Coventry, NY is a small town in Otsego County. It is known for its quiet suburban atmosphere and rural charm. The cost of rent in Coventry is notably lower than the US average, with two bedroom apartments costing $850 compared to the national average of $1,430. Furthermore, the grocery cost index for Coventry is 98 out of 100 compared to the US index. Local companies in Coventry include Sturges Manufacturing Co., Martha's Haven Farm Market, and Kesselring Electric. These companies are key employers in the community and provide many opportunities for local residents.
Coventry has an unemployment rate of 6.3%. The US average is 6.0%.
Coventry has seen the job market decrease by -3.1% over the last year. Future job growth over the next ten years is predicted to be 18.9%, which is lower than the US average of 33.5%.
Tax Rates for Coventry
- The Sales Tax Rate for Coventry is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Coventry 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 Coventry
- The average income of a Coventry resident is $28,137 a year. The US average is $37,638 a year.
- The Median household income of a Coventry resident is $56,875 a year. The US average is $69,021 a year.