Ballston, NY is a small town located close to Albany in New York. The area is known for its local businesses and friendly community. It has two bedroom rent prices that are slightly higher than the national average, but grocery costs are much lower. Companies like Adirondack Bank, Ballston Spa National Bank, and First Niagara Financial Group have offices in the area. In addition to great business opportunities, there is also plenty to do in Ballston such as visiting Saratoga National Historical Park or catching a show at the Saratoga Performing Arts Center. Overall, Ballston offers a great quality of life with an affordable cost of living compared to many other cities in New York State.
Ballston has an unemployment rate of 5.1%. The US average is 6.0%.
Ballston has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.
Tax Rates for Ballston
- The Sales Tax Rate for Ballston is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ballston 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 Ballston
- The average income of a Ballston resident is $34,713 a year. The US average is $28,555 a year.
- The Median household income of a Ballston resident is $96,045 a year. The US average is $69,021 a year.