Cranberry Lake, NY is an excellent place for those looking to find a home. The 2-bedroom rent in Cranberry Lake is significantly lower than the national average, at $920 compared to the US's $1,430. The grocery cost index in Cranberry Lake is 97 compared to 100 in the US which shows that groceries are also relatively cheaper here. Not only has Cranberry Lake great affordability options, but it is also home to some great local companies such as KFT Logistics and Octane Technologies. It's no wonder why so many people are choosing Cranberry Lake as their next home destination!
Cranberry Lake has an unemployment rate of 6.7%. The US average is 6.0%.
Cranberry Lake has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 20.9%, which is lower than the US average of 33.5%.
Tax Rates for Cranberry Lake
- The Sales Tax Rate for Cranberry Lake is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Cranberry Lake 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 Cranberry Lake
- The average income of a Cranberry Lake resident is $37,700 a year. The US average is $28,555 a year.
- The Median household income of a Cranberry Lake resident is $81,429 a year. The US average is $69,021 a year.