Meridian, NY is a small town located in Upstate New York with a population of around 4,000 people. It offers businesses and residents great access to local amenities such as grocery stores, restaurants, and banks. Meridian is home to several companies including ABC Corporation, XYZ Technologies, and iQ Consultants. The cost of living in Meridian is relatively low compared to other cities in New York State. For example, the average 2 bedroom rent cost for Meridian is $1,030 a month whereas it’s $1,430 for the US as a whole. Additionally, the Grocery Cost Index in Meridian is 98 compared to 100 in the US. These factors make Meridian an attractive location for those looking for affordability without sacrificing quality of living.
Meridian has an unemployment rate of 6.6%. The US average is 6.0%.
Meridian has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 16.6%, which is lower than the US average of 33.5%.
Tax Rates for Meridian
- The Sales Tax Rate for Meridian is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Meridian 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 Meridian
- The average income of a Meridian resident is $23,399 a year. The US average is $28,555 a year.
- The Median household income of a Meridian resident is $76,875 a year. The US average is $69,021 a year.