Cohoes, NY is a great place to live. Located in upstate New York, it is close to many fun activities and attractions. For those looking for affordable housing options, Cohoes offers 2 bedroom rental rates at about $1,270, which is less than the national average of $1,430. Additionally, grocery costs are around 3% lower than the US average. There are multiple local businesses that help make Cohoes a great place to live – Oneonta Appliance Co. is an appliance store located in town; The Cup & Saucer Café specializes in homemade food; and even green energy solutions like SEFCU Solar Solutions can be found nearby.
Cohoes has an unemployment rate of 5.7%. The US average is 6.0%.
Cohoes 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 26.2%, which is lower than the US average of 33.5%.
Tax Rates for Cohoes
- The Sales Tax Rate for Cohoes is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Cohoes 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 Cohoes
- The average income of a Cohoes resident is $30,540 a year. The US average is $37,638 a year.
- The Median household income of a Cohoes resident is $58,669 a year. The US average is $69,021 a year.