Ephratah, NY is a small town located in upstate New York. It is known for its low cost of living compared to the US. The average 2 bedroom rent is $920 which is significantly lower than the US average of $1,430. Additionally, its Grocery Cost Index (96) is also lower than the national average (100). Despite being a smaller town, Ephratah has several notable businesses that contribute to its economy such as Meadowridge Farm, Zummo's Pizzeria and Deli and WJFR Country Radio Station. These local companies offer quality products and services to the people of Ephratah and surrounding areas.
Ephratah has an unemployment rate of 7.6%. The US average is 6.0%.
Ephratah has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.
Tax Rates for Ephratah
- The Sales Tax Rate for Ephratah is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Ephratah 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 Ephratah
- The average income of a Ephratah resident is $24,658 a year. The US average is $28,555 a year.
- The Median household income of a Ephratah resident is $74,271 a year. The US average is $69,021 a year.