Denning, NY is an ideal destination for those looking for a small-town feel with affordable housing costs. The average 2 bedroom rent in Denning is $1,510 while the national average is $1,430. Additionally, the Grocery Cost Index in Denning is 102 which is higher than the US average of 100. This means that food prices are relatively low in comparison to other parts of the country. Denning also offers many local businesses such as Denning Home Improvement Center, Denning Insurance Agency, and Denning's Bakery & Cafe where residents can find goods and services from locally owned stores and restaurants. Although Denning’s living costs are slightly higher than the national average due to its high rental rates and Grocery Cost Index rate, it still remains an attractive option for people who want the convenience of a city without sacrificing affordability.
Denning has an unemployment rate of 6.2%. The US average is 6.0%.
Denning has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 26.5%, which is lower than the US average of 33.5%.
Tax Rates for Denning
- The Sales Tax Rate for Denning is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Denning 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 Denning
- The average income of a Denning resident is $24,017 a year. The US average is $28,555 a year.
- The Median household income of a Denning resident is $74,583 a year. The US average is $69,021 a year.