Guilford, NY is a charming community located in Chenango County. Its proximity to Binghamton University gives potential residents access to many amenities and activities including shopping, dining, cultural attractions, and events. For those looking for an affordable lifestyle, Guilford offers 2 bedroom rent of $830 compared to the US average of $1,430. Additionally, the grocery cost index in Guilford is 97 versus 100 in the US. The area is home to local businesses such as Marzano’s Pizza & Subs, PEGS Pub & Eatery, Guilford Farm Market and more that offer goods and services to make life comfortable for residents. Residents also have access to outdoor activities at nearby parks like Devereux Beach Park or the Chenango Valley State Park. With its lovely rural setting and affordability factors making living costs lower than most areas in the United States, Guilford seems like an attractive place for people who want a small town feel with good quality of life without breaking their budget.
Guilford has an unemployment rate of 6.3%. The US average is 6.0%.
Guilford has seen the job market decrease by -3.1% over the last year. Future job growth over the next ten years is predicted to be 18.9%, which is lower than the US average of 33.5%.
Tax Rates for Guilford
- The Sales Tax Rate for Guilford is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Guilford 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 Guilford
- The average income of a Guilford resident is $28,007 a year. The US average is $37,638 a year.
- The Median household income of a Guilford resident is $60,583 a year. The US average is $69,021 a year.