Berkshire, NY is a small town located in New York. It is known for its low rental costs and grocery prices. Two bedroom rent in Berkshire costs $1,220, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Berkshire is 98 compared to the US average of 100. This makes it an ideal destination for people on a budget. There are several local companies in Berkshire such as Kaaterskill Farm and Dairy Bar, Dunstan's Hardware Store and BooBoo's Toy Shop that offer goods and services at affordable prices.
Berkshire has an unemployment rate of 6.1%. The US average is 6.0%.
Berkshire has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 18.8%, which is lower than the US average of 33.5%.
Tax Rates for Berkshire
- The Sales Tax Rate for Berkshire is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Berkshire 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 Berkshire
- The average income of a Berkshire resident is $22,008 a year. The US average is $28,555 a year.
- The Median household income of a Berkshire resident is $65,417 a year. The US average is $69,021 a year.