Cato, NY is a small town located in Upstate New York. It has a population of just over 2,000 people and it's close proximity to larger cities such as Syracuse make it an ideal place to live for those looking for a suburban lifestyle. The rent prices are quite affordable, with two-bedroom apartments averaging around $1,030 per month. The cost of groceries is slightly lower than the US average index rating of 100 with Cato having a rating of 98.
Cato is home to some great local businesses including Shear Magic Hair Design which offers hair services such as cuts, colors, and styling; DeFazio's Pizzeria which specializes in classic Italian dishes; and JC Penney Auto Center which provides auto repair services. The town also offers plenty of outdoor activities such as fishing at the Oneida Lake Access Area or hiking at White's Hollow State Forest. There are also great restaurants for dining out such as The Lakeside Grill and Bar or Xtreme Salads & Wraps both located downtown. All in all, Cato is an excellent place to call home with plenty of amenities nearby.
Cato has an unemployment rate of 6.6%. The US average is 6.0%.
Cato has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 16.6%, which is lower than the US average of 33.5%.
Tax Rates for Cato
- The Sales Tax Rate for Cato is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Cato 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 Cato
- The average income of a Cato resident is $27,895 a year. The US average is $28,555 a year.
- The Median household income of a Cato resident is $63,092 a year. The US average is $69,021 a year.