New City, NY is an attractive city for those interested in relocating. This is due to its high 2 bedroom rent which stands at $2,810 compared to the US average of $1,430. Additionally, grocery costs in New City are higher than the national average with a cost index of 107. There are a growing number of tech companies setting up offices in New City and it is home to many popular attractions such as the Big Rock Amusement Park, the city's iconic Art Museum and The National History Museum. With all these features combined, New City is quickly becoming one of the most sought after destinations for relocation.
New City has an unemployment rate of 5.6%. The US average is 6.0%.
New City has seen the job market decrease by -6.4% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.
Tax Rates for New City
- The Sales Tax Rate for New City is 8.4%. The US average is 7.3%.
- The Income Tax Rate for New City 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 New City
- The average income of a New City resident is $57,835 a year. The US average is $37,638 a year.
- The Median household income of a New City resident is $151,931 a year. The US average is $69,021 a year.