Nelsonville, NY Economy


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Nelsonville, NY is a small city located in the Hudson Valley area of New York state. It offers a slower pace of life and many outdoor activities including hiking and fishing. The city has a variety of businesses including small shops, restaurants, galleries, and boutiques. Companies like Nelsonville Florist, Nelsonville Building & Supplies, and Nelsonville Cafe are popular local favorites that have been around for generations. Rent in Nelsonville is slightly higher than the national average at $2,390 for two bedroom apartments while the Grocery Cost Index is slightly higher as well with an index score of 108 compared to 100 nationally. With its small town charm and unique local businesses, Nelsonville has something to offer everyone who visits.

Nelsonville has an unemployment rate of 5.5%. The US average is 6.0%.

Nelsonville 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 28.4%, which is lower than the US average of 33.5%.

Tax Rates for Nelsonville
- The Sales Tax Rate for Nelsonville is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Nelsonville 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 Nelsonville
- The average income of a Nelsonville resident is $36,693 a year. The US average is $28,555 a year.
- The Median household income of a Nelsonville resident is $113,333 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNelsonville, New YorkUnited States
  5.56
  -5.8%-6.2%
  28.4%33.5%
  8.4%6.2%
  6.2%4.6%
  $54,048$37,638
  $113,333$69,021
  $133,333$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  12.4%6.8%
  1.9%10.0%
  2.8%2.5%
  2.5%11.0%
  5.6%4.8%
  0.9%0.8%
  7.8%1.9%
  2.5%4.7%
  1.2%1.9%
  18.6%7.6%
  0.0%0.1%
  0.6%4.2%
  11.8%9.3%
  14.0%14.0%
  3.7%2.1%
  1.6%7.0%
  9.0%4.8%
  3.1%4.7%
Reviews for Nelsonville
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I've lived right next to The town for 21 years, For an evening of good food and indoor/outdoor dining you must go to The Depot. The old train station, Then on down too  More

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