Cherry Valley, NY is an attractive place to live because it offers a great quality of life at an affordable price. The average two bedroom rent in Cherry Valley is $1,090, which is significantly lower than the national average of $1,430. Additionally, food costs in Cherry Valley are cheaper than the rest of the country as evidenced by its Grocery Cost Index score of 98 versus the US' 100. There are plenty of local amenities in Cherry Valley too; some notable companies include First Niagara Bank, Casella Waste Systems Inc., and Stewart's Shops Corporation. For those looking for small-town charm without sacrificing convenience or affordability, Cherry Valley is an excellent choice.
Cherry Valley has an unemployment rate of 6.3%. The US average is 6.0%.
Cherry Valley has seen the job market decrease by -7.5% over the last year. Future job growth over the next ten years is predicted to be 19.3%, which is lower than the US average of 33.5%.
Tax Rates for Cherry Valley
- The Sales Tax Rate for Cherry Valley is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Cherry Valley 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 Cherry Valley
- The average income of a Cherry Valley resident is $31,078 a year. The US average is $37,638 a year.
- The Median household income of a Cherry Valley resident is $68,542 a year. The US average is $69,021 a year.