Middlebury, NY is a small town located in upstate New York. The cost of living is substantially lower than the national average, with the 2 bedroom rent being $850 compared to the U.S. average of $1,430. Additionally, the grocery cost index in Middlebury is 98 versus 100 throughout the country, further illustrating the difference in costs for goods and services. The town is well respected for its top-tier schools and educational systems such as Middlebury High School. Other businesses that thrive in this area include Middlebury Hardware and Lumber Supply Company, a family-owned business which has been providing hardware supplies for over 50 years; Sweet Creek Farm Market & Bakery which offers local produce and freshly baked goods; and Paradise Ranch Petting Zoo which provides families with a fun outdoor activity involving many different animals. Although living in Middlebury can be more affordable than other parts of the country, it still offers an abundance of recreational activities for all ages to enjoy.
Middlebury has an unemployment rate of 6.7%. The US average is 6.0%.
Middlebury has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 20.6%, which is lower than the US average of 33.5%.
Tax Rates for Middlebury
- The Sales Tax Rate for Middlebury is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Middlebury 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 Middlebury
- The average income of a Middlebury resident is $27,469 a year. The US average is $28,555 a year.
- The Median household income of a Middlebury resident is $77,660 a year. The US average is $69,021 a year.