Loch Sheldrake, NY is a small community located in Sullivan County. It features stunning scenery, peaceful neighborhoods, and convenient access to local amenities. The cost of living is also quite low, with 2 bedroom rent at only $990 compared to the US average of $1,430. Additionally, grocery costs are roughly 3% below the national index which provides further savings for residents. The town also has a variety of local businesses offering jobs in retail, hospitality services and more. Companies such as Kmart and Walmart provide employment opportunities for those interested in retail positions, while restaurants like White Lake Inn offer employment opportunities for those looking for hospitality services. With its low cost of living and plenty of available job options, Loch Sheldrake proves to be an attractive place to live or visit.
Loch Sheldrake has an unemployment rate of 6.7%. The US average is 6.0%.
Loch Sheldrake has seen the job market increase by 6.0% over the last year. Future job growth over the next ten years is predicted to be 41.0%, which is higher than the US average of 33.5%.
Tax Rates for Loch Sheldrake
- The Sales Tax Rate for Loch Sheldrake is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Loch Sheldrake 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 Loch Sheldrake
- The average income of a Loch Sheldrake resident is $15,662 a year. The US average is $28,555 a year.
- The Median household income of a Loch Sheldrake resident is $51,515 a year. The US average is $69,021 a year.