents with access to all necessary amenities at more affordable prices.
Bainbridge has an unemployment rate of 6.3%. The US average is 6.0%.
Bainbridge has seen the job market decrease by -3.1% over the last year. Future job growth over the next ten years is predicted to be 18.9%, which is lower than the US average of 33.5%.
Tax Rates for Bainbridge
- The Sales Tax Rate for Bainbridge is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Bainbridge 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 Bainbridge
- The average income of a Bainbridge resident is $26,753 a year. The US average is $37,638 a year.
- The Median household income of a Bainbridge resident is $50,857 a year. The US average is $69,021 a year.