Duane, NY is known for its affordable living options and low cost of living. The median two bedroom rent in Duane is much lower than the national average, coming in at $800 compared to $1,430. Groceries are also inexpensive for residents with a Grocery Cost Index of 102 versus the US average of 100. Moreover, Duane has a wide range of local businesses that cater to all types of needs. Businesses like P&F Supermarket, High Peaks General Store, and the Duane Diner are just a few options in town.
Duane has an unemployment rate of 6.5%. The US average is 6.0%.
Duane has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.
Tax Rates for Duane
- The Sales Tax Rate for Duane is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Duane 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 Duane
- The average income of a Duane resident is $26,080 a year. The US average is $28,555 a year.
- The Median household income of a Duane resident is $73,929 a year. The US average is $69,021 a year.