Carmel, NY is an attractive place to live with its affordable rent and convenient access to stores. The average 2 bedroom rent in Carmel is $2,260, which is slightly more than the US national average of $1,430. Additionally, the grocery cost index in Carmel is 106 compared to 100 nationally. This means that grocery shopping in Carmel is slightly more expensive than most other areas of the US. Popular local companies include Royal Gold Logistics LLC, Real Services Inc., and Peekskill Electrical Supply.
Carmel has an unemployment rate of 5.4%. The US average is 6.0%.
Carmel 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 28.3%, which is lower than the US average of 33.5%.
Tax Rates for Carmel
- The Sales Tax Rate for Carmel is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Carmel 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 Carmel
- The average income of a Carmel resident is $42,034 a year. The US average is $28,555 a year.
- The Median household income of a Carmel resident is $112,708 a year. The US average is $69,021 a year.