Jay, NY is a small city located in the Upstate region of New York that offers its residents a great quality of life. The cost of living in Jay is relatively low compared to the US average; rent for a two-bedroom apartment in Jay is $960 whereas the national average for two-bedroom rent is $1,430. Moreover, groceries are also cheaper in Jay than the US on average. According to Numbeo’s grocery cost index, groceries in Jay cost 104 compared to 100 nationally.
The city has a number of local businesses such as J&F Market, Smith Dairy Farms and G&D Builders Supply Co., Inc., all located within the town limits. Additionally, many other services are available from nearby towns including healthcare centers and banks. The city also has recreational facilities such as public parks and playgrounds that can be enjoyed by locals and visitors alike.
Sources: \nNumbeo (2020). Cost of Living in Jay, New York. Retrieved from https://www.numbeo.com/cost-of-living/in/Jay%2C-NY \nCity Town Info (2020). Jay, New York Economy and Business Data & Market Research. Retrieved from http://www.citytowninfo.com/places/new-york/jay
Jay has an unemployment rate of 6.8%. The US average is 6.0%.
Jay has seen the job market decrease by -6.2% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.
Tax Rates for Jay
- The Sales Tax Rate for Jay is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Jay 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 Jay
- The average income of a Jay resident is $33,279 a year. The US average is $37,638 a year.
- The Median household income of a Jay resident is $77,583 a year. The US average is $69,021 a year.