Lake Erie Beach, NY is a small town located near the shores of Lake Erie. With a population of just over 1,000 people, its vibrant community offers plenty for locals and visitors alike. Rent in Lake Erie Beach is significantly lower than the US average, coming in at $1,130 for two bedrooms versus the US average of $1,430. Grocery costs are also cheaper in Lake Erie Beach with an index score of 98 compared to 100 in the US.
The town is home to a variety of local businesses and services including local restaurants such as The Barrel restaurant and bar; various retail stores like North Shore Trading Company; medical centers like Lakeside Community Health Care; fitness centers such as Fit Body Bootcamp; and even outdoor recreation activities like kayaking with Wild Blue Adventure Co. Visitors can find many fun things to do in this charming little town.
Lake Erie Beach has an unemployment rate of 7.2%. The US average is 6.0%.
Lake Erie Beach 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 Lake Erie Beach
- The Sales Tax Rate for Lake Erie Beach is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Lake Erie Beach 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 Lake Erie Beach
- The average income of a Lake Erie Beach resident is $27,575 a year. The US average is $28,555 a year.
- The Median household income of a Lake Erie Beach resident is $54,922 a year. The US average is $69,021 a year.