Cuba, NY is a small town in New York State located in Allegany County. It has a population of 1,680 people and its two-bedroom rent is significantly lower than the U.S. average at $810. Grocery cost index in Cuba is also lower than the US at 96 versus 100. Local companies in Cuba include Goldsmiths Department Store, Wagner Farms Dairy, and Knight's Pharmacy. Popular attractions here include the Cuba Lake Recreation Area with fishing, camping, and boating opportunities; the Cuba Cheese Heritage Center providing historical tours; as well as golf courses like Cuba Country Club and Ted's Par 3 Golf Course.
Cuba has an unemployment rate of 6.2%. The US average is 6.0%.
Cuba has seen the job market decrease by -2.1% over the last year. Future job growth over the next ten years is predicted to be 10.9%, which is lower than the US average of 33.5%.
Tax Rates for Cuba
- The Sales Tax Rate for Cuba is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Cuba 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 Cuba
- The average income of a Cuba resident is $29,263 a year. The US average is $28,555 a year.
- The Median household income of a Cuba resident is $61,133 a year. The US average is $69,021 a year.