Fort Edward, NY is an idyllic town located in Washington County. This small but vibrant community offers a peaceful atmosphere with plenty of recreational activities. Residents enjoy easy access to local amenities like shopping, parks and restaurants. The cost of living in Fort Edward, NY is quite reasonable as compared to other areas. For example, the rent for a two bedroom apartment is $1,130 versus the US average of $1,430. Additionally, the Grocery Cost Index here is 100 compared to the national average of 100 making groceries an affordable option for locals too. There are many family-owned businesses that call Fort Edward home such as Sally’s Diner and Joe's Hardware Store which have been serving the community for generations. All in all, Fort Edward offers a high quality of life without breaking the bank.
Fort Edward has an unemployment rate of 6.4%. The US average is 6.0%.
Fort Edward has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.
Tax Rates for Fort Edward
- The Sales Tax Rate for Fort Edward is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fort Edward 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 Edward
- The average income of a Fort Edward resident is $21,460 a year. The US average is $28,555 a year.
- The Median household income of a Fort Edward resident is $57,125 a year. The US average is $69,021 a year.