Hamburg, NY is a charming small town in Western New York with a variety of attractions and amenities. It is known for its affordable rent, with two-bedroom apartments renting at an average of $1,200 per month. This is significantly lower than the nationwide average of $1,430 per month. In addition to low rent costs, grocery costs are also lower than the national average, as Hamburg's Grocery Cost Index is 101 compared to 100 in the US.
The town of Hamburg offers a range of businesses including auto dealerships such as Towne Automall and Ray Laks Honda City; fitness facilities such as Anytime Fitness and GoodLife Fitness; and health care establishments like Hamburg Family Practice and Women’s Health Care Center. There are also many well-known stores located nearby such as Walmart Supercenter, Target, Aldi’s and Tops Markets.
Hamburg has an unemployment rate of 7.2%. The US average is 6.0%.
Hamburg 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 24.4%, which is lower than the US average of 33.5%.
Tax Rates for Hamburg
- The Sales Tax Rate for Hamburg is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Hamburg 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 Hamburg
- The average income of a Hamburg resident is $31,573 a year. The US average is $28,555 a year.
- The Median household income of a Hamburg resident is $71,403 a year. The US average is $69,021 a year.