Horseheads, NY is a small town located in upstate New York. It is a great place to live for those looking to escape the hustle and bustle of city life. The living costs are also quite reasonable with 2 bedroom rent at $1,150 compared to the national average of $1,430. Grocery cost index in Horseheads is 99 when compared to the US which stands at 100. The town has a few prominent companies such as Corning Incorporated- one of the world's leading innovators in materials science that makes products for industrial and scientific applications; Davis College - a Christian college with over 130 years of history; and International Paper - one of the largest paper and packaging companies in the world.
Horseheads has an unemployment rate of 6.9%. The US average is 6.0%.
Horseheads has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 11.6%, which is lower than the US average of 33.5%.
Tax Rates for Horseheads
- The Sales Tax Rate for Horseheads is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Horseheads 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 Horseheads
- The average income of a Horseheads resident is $30,500 a year. The US average is $28,555 a year.
- The Median household income of a Horseheads resident is $59,144 a year. The US average is $69,021 a year.