Millport, NY is a small town located in Chemung County. It is known for its affordable living costs and beautiful scenery. The average two-bedroom rent for Millport is $1,090 per month, which is far below the US two-bedroom rent of $1,430 per month. Additionally, the Grocery Cost Index in Millport is 97 compared to 100 in the US. These low living costs make it an attractive place for people who want to settle down and start a family.
There are many local companies in Millport that contribute to its economy and provide job opportunities for locals. Some of these businesses include Millport Auto Parts, Big Dog Motorsports, Victor Printing and Graphics Company, and Canal View Farms Dairy Store. With its low cost of living and plenty of job opportunities, Millport is an ideal place to live comfortably without breaking the bank.
Millport has an unemployment rate of 6.9%. The US average is 6.0%.
Millport has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 11.6%, which is lower than the US average of 33.5%.
Tax Rates for Millport
- The Sales Tax Rate for Millport is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Millport 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 Millport
- The average income of a Millport resident is $15,654 a year. The US average is $28,555 a year.
- The Median household income of a Millport resident is $39,688 a year. The US average is $69,021 a year.