Fallsburg, NY is a small town located in the foothills of the Catskill Mountains. Located just under two hours away from New York City, Fallsburg offers a unique respite from the hustle and bustle of city life. The median rent for two bedroom apartments in Fallsburg is $1,110 per month which is significantly lower than the US median of $1430. Additionally, the Grocery Cost Index in Fallsburg is 98 versus 100 in the US, making it an affordable place to live with a relatively low cost of living. Popular businesses in Fallsburg include Lazlo's Bakery & Deli, Catskill Mountain Country Store, Emily’s Cafe & Pizzeria and Riverwood Barber Shop. These companies provide locals with everything from fresh-baked goods to great haircuts and pizza and are well-loved by residents and visitors alike.
Fallsburg has an unemployment rate of 6.7%. The US average is 6.0%.
Fallsburg has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 41.0%, which is higher than the US average of 33.5%.
Tax Rates for Fallsburg
- The Sales Tax Rate for Fallsburg is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Fallsburg 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 Fallsburg
- The average income of a Fallsburg resident is $24,167 a year. The US average is $37,638 a year.
- The Median household income of a Fallsburg resident is $53,625 a year. The US average is $69,021 a year.