Fort Covington, NY is a small town located in the Northern part of New York. It is known for its peaceful environment and strong community spirit. Renting a two bedroom apartment in Fort Covington, NY costs $810 compared to the US 2 Bedroom rent average of $1,430. The Grocery Cost Index in Fort Covington is 101 versus 100 in the US. Moreover, there are several local companies that operate within Fort Covington, such as Ranta Farms Dairy, Newcomb Plumbing & Heating, AMF Acres Country Club and Bowling Center and Marlowe's Family Restaurant. All of these businesses contribute to the local economy while providing quality services to locals.
Fort Covington has an unemployment rate of 6.5%. The US average is 6.0%.
Fort Covington has seen the job market decrease by -4.8% 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 Fort Covington
- The Sales Tax Rate for Fort Covington is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Fort Covington 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 Fort Covington
- The average income of a Fort Covington resident is $22,347 a year. The US average is $37,638 a year.
- The Median household income of a Fort Covington resident is $47,292 a year. The US average is $69,021 a year.