Montague, NY Economy


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United States / New York / No Metro Area / Lewis County / Montague / Zip Codes
Montague, NY is a small town located in Suffolk County with a population of 7,873. The rent for a two bedroom apartment is $1,000 which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Montague is 98 which is slightly lower than the US average of 100. This makes it an ideal place for those looking to live on a budget. The town boasts a number of local companies including Monty's Pizza, Montague Building Supplies and McMillan Motors. These establishments provide jobs and services to the local community and show that even in small towns there can be plenty of opportunity.

Montague has an unemployment rate of 7.6%. The US average is 6.0%.

Montague has seen the job market decrease by -3.8% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.

Tax Rates for Montague
- The Sales Tax Rate for Montague is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Montague 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 Montague
- The average income of a Montague resident is $47,025 a year. The US average is $37,638 a year.
- The Median household income of a Montague resident is $26,929 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMontague, New YorkUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
Family Median Income 85028
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