Lenox, NY is an ideal location for those looking for a slower-paced lifestyle. This small town offers plenty of activities such as hiking the trails of Taconic State Park or visiting one of the many historical landmarks preserved in the area. The cost of living in Lenox is affordable with 2 bedroom rents averaging around $1,070 compared to the national average of $1,430. Plus, the grocery index is 98 compared to the US average of 100 making it more frugal to buy food here. Locally owned businesses one should check out include Maple Cabin Market for groceries and even some homemade goods, Barbagallo's Italian Bakery & Cafe for a delicious Italian meal or sweet treat, and Crooked Creek Antiques & Gifts for unique finds and antiques. For those seeking outdoor activities such as camping or fishing, Trout Lake Preserve is just a few miles away!
Lenox has an unemployment rate of 6.3%. The US average is 6.0%.
Lenox has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 22.8%, which is lower than the US average of 33.5%.
Tax Rates for Lenox
- The Sales Tax Rate for Lenox is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Lenox 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 Lenox
- The average income of a Lenox resident is $28,587 a year. The US average is $37,638 a year.
- The Median household income of a Lenox resident is $61,795 a year. The US average is $69,021 a year.