New Paltz, NY is a vibrant and diverse community located in the Hudson Valley region of New York. The area has an abundance of attractions such as hiking trails, historic sites and local wineries. It also has a thriving economy with access to top employers such as Health Quest, SUNY New Paltz, Hutton Brickyards and GlobalFoundries. 2 Bedroom Rent in New Paltz, NY is $1,760 compared to the US average of $1,430 for a two bedroom unit. Additionally, the Grocery Cost Index for the area is 107 versus 100 nationally. This makes New Paltz a desirable place to live and work.
New Paltz has an unemployment rate of 6.2%. The US average is 6.0%.
New Paltz has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 26.5%, which is lower than the US average of 33.5%.
Tax Rates for New Paltz
- The Sales Tax Rate for New Paltz is 8.0%. The US average is 7.3%.
- The Income Tax Rate for New Paltz 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 Paltz
- The average income of a New Paltz resident is $28,410 a year. The US average is $28,555 a year.
- The Median household income of a New Paltz resident is $79,615 a year. The US average is $69,021 a year.