Highlands, NY Economy


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Highlands, NY is a small town located in upstate New York. It offers scenic mountain views and access to outdoor activities such as hiking and skiing. The cost of living in Highlands is higher than the nation-wide average. For example, rent for two bedrooms is $2,130 compared to the US average of $1,430. The Grocery Cost Index in Highlands is also higher, at 105 compared to 100 nationally. Some local businesses include Chilmark Country Store, Hudson Valley Mercantile & Home Goods, and Village Cafe & Deli. All of these offer quality products at competitive prices and are a great addition to the local community.

Highlands has an unemployment rate of 6.1%. The US average is 6.0%.

Highlands has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 28.6%, which is lower than the US average of 33.5%.

Tax Rates for Highlands
- The Sales Tax Rate for Highlands is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Highlands 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 Highlands
- The average income of a Highlands resident is $27,465 a year. The US average is $28,555 a year.
- The Median household income of a Highlands resident is $103,842 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHighlands, New YorkUnited States
  6.16
  -6.6%-6.2%
  28.6%33.5%
  8.1%6.2%
  6.2%4.6%
  $32,808$37,638
  $103,842$69,021
  $120,876$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  6.5%6.8%
  6.0%10.0%
  0.3%2.5%
  8.2%11.0%
  7.1%4.8%
  2.5%0.8%
  0.9%1.9%
  0.6%4.7%
  0.9%1.9%
  6.6%7.6%
  0.0%0.1%
  5.4%4.2%
  18.7%9.3%
  11.4%14.0%
  2.6%2.1%
  9.8%7.0%
  3.4%4.8%
  8.9%4.7%
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