Montgomery, NY is a desirable destination for those looking for a quality place to settle down. The town offers plenty of employment opportunities with local companies like Durka, Inc., Bivens Construction and Richards Carpeting. The area is home to numerous industries such as agriculture, retail and manufacturing. Montgomery also has many attractions that tourists can enjoy such as the Orange County Fairgrounds, Thomas Bull Memorial Park and the Sterling Forest State Park. With its affordable two-bedroom rent costs and grocery cost index close to that of the US average, it is easy to see why Montgomery is an excellent location for families wanting to call this town their home.
Montgomery has an unemployment rate of 6.1%. The US average is 6.0%.
Montgomery has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 28.6%, which is lower than the US average of 33.5%.
Tax Rates for Montgomery
- The Sales Tax Rate for Montgomery is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Montgomery 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 Montgomery
- The average income of a Montgomery resident is $31,099 a year. The US average is $28,555 a year.
- The Median household income of a Montgomery resident is $85,255 a year. The US average is $69,021 a year.