Canton, NY is a great place to live! The rent for a two bedroom apartment in Canton is very affordable at just $910, which is much lower than the national average of $1,430. Additionally, groceries in Canton are cheaper than most places with an index score of 98 versus 100 for the US. There are lots of great local companies in Canton such as Clarkson University, SLU Hospital-Canton Campus, St. Lawrence University, and Alcoa Howmet. These businesses provide many job opportunities for residents and contribute to the local economy.
Canton has an unemployment rate of 6.7%. The US average is 6.0%.
Canton has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 20.9%, which is lower than the US average of 33.5%.
Tax Rates for Canton
- The Sales Tax Rate for Canton is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Canton 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 Canton
- The average income of a Canton resident is $25,899 a year. The US average is $37,638 a year.
- The Median household income of a Canton resident is $62,500 a year. The US average is $69,021 a year.