Laurens, NY is a small town located in upstate New York. The cost of living is relatively low compared to other towns in the area. 2 Bedroom rent is $980 compared to the US average of $1,430. Additionally, Grocery Cost Index in Laurens is 99 instead of 100 in the US. This makes it an affordable place for families and individuals to live. Local companies include Laurens Supermarket, Laurens Pharmacy, and Laurens Hardware Store which offer competitive prices on a variety of goods and services. Furthermore, there are many recreational activities such as biking trails, local parks and a lakefront beach. All these factors make Laurens an attractive location for people who wish to enjoy a low cost of living without sacrificing quality amenities.
Laurens has an unemployment rate of 6.3%. The US average is 6.0%.
Laurens has seen the job market decrease by -7.5% over the last year. Future job growth over the next ten years is predicted to be 19.3%, which is lower than the US average of 33.5%.
Tax Rates for Laurens
- The Sales Tax Rate for Laurens is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Laurens 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 Laurens
- The average income of a Laurens resident is $33,165 a year. The US average is $37,638 a year.
- The Median household income of a Laurens resident is $54,494 a year. The US average is $69,021 a year.