Floyd, NY is a small town in New York with an estimated population of 1,000. It has a relatively low cost of living compared to the US as a whole; a 2 bedroom apartment rents for around $950 while the US average is $1,430 and the grocery cost index is 98 versus 100 in the US. Floyd boasts several local businesses such as R&R Coffee Shop, Floyd Drug Store and The Diner. There are also two local malls for shopping and entertainment needs - Oak Plaza Mall and Westridge Shopping Center. Living in Floyd is great for those looking for a quiet rural lifestyle at an affordable price.
Floyd has an unemployment rate of 6.7%. The US average is 6.0%.
Floyd has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.
Tax Rates for Floyd
- The Sales Tax Rate for Floyd is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Floyd 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 Floyd
- The average income of a Floyd resident is $31,120 a year. The US average is $28,555 a year.
- The Median household income of a Floyd resident is $78,848 a year. The US average is $69,021 a year.