Danube, NY is a small town located in the heart of New York. It is known for its low cost of living, as evidenced by the 2 bedroom rent which is only $880 while the US average for rent is $1,430. The grocery cost index in Danube also reflects its low cost of living at 97 compared to the US average of 100. Aside from its affordable lifestyle, there are several local businesses and attractive landmarks in the area. Popular restaurants include Abby’s Family Diner and Fancy Cafe while local shops include The Cookie Jar Bakery and Book Nook Bookstore. Tourists also enjoy visiting the Danube Falls or taking a leisurely ride on Lake Danube aboard one of the towns cruises. All these features make Danube an ideal destination for families looking to settle down without breaking their bank accounts.
Danube has an unemployment rate of 8.3%. The US average is 6.0%.
Danube has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Danube
- The Sales Tax Rate for Danube is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Danube 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 Danube
- The average income of a Danube resident is $20,977 a year. The US average is $28,555 a year.
- The Median household income of a Danube resident is $73,281 a year. The US average is $69,021 a year.