New Lebanon, NY is a small town located in the northeast of the United States. It is a great place to live with low cost of living and plenty of local businesses. The average rent for a 2 bedroom apartment is $1,140, which is much lower than the national average of $1,430. Additionally, grocery costs are also lower than national averages with an index of 104 compared to 100 in the US.
New Lebanon has many well-known local companies including K&K Kountry Store, B&B Home Furnishings and Appliances, and the New Lebanon Valley Farm Market. Each store provides high quality products and friendly customer service that make them popular places to shop in town. Furthermore, there are several other businesses such as restaurants and banks that serve as great amenities for residents. All these great resources create an enjoyable atmosphere throughout New Lebanon that everyone can enjoy.
New Lebanon has an unemployment rate of 5.3%. The US average is 6.0%.
New Lebanon has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.
Tax Rates for New Lebanon
- The Sales Tax Rate for New Lebanon is 8.0%. The US average is 7.3%.
- The Income Tax Rate for New Lebanon 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 Lebanon
- The average income of a New Lebanon resident is $32,231 a year. The US average is $28,555 a year.
- The Median household income of a New Lebanon resident is $71,719 a year. The US average is $69,021 a year.