New Scotland, NY is a town located in Albany County, New York. It has great attractions such as the Thacher Park and the Indian Ladder Farms. The 2 bedroom rent in New Scotland is slightly lower than the US average at $1,320 compared to $1,430. Additionally, the Grocery Cost Index here is 105 versus 100 in the US, making groceries more expensive here than elsewhere. Local companies include S&S Auto Sales Inc., William C Reinhardt Real Estate, and Fearing Glass Co.
New Scotland has an unemployment rate of 5.7%. The US average is 6.0%.
New Scotland has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 26.2%, which is lower than the US average of 33.5%.
Tax Rates for New Scotland
- The Sales Tax Rate for New Scotland is 8.0%. The US average is 7.3%.
- The Income Tax Rate for New Scotland 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 Scotland
- The average income of a New Scotland resident is $54,407 a year. The US average is $37,638 a year.
- The Median household income of a New Scotland resident is $106,448 a year. The US average is $69,021 a year.