Gorham, NY is an affordable town to live in compared to the national average. The median 2 bedroom rent in Gorham is $1,120 while for the US it's $1,430. In addition to its affordability, Gorham offers plenty of local businesses and attractions such as the D&D Market & Grill serving up delicious breakfast and lunch options and the McCauley Mountain Ski Center for those seeking a fun outdoor adventure. Other local companies include Diversified Contracting Inc., a construction company that specializes in commercial projects, and Corbett Country Store for all your grocery needs with a cost index of 101 compared to 100 nationally. There is also the impressive 8-acre Yoder Myron B Park which offers many recreational activities.
Gorham has an unemployment rate of 5.8%. The US average is 6.0%.
Gorham has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Gorham
- The Sales Tax Rate for Gorham is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Gorham 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 Gorham
- The average income of a Gorham resident is $28,197 a year. The US average is $28,555 a year.
- The Median household income of a Gorham resident is $63,214 a year. The US average is $69,021 a year.