Nelson, NY is a great place to live due to its affordability. According to the content above, the 2 bedroom rent in Nelson, NY is about $1,110 compared to the US at $1,430. This makes it an affordable option for families or individuals looking for a place to stay. The grocery cost index in Nelson is also 101 compared to 100 in the US making groceries more affordable. Local businesses in Nelson include Nelson Hardware & Supply Co., Bamberger Roofing Inc., and The Light House Natural Foods Store. All these factors make Nelson an attractive destination for people looking for affordable living options.
Nelson has an unemployment rate of 6.3%. The US average is 6.0%.
Nelson has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 22.8%, which is lower than the US average of 33.5%.
Tax Rates for Nelson
- The Sales Tax Rate for Nelson is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Nelson 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 Nelson
- The average income of a Nelson resident is $44,282 a year. The US average is $37,638 a year.
- The Median household income of a Nelson resident is $76,932 a year. The US average is $69,021 a year.