Katonah, NY is located in Westchester County and is a small village that is home to a variety of local businesses and organizations. Katonah is known for its charming downtown, which includes restaurants and boutiques along with a few galleries and antique stores. The cost of living in Katonah is slightly higher than the national average due to the fact that rent prices are significantly higher than the US average; two bedroom rentals go for around $2,770 while they are $1,430 nationally. Additionally, grocery costs are also more expensive with an index of 110 versus 100 for the US. Local companies in Katonah include the John Jay Homestead State Historic Site, Caramoor Center for Music and Arts, Last Stop Wine & Spirit Shop, Katonah Art Center, as well as various other retailers and restaurants. All in all, Katonah offers a unique experience with plenty of attractions that come at a higher price tag.
Katonah has an unemployment rate of 6.2%. The US average is 6.0%.
Katonah has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 26.5%, which is lower than the US average of 33.5%.
Tax Rates for Katonah
- The Sales Tax Rate for Katonah is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Katonah 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 Katonah
- The average income of a Katonah resident is $42,196 a year. The US average is $28,555 a year.
- The Median household income of a Katonah resident is $178,594 a year. The US average is $69,021 a year.