McGraw, NY is a charming small town located in the Central New York region of the United States. It is known for being home to some great local businesses, including McGraw's Supermarket, McDonald's Hardware Store, and the local antique shop. The town also provides many amenities that residents enjoy such as a public library, multiple parks, and even a movie theater. Despite its small size, McGraw offers affordable housing compared to the US average with an estimated 2 Bedroom Rent of $940 compared to the US average of $1,430. Grocery costs are relatively low in McGraw as well with an index score of 98 compared to 100 on the US scale. Overall, McGraw is great place for those who want a cozy small-town feel combined with modern amenities at an affordable cost.
McGraw has an unemployment rate of 6.9%. The US average is 6.0%.
McGraw has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 18.1%, which is lower than the US average of 33.5%.
Tax Rates for McGraw
- The Sales Tax Rate for McGraw is 8.0%. The US average is 7.3%.
- The Income Tax Rate for McGraw 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 McGraw
- The average income of a McGraw resident is $24,291 a year. The US average is $28,555 a year.
- The Median household income of a McGraw resident is $56,328 a year. The US average is $69,021 a year.