Charlton, NY Economy


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Charlton, NY is an attractive community in Upstate New York, located in the foothills of the Adirondack Mountains. It boasts a great quality of life with its reasonable cost of living; for example, the average 2 bedroom rent is only $1,360 compared to the US average of $1,430. Grocery costs are also cheaper than in most places in America at an index of 105 compared to 100. The town's local economy is thriving with many different businesses and attractions. Local companies include Charlton Electric Supply Company which provides electrical supplies for residential and commercial customers across the region, as well as Charlton Country Crafts offering handmade creations from local artisans. Other attractions include Jessie’s Flying Fox Farm, a family run farm that produces honey from its own apiary and has strawberry picking available during the summer season. There is also Charlton Lake Campground which offers camping facilities on pristine forest land with fishing spots nearby. With so much to offer, it's no wonder why so many people make their home in Charlton, NY.

Charlton has an unemployment rate of 5.1%. The US average is 6.0%.

Charlton has seen the job market decrease by -3.6% 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 Charlton
- The Sales Tax Rate for Charlton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Charlton 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 Charlton
- The average income of a Charlton resident is $44,701 a year. The US average is $37,638 a year.
- The Median household income of a Charlton resident is $93,304 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCharlton, New YorkUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Charlton
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I have lived in Charlton for 19 years, but my family has been here for about 245 years. My family owns LaRue Farms. Charlton is a small town that was founded by my  More

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